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or 15, shall not relieve any Member of its rights, obligations, liabilities or duties <br />under this Agreement or the individual Risk Management Programs in which the <br />Member participates. <br />4.2 Each Member agrees to be bound by and to comply with all of the terms and <br />conditions of the Governing Documents and any Resolution or other action <br />adopted by the Governing Board as they now exist or may hereinafter be adopted <br />or amended. Each Member assumes the obligations and responsibilities set forth <br />in the Governing Documents. <br />ARTICLE 5. GOVERNING BOARD. <br />5.1 The Authority shall be governed by a Governing Board the composition of which <br />shall be set forth in the Authority's By -Laws. Immediately upon admission of a <br />new Member pursuant to Article 16, the Member shall be entitled to appoint a <br />Representative to the Governing Board and an alternate Representative and, if <br />desired, a substitute alternate Representative, each of whom shall meet the <br />parameters set forth in the Authority's By -Laws. Decisions of the Member <br />representative, or the Governing Board in his/her absence, shall be binding on the <br />Member. <br />5.2 The Member Representative and/or alternate Representative or substitute alternate <br />Representative shall be removed from the Governing Board upon the occurrence <br />of any one of the following events: (1) the expulsion or withdrawal of the <br />Member from the Authority; (2) the death or resignation of the Member <br />Representative; (3) the Authority receives the written notice from the Member <br />Approved by the Goveming Board October 13, 2004 <br />7 <br />55E-13 <br />