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PARENT EXCHANGE COOPERATIVE CONTRACT
This agreement is made between the parents participating in the Parent Exchange Cooperative ("Cooperative"), as identified by their signatures below. The purpose of this agreement is to outline the terms and conditions of participation in the Cooperative.
- Parent Lead Class: Each parent will lead a class once a month from 2:30 pm to 6:30 pm. The class will be determined by the parent's area of expertise and will be approved by the Board of Directors. The parent leading the class will be responsible for developing a lesson plan, bringing any necessary supplies, and supervising the children during the class.
- Volunteering: Each parent will volunteer for 4 hours per month. The volunteer hours will be scheduled in advance by the Board of Directors. If a parent is unable to complete their volunteer hours, they will be required to pay a fee of $20 per hour missed.
- Child Care Exchange: In exchange for the parent lead class and volunteering hours, each parent will receive child care services for their child during the agreed-upon hours. Child care services will be provided by other parents participating in the Cooperative.
- Background Check: Each parent participating in the Cooperative must undergo a background check. The cost of the background check will be the responsibility of the parent and must be completed before the parent's first day of participation.
- Financial Contribution: Each parent will be required to contribute financially to a building fee. Part-time participants will be responsible for a fee of $650, and full-time participants will be responsible for a fee of $900. This fee will be used to cover the cost of rent, utilities, and other expenses associated with operating the Cooperative.
- Term: This agreement shall be in effect for one year from the date of signing. At the end of the term, each parent may choose to renew their participation in the Cooperative by signing a new agreement.
- Termination: Either party may terminate this agreement with written notice to the other party. The termination will be effective on the last day of the month following the month in which the notice was received.
I have read and understand the terms of this agreement and agree to abide by them.
Parent Signature Date
