Resolution 2021-06-22.mcs.3: Removal of Performance Co-Pilot as an associated project

This resolution was adopted by the Board of Directors of SPI at their meeting of June 22, 2021.

WHEREAS

1. Performance Co-Pilot is currently an SPI associated project.

2. The Performance Co-Pilot liaison has notified SPI that Performance Co-Pilot has joined the OpenCollective Foundation.

3. Performance Co-Pilot no longer requires or intends to use the services which SPI provides to associated projects, such as receiving donations, except with respect to the management of assets currently held by SPI for Performance Co-Pilot.

4. Performance Co-Pilot wishes to transfer its assets held by SPI to the OpenCollective Foundation, to the extent not spent before the transfer is completed.

5. OpenCollective Foundation has been recognized by the IRS as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code.

THE SPI BOARD RESOLVES THAT

1. Performance Co-Pilot is removed from the list of SPI associated projects.

2. SPI will endeavor in good faith to transfer all assets currently held by SPI for Performance Co-Pilot to the OpenCollective Foundation within a reasonable time from the date of approval of this resolution.

3. SPI will no longer actively seek donations on behalf of Performance Co-Pilot.

4. This is subject to any undischarged obligations SPI may have with respect to Performance Co-Pilot. We are not aware of any such undischarged obligations. We ask anyone who is aware of any to notify us within 30 days of this resolution.