Features/Benefits of AFCNA Membership

FEATURES/BENEFITS OF AFCNA MEMBERSHIPS

FEATURE/BENEFIT

CLASS “A”

CLASS “B”

One-time stock purchase fee

$250

$1

No annual Fees

X

X

No Fiber Processing Fees

X

X

Eligible to receive annual Shareholder Net Proceeds Distribution based on patronage (fiber contribution)

X

X

Eligible to contribute all grades and lengths of fiber. Skirting or pre-grading is not required.

X

X

Option to host a Collection Point

X

X

Eligible for free shipping of your fiber contribution with 500 lbs. of fiber collected

X

X

Entitled to member discount for purchases on AA website/show vendor booth

X

Eligible to receive an annual Net Profits Distribution based on annual purchasing activity

X

Entitled to sell or otherwise transfer a Class A share of stock to another qualified person

X

Eligible to receive a Referral Bonus for recruiting new Class A members to join the cooperative

X

Eligible to receive fiber contributed sort/grade result reports as a free benefit

X

Eligible to vote in ALL AFCNA elections

X

Eligible to run for election on the AFCNA BOD

X

Entitled to license the North American Trademark at no charge

X