Member definition: Copy, customize, and use instantly
Introduction
The term "Member" refers to an individual or entity that holds a particular role or interest within an organization, group, or agreement. It is essential for defining the rights, responsibilities, and participation of those involved, whether they are part of a company, association, cooperative, or other entities.
Below are various examples of how "Member" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Member" as an individual or entity in an organization
This definition ties "Member" to its role as an individual or entity within an organization.
"Member" refers to any individual or entity that is a part of an organization, association, or group, holding certain rights and responsibilities as specified in the governing documents or agreements.
Definition of "Member" as a participant in a contractual agreement
This definition connects "Member" to its role as a participant in an agreement.
"Member" means any party to a contractual agreement who holds a specific stake, interest, or obligation, and whose participation is governed by the terms of the contract.
Definition of "Member" as a shareholder or stakeholder in an entity
This definition links "Member" to its status as a shareholder or stakeholder.
"Member" refers to any individual or entity that holds shares or equity interests in a company or other legal entity, and has certain rights, including voting and profit-sharing rights, as outlined in the entity’s operating documents.
Definition of "Member" as a participant in a limited liability company (LLC)
This definition applies "Member" to its specific role in an LLC.
"Member" means any individual or entity that holds ownership interest in a limited liability company (LLC), with rights and duties regarding management, profits, and liabilities as set forth in the LLC’s operating agreement.
Definition of "Member" as a participant in a partnership or joint venture
This definition ties "Member" to its role in a partnership or joint venture.
"Member" refers to any participant in a partnership or joint venture, who shares in the profits, losses, and management responsibilities of the entity according to the partnership or joint venture agreement.
Definition of "Member" as a beneficiary of a trust or fund
This definition connects "Member" to its role as a beneficiary.
"Member" means any individual or entity that is entitled to receive benefits or distributions from a trust, fund, or similar financial arrangement, as determined by the governing trust agreement or fund terms.
Definition of "Member" as an individual in a cooperative
This definition links "Member" to its role in a cooperative.
"Member" refers to an individual who is part of a cooperative, participating in its activities and benefiting from the services or goods provided by the cooperative, as specified by the cooperative’s bylaws.
Definition of "Member" as a participant in a professional organization
This definition applies "Member" to its role in a professional organization.
"Member" means an individual or entity that belongs to a professional organization or association, with rights to participate in the activities, governance, and benefits provided by the organization.
Definition of "Member" as a participant in a club or society
This definition connects "Member" to its role in a club or society.
"Member" refers to an individual who is part of a club, society, or other similar group, holding the rights to participate in the club’s activities, voting processes, and access to services or benefits.
Definition of "Member" as a subscriber to a subscription service
This definition links "Member" to its participation in a subscription-based service.
"Member" means any individual or entity who subscribes to a service, product, or content under an agreement, with access rights granted based on the subscription terms.
Definition of "Member" as an individual in a union or labor organization
This definition ties "Member" to its role in a labor union.
"Member" refers to any individual who is part of a labor union or similar organization, participating in collective bargaining, and entitled to union benefits and services according to the organization’s charter.
Definition of "Member" as a participant in a membership-based program
This definition connects "Member" to its participation in a membership program.
"Member" means any individual who joins a membership program, receiving benefits, services, or exclusive rights as outlined by the program’s terms and conditions.
Definition of "Member" as an individual or entity with voting rights in a corporation
This definition links "Member" to its role in corporate decision-making.
"Member" refers to any shareholder or member of a corporation who possesses voting rights, enabling them to influence corporate decisions and governance, as stipulated in the corporate charter.
Definition of "Member" as an individual in a registered association
This definition applies "Member" to its status in a registered association.
"Member" means an individual who has formally registered with an association, group, or collective, and has agreed to abide by its rules, regulations, and bylaws.
Definition of "Member" as an entity with participation rights in a limited partnership
This definition connects "Member" to its role in a limited partnership.
"Member" refers to an entity or individual who holds a partnership interest in a limited partnership, entitled to certain rights such as profit participation and decision-making, subject to the partnership agreement.
Definition of "Member" as a partner in a limited liability partnership
This definition ties "Member" to its role in a limited liability partnership (LLP).
"Member" refers to any individual or entity that holds a partnership interest in a limited liability partnership, with rights and obligations as specified in the partnership agreement.
Definition of "Member" as a participant in a mutual fund
This definition connects "Member" to its status as a participant in a mutual fund.
"Member" means any individual or entity that has invested in a mutual fund, holding units or shares in the fund and entitled to distributions as specified in the mutual fund’s governing documents.
Definition of "Member" as an investor in a syndicate
This definition links "Member" to its role as an investor in a syndicate.
"Member" refers to any individual or entity that has invested in a syndicate, holding a share of the profits and liabilities as outlined in the syndicate’s agreement.
Definition of "Member" as a constituent in a constituent organization
This definition applies "Member" to its status in a constituent organization.
"Member" means any individual or entity that forms part of a constituent group or organization, with rights and duties as defined by the organizational charter.
Definition of "Member" as an individual holding a membership card or certificate
This definition connects "Member" to its role in holding a membership card.
"Member" refers to any individual or entity that holds a valid membership card or certificate in an organization, association, or group, granting them access to specific privileges.
Definition of "Member" as a participant in a cooperative business
This definition links "Member" to its role in a cooperative business.
"Member" means an individual or entity that is a part of a cooperative business, with rights to participate in its governance and share in its profits, as defined by the cooperative’s operating agreement.
Definition of "Member" as a recipient of membership benefits
This definition ties "Member" to its entitlement to benefits.
"Member" refers to any individual or entity who receives specific benefits from an organization, association, or program, in exchange for meeting the membership requirements.
Definition of "Member" as an entity with rights to participate in a board of trustees
This definition connects "Member" to its role in a board of trustees.
"Member" means an individual or entity that holds a seat or position on a board of trustees, with voting rights and responsibilities in overseeing the operations and decisions of the organization.
Definition of "Member" as an employee in a company
This definition applies "Member" to its role as an employee.
"Member" refers to any individual who is employed by a company or organization and is entitled to participate in the benefits, voting, and decision-making processes as per the company’s policies.
Definition of "Member" as an individual in a franchise system
This definition ties "Member" to its status in a franchise system.
"Member" refers to a franchisee or individual franchisee holder within a franchise system, entitled to operate under the brand name and abide by the terms of the franchise agreement.
Definition of "Member" as a participant in an employee benefits plan
This definition links "Member" to its role in an employee benefits plan.
"Member" means any employee or individual who participates in an employee benefits plan, receiving coverage or benefits as outlined in the plan’s terms.
Definition of "Member" as a registered member in a trade association
This definition connects "Member" to its status in a trade association.
"Member" refers to an individual or entity that is a registered participant in a trade association, with rights to engage in networking, advocacy, and access to industry-specific resources.
Definition of "Member" as a contributing member in a pension plan
This definition links "Member" to its role in a pension plan.
"Member" means an individual who contributes to a pension plan and is entitled to receive retirement benefits according to the terms of the pension agreement.
Definition of "Member" as a beneficiary in a welfare fund
This definition ties "Member" to its role as a beneficiary in a welfare fund.
"Member" refers to an individual or entity that is entitled to benefits from a welfare fund, including health, disability, and life insurance benefits as defined by the fund’s governing documents.
Definition of "Member" as an individual involved in a research consortium
This definition applies "Member" to its status in a research consortium.
"Member" means any individual or institution that participates in a research consortium, contributing knowledge, resources, or data in exchange for access to the research results and publications.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.