Accord Members are individual companies who have contributed cash and/or fiber strands to Accord in exchange for equity, called Membership Percentage, in Accord. Membership Percentage is also the percentage of net revenue payments each Member receives when the Accord Board chooses to make such distributions. Members have voting rights and may nominate representatives for possible election to the nine-member Accord Board of Managers. Members can participate in optional cash calls if needed to gain or maintain membership share. New Members must be accepted through 75% approval of Accord’s existing Members.
