2019 Team Dealers Fall Show Book

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. Notification is im- portant because Sports, Inc. Staff often can help make sure that your membership is not affected. Examples of material changes include, but are not limited to, change of ownership, location, adding branches, adding or dropping merchandise categories, or experiencing unfor- tunate events like catastrophic weather, fire, or burglaries. IMPORTANT - Members should be especially proactive if

they are contemplating the sale of their business. Remem- ber that the SI stock will not transfer to the new owners. The prospective buyers have to apply for membership just like any other prospective member and be accepted for member- ship 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 prospective buyer. If you have any questions about the notification provisions in either the By-laws or the Membership Agreement, please contact Todd Adams or Matt Owen in the Sports, Inc. office.

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