CHIC’s Board decided to update the CHIC Members Agreement this year, to make it more straightforward and reflective of the needs of a larger consortium.
The existing Members Agreement was originally developed and structured for the seven Founding Members, who assumed there would be some progressive but modest growth in membership.
The current Members Agreement is cumbersome and the process by which new members join is more complex than need be for both the CHIC team and our members. Our aim is therefore to simplify the Agreement itself and to make the process by which new members are admitted as efficient as possible.
Proposed changes involve making the Members Agreement much clearer, updating CHIC’s Articles of Association and limiting the need to consult members on some business decisions that the Board can take.
The current Articles require members to agree the proposed changes – firstly at a general meeting and then if agreed, to sign the new, revised documents.
Victoria Speakman, CHIC’s Head of Member Services said “Having been an account manager for CHIC for over 7 years, I have had many projects delayed due to the need for members to review the lengthy documentation. Simplifying the process will be beneficial to all members.”
All members have been contacted electronically with an explanation of the request for the approval to change, with the option to attend a General Meeting on Friday 27th May 2022 or to provide a Proxy Vote. If you have received this email and want to know more OR this request would have been better distributed to someone else within your organisation, please get in touch with CHIC’s Chief Executive, jfisher@chicltd.co.uk.
