2018 Sports, Inc. Team Dealers Fall Show

MATERIAL CHANGES

OWNERSHIP CHANGES, THEFT & CATASTROPHIES

Please let Sports, Inc. know about business plans that could affect your Sports, Inc. Membership. As part of the Sports, Inc. Membership Agreement and the By-laws, members agree to notify the Sports, Inc. Office about material changes in their business. Notifi- cation is important because Sports, Inc. Staff often can help make sure that your membership is not affected. Examples of material changes include, but are not lim- ited to, change of ownership, location, adding branches, adding or dropping merchandise categories, or experi- encing unfortunate events like catastrophic weather, fire, or burglaries. IMPORTANT - Members should be especially proac-

tive if they are contemplating the sale of their business. Remember that the SI stock will not transfer to the new owners. The prospective buyers have to apply for mem- bership just like any other prospective member and be accepted for membership by the Sports, Inc. staff. If members inform the SI office of a possible change in ownership early in the process, the Sports, Inc. staff often can assist both the existing member and the pro- spective buyer. If you have any questions about the notification pro- visions in either the By-laws or the Membership Agree- ment, please contact Todd Adams or Matt Owen in the Sports, Inc. office.

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