This Agreement is entered into on this 1 day of July, 2017, between the University of Arkansas at Pine Bluff/Agricultural, Mechanical, and Normal College Alumni Association and the Board of Trustees of the University of Arkansas, acting for and on behalf of the University of Arkansas at Pine Bluff.
WHEREAS, the Board of Trustees of the University of Arkansas acting for and on behalf of the University of Arkansas at Pine Bluff (“UAPB” or “the University”) is a public institution of higher education. established pursuant to the constitution and laws of the State of Arkansas; and
WHEREAS, UAPB has an interest in maintaining a favorable relationship with its graduates, former students, and friends;
WHEREAS, the University of Arkansas at Pine Bluff/Agricultural, Mechanical, and Normal College Alumni Association d/b/a University of Arkansas at Pine Bluff National Alumni Association (“the Association”) is a separately incorporated, non-profit entity that is exempt from taxation under Section 501(c)(3) of the Internal Revenue Code , as amended, and organized under the laws of the State of Arkansas;
WHEREAS, the Association exists to promote the objectives of the UAPB by establishing and maintaining a high-quality relationship between UAPB and its alumni, such as by providing programs to alumni that enrich their connections to UAPB; providing appropriate recognition to students, alumni, and faculty; and promoting the general welfare of the interests of UAPB through alumni engagement; and
WHEREAS, the Association has received official recognition from the Chancellor of UAPB and has established all of the privileges and responsibilities of that relationship as outlined in Board of Trustees Policy 345.1, which is incorporated by reference herein.
NOW THEREFORE, in order to assure compliance with the University of Arkansas Board of Trustees Policy 345.1, which governs the formation and maintenance of alumni associations, the parties agree as follows:
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