The FQE has put forward a proposal with respect to the working agreement with the CFC. I would caution the voting members to maintain decorum in this discussion.



2) Gentleman’s Agreement between CFC & FQE




- The Agreement becomes yearly as of January 1st 2016


- With regards to the period running from August 1st to December 31st 2015 (i.e. 5 months) FQE will pay the CFC « pro rata temporis » a sum of $2500 ($6000 x 5/12).


- The underlying rationale is that FQE has experienced financial losses for the past 3 years and therefore its Board has decided it was appropriate governance to cut in half the $6000 contribution to CFC.


- To compensate the difference, FQE will forego the $2000 support grant awarded to last year Canadian Open organizer.


- To further compensate, FQE proposes to offer to the CFC the accomplishment of some Administrative Tasks still to be discussed (TBD). It is conceivable that this would be a first step toward further cooperation. (TBD)


Best regards,


Bernard Labadie


Richard Bérubé