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and subject to all of its terms, conditions and obligations. <br /> 14. WITHDRAWAL. Any Member may withdraw from this Agreement by filing <br /> written notice of its intention to do so with the EMT. The withdrawal of any Member from this <br /> Agreement shall in no way affect the rights and obligations of the remaining Members. If any <br /> Member ceases purchasing services from EAGLE-Net, it shall be deemed to have withdrawn <br /> from this Agreement, and its membership shall terminate. <br /> 15. TERMINATION AND DISPOSITION OF PROPERTY. This Agreement shall be <br /> deemed terminated when only one Member continues to participate in EAGLE-Net, or when all <br /> participating Members choose to terminate it. Unless otherwise required by applicable law, or <br /> upon order of a court or regulatory body with jurisdiction, upon termination, all assets and the <br /> remainder of the Operating Budget shall be paid over or transferred to and among one or more <br /> governmental entities or exempt organizations described in sections 501(c)(3) or (c)(4) of the <br /> Internal Revenue Code. The governmental entities or exempt organizations designated to <br /> receive such property, and their respective shares and interests, shall be determined by the Board <br /> of Directors and the EMT. <br /> 16. COOPERATION AND PUBLIC CHARGE. The parties hereby agree that they shall <br /> cooperate so far as possible within the constraints of applicable law to effectuate the intent of this <br /> Agreement. EAGLE-Net shall at all times act in conformity with all applicable laws, statutes <br /> and regulations, including equal opportunity provisions, and Members and Directors agree that <br /> they will make decisions and act in accordance with the public interest, so as to best benefit the <br /> citizens of Colorado and deployment of high speed broadband services to Community Anchor <br /> institutions. <br /> 17. EFFECTIVE DATE AND TERM. This Agreement shall become effective when it <br /> has been duly authorized by two (2) of the parties and executed originals of this Agreement and <br /> other appropriate documents evidencing such approval, have been filed at the communications <br /> address of EAGLE-Net. This Agreement shall continue in effect through June 30th following <br /> the effective date and thereafter from year-to-year, or until termination in accordance with the <br /> terms hereof. <br /> 18. INSURANCE AND HOLD HARMLESS. No Member, no Director, and no person <br /> acting in their capacity on the EMT shall be liable for claims because of participation in, or as <br /> the result of any action or omission by, EAGLE-Net. Without waiving the protections, rights <br /> and limitations of the Colorado Governmental Immunity Act, C.R.S. 24-10-101 et seq., and any <br /> other applicable laws, where appropriate, EAGLE-Net shall, defend and indemnify Members <br /> EAGLE-Net <br /> Intergovernmental Agreement <br /> Revised 1/17/12 <br /> Page 8 <br />