CLASS A PUBLIC MEMBERSHIP AGREEMENT SUMMARY
The full Membership Agreement can be viewed here.
The Savvy Coop, Ltd. (“Savvy”) Public Membership Agreement explains what you agree to when you become a Member of Savvy, and what Savvy responsibilities are to you as a Public Member.
What it Means to be a Public Member:
- You are a patient, caregiver, loved one of a patient, or a helpful citizen looking to share your health experiences.
- As a Public Member, you agree to buy and own one share of Class A Stock in the Cooperative; you’re a co-owner of Savvy!
- You participate in Savvy by setting up your profile on savvy.coop, and helping to provide patient insights as needed.
- You are eligible to earn a share of Savvy’s profits, called “patronage dividends,” based on your participation in Savvy.
- You can vote for the members of the Board of Directors that represent Public Members, and on other major decisions.
- You will not be entering into or forming an employee-employer relationship.
Your Responsibilities as a Public Member:
- You agree to purchase one share of Class A Common voting stock, and fulfill Public Member obligations.
- Your participation is voluntary, but when you opt to participate, you agree to truthfully and accurately represent your identity and health information to Savvy and its clients.
- You agree to abide by the Bylaws.
- You agree to report any taxable income you earn through the cooperative.
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Additional Terms:
The complete Public Membership Agreement provides a full description of liens; governance and committees; withdrawal and forfeiture of membership; access to organizational documents; recognition that your purchase of the Class A Share was not reviewed by a regulator and is not required to be registered; disclaimers of liability; dispute resolution and governing law; the power of the Board to administer and enforce the Agreement; and other terms necessary to make this agreement final and binding. Savvy disclaims liability arising from reliance on this Summary in lieu of the Public Member Agreement.
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Check box to agree to membership terms