- Joined
- Aug 13, 2013
- Messages
- 9,081
- Reaction Score
- 8,794
The Exit Fee in the ACC Bylaws is well known. It is 3x the annual conference administrative fee. $140 million.
Of course, that may be negotiable. If the courts decide that this fee is designed as a “penalty” rather than an expression of liquidated damages, it could be less.
Of course, that may be negotiable. If the courts decide that this fee is designed as a “penalty” rather than an expression of liquidated damages, it could be less.