Gpsa Association

“The CEO reviews and signs the Form 990.”

“Documents legally required to be disclosed are available upon request.”

“Our members are corporate entities. Each member designates an individual to act as its Official Representative". There are seats on our Board of Directors for approximately 10% of the total number of our corporate members, with the precise number determined each year by a Nominating Committee, which is comprised of four to six Official Representatives appointed by the President. Board seats are allocated among seven geographic districts pro rata to the number of members in each district. A member may only serve as a director for a Board seat allocated to such members district, which is the address of record for its Official Representative. The term of office for a member of our Board of Directors is two years, initiating after our annual convention each September, and continuing to the end of the second subsequent annual convention. A corporate member may be re-elected to an unlimited number of terms on our Board of Directors, but no individual Official Representative may serve more than twelve years on the Board of Directors. After identifying the total number of Board seats available each year, the Nominating Committee identifies which seats are vacant, and nominates up to two eligible corporate members for election by the membership for each vacant Board seat within each appliable district. Director nominees receiving the greatest number of votes within thirty days via written ballot of members are elected to the Board of Directors.The Executive and Finance Committee may exercise all powers of the Board of Directors at times when the Board of Directors is not in session as to routine affairs of the Association. Routine affairs do not include the review and approval of the annual budget, selection of the auditor, review of the audit, approval of the delegation of authority policy, approval of a minimum cash reserve, approval of membership dues, or amendment of the by-laws. The Executive and Finance Committee is comprised of the President, First Vice President, Second Vice President, Third Vice President, CEO and up to six non-officer appointees selected by the President. The President, First Vice President, Second Vice President, Third Vice President each serve a one year term of office. Each officer succeeds to the next higher position and a new Third Vice President is elected by the Board of Directors each year.”

“The Board of Directors selects our auditor and receives and reviews the audit report.”

“Pursuant to the terms of its By-laws, GPSA Association is operated by GPA Midstream Association and pays for such operational services via reimbursement of an allocated share of GPA Midstream Associations overhead.”