National Lottery Syndicate Agreement - Part One Syndicate Name [< >] Syndicate Manager [< >] It is hereby agreed as follows 1. The Members 1.1 have chosen by simple majority the Manager 1.2 agree to pay their individual stake to the Manager in advance of...
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National Lottery Syndicate Agreement - Part One Syndicate Name [< >] Syndicate Manager [< >] It is hereby agreed as follows 1. The Members 1.1 have chosen by simple majority the Manager 1.2 agree to pay their individual stake to the Manager in advance of each draw 2. The Manager 2.1 agrees to establish a procedure for agreeing the numbers and combinations to be entered by the Syndicate for each draw; 2.2 agrees to collect each Member’s individual stake money as quantified in Part Two of this Agreement prior to the draw 2.3 agrees to purchase tickets bearing the agreed numbers and combinations for the amount of the total syndicate stake (being the sum of all the individual stakes as quantified in Part Two of this Agreement) for each draw. If, the total syndicate stake is deficient because one or more Members failed to pay their stake the Manager shall have absolute discretion as to which of the agreed combinations to enter 2.4 agrees, at his or her absolute discretion, to pay any Member
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