Spring 2013 MEMBERSHIP AGREEMENT OF SIGMA PHI EPSILON FRATERNITY NEW JERSEY BETA CHAPTER RUTGERS UNIVERSITY This

AGREEMENT is a LEGALLY BINDING CONTRACT. Upon completion and signature, you will become obligated to make all payments as set forth herein. Failure to comply with the Agreement may result in collection proceedings, legal action, encumbrance of University records, and/or loss of fraternity privileges and membership. DO NOT SIGN UNTIL YOU READ THE AGREEMENT AND UNDERSTAND THE TERMS THEREIN. I. Whereas in accordance with the Sigma Phi Epsilon Fraternity's Bylaws and Administrative Policies and Procedures (the "APP"), Section E--Undergraduate Chapter Operating Provisions, Paragraph 23(d), each undergraduate chapter shall have the power to provide in the bylaws, assessments or fees for board, lodging, and maintenance of chapter properties, subject to the approval of its alumni board.

II. Whereas the alumni board of the chapter has approved the following Membership Agreement and intends to fully abide by, and to fully enforce, the obligations outlined within this agreement. AGREEMENT: I. Financial Obligations. A. Payments -- Payment of all dues, social fees, fines, assessments, room and board, parlor fees, as well as any and all other financial obligations shall be made prior to midnight of the date such obligations are due. Should a member be unable to meet with the vice president of finance and make payment in person, it is the member's responsibility to mail any fees which are due, with an envelope postmarked no later than the due date of the payment to avoid a fine for late payment. B. Late Payment or Nonpayment -- Late payment or the failure to pay any portion of financial indebtedness by a member when due shall be considered a violation of the Membership Agreement and, pursuant to Section E, Paragraph 35, of the APP may result in one or more of the following penalties. (1)Penalties: (a) Reprimand or censure in open chapter meeting, (b)Imposition of a fine of no more than One Hundred Dollars ($100.00), (c) Denial of specific privileges, (d)Suspension for a definite time, and (e) Expulsion from the Fraternity. (2)Unacceptable Excuse: "Waiting for student loans or grants" shall not be acceptable reasons for late payment of any financial obligation. Members are directed to pursue short-term loans from the university, their parents, or their bank while awaiting grants, loans, or scholarships. Since the chapter does not attempt to profit, but rather to break even, we must receive 100% of our revenues when due, in order to pay our bills and remain in operation. C. Amounts Due -- Specific charges for the Spring 2013 semester are as follows: Dues & Fraternity Charges: $400

Security Deposit will be adjusted each semester if any charges are made for damage by either individual, guests or entire Chapter to Chapter facility or its contents. In accordance with the law, interest will be applied to Deposit which must be replenished each semester if charges are made. Any remaining Deposit will be returned following graduation. D. Due Date -- The payments for each school term shall be due as follows: Due in full no later than February 7, 2013 Payment Plans may be requested subject to approval by VP Finance and Alumni Board. E. In the event that an unexpected and/or special circumstances occur prohibiting a member from paying his bill in full on time, a special payment plan may be worked out with the alumni board, only if approved by unanimous vote, and only if requested in writing at least seven (7) days prior to the date bills are due--to allow the vice president of finance time to make any necessary budget changes. However, any member who requests such a "special payment plan" may be assessed board, dues, and any other fees or assessments at a 10% higher rate than those members who have met their financial obligations on the dates listed in Paragraph 3, should they fail to adhere to their revised payment schedule. II. Enforcement and Penalties. A. Fines. Anyone who does not pay 100% of their required financial obligation by midnight on the due date or who has not requested and been granted a "special payment plan" pursuant to Paragraph I.E., is automatically fined 10%, up to a maximum of $100, and is immediately suspended. Such members shall remain on suspension until their debts and fines have been paid in full, or they may be subject to expulsion. Fines (other than fees) must be paid within fourteen (14) days. If the fine is not paid within fourteen (14) days, the initial fee will be doubled and action may be taken to place the individual on suspension. B. Suspension. Any member suspended due to indebtedness is prohibited from participating in any chapter activity, including but not limited to: loss of meals, voting in chapter meetings, participating in intramurals, and all social functions, wearing or displaying the fraternity insignia, and otherwise identifying himself as a member of the Fraternity. Furthermore, any member who attends a social function while on suspension may be expelled from the Fraternity. (1) Definition: Suspension is defined within Section E, Paragraph 36, of the APP as "the denial for a definite period of the privileges and benefits of membership." (2) Any member on suspension shall have a letter sent to his parents by the vice president of finance and/or the alumni board, itemizing all charges. In addition, anyone who "bounces" a check to the chapter or alumni board shall be suspended and fined $10, in addition to the actual costs incurred by the Chapter or Alumni Board for depositing said check, and is required to pay cash for the remainder of the term.

C. Expulsion. The alumni board will automatically initiate expulsion proceedings against all members who have financial obligations which are 60 days past due. Said persons shall be referred to the alumni board and then to the national Fraternity. Under Section E, Paragraph 41 of the APP, "expulsion for indebtedness shall become effective ten (10) days after written notice of the action taken has been given the member." In order to be reinstated following expulsion due to indebtedness, the procedures outlined in Paragraph 42 of the Administrative Policies and Procedures must be followed. D. Attorney and Collection Fees. The member agrees to pay the Fraternity and its Alumni Corporations attorneys fees and court costs in any action relating to this agreement in which the Fraternity and its Alumni Corporation prevails. The member agrees, in the event that collection actions for the charges specified in the Agreement is necessary, to pay all costs of any kind incurred by the Landlord, along with reasonable counsel fees. E. Encumbrance. If a student at Rutgers University, the Student (and his Parents or Guardian, if he is a minor) expressly agrees that at the request of Sigma Phi Epsilon, Rutgers, the State University of New Jersey, may encumber (hold) the records of (Name of Student) for failure to pay, when due, all room rental, food charges, and dues that apply uniformly to all members of the chapter. (Name of Student and his parent or guardian if he is a minor) expressly authorizes the University to make such encumbrances with the knowledge that such encumbrances may deny (name of student) access to his/her transcript of academic records and preclude him/her from continued enrollment in the University. This Agreement and Authorization shall not apply to any obligations which may be incurred by (Name of Student) after he/she ceases to be a student at Rutgers University. III. General Conduct Obligations. A. No Firearms. No firearms or any weapons, including pellet guns, BB guns, etc., may be on chapter property or at any chapter function at any time. Violation of this policy subjects a member to fines, suspension, or expulsion. B. No Drugs. No illegal drugs may be on chapter property or at any chapter function at any time. Possession of such is grounds for immediate expulsion. C. Statement of Responsibility. As an essential element of each individual's obligation, each member when signing this agrees to support and behave consistent with the Fraternity's "Statement on Chapter & Individual Responsibility." Violation of this policy subjects a brother to fines, suspension, or expulsion as defined by the Bylaws and Administrative Policies and Procedures. A copy of this Statement is made part of this Agreement. D. Rules & Regulations. As a member of the Fraternity who may not be living, but may be spending time at the Chapter house, each member and guests are expected to abide by the Rules & Regulations which may be established by the Chapter, the Landlord, the Alumni Board, the National Fraternity and/or the University. E. No Health or Personal Property Insurance. It is further understood that as a member of Sigma Phi Epsilon, it is my responsibility to carry adequate health and personal property insurance. Medical payments for injuries and losses to personal property are NOT covered under the Fraternity's insurance program. E. No Agency. Under no circumstances will I be considered, or hold myself out, as an agent of Sigma Phi Epsilon Fraternity, nor will I represent to anyone that I am an agent for my chapter unless I am specifically authorized to do so as an officer of my chapter or at the direction of my chapter.

F. Academic Plan. As a member of the fraternity, each member is expected to maintain a good academic standing that meets the standards laid out in the academic plan. In addition, each member is subject to the repercussions also explained in the academic plan if they fail to meet these standards. I HAVE ACKNOWLEDGED THAT I HAVE READ AND FULLY UNDERSTAND THE ABOVE AGREEMENT AND ACCEPT THE TERMS.

Signature Signature of Parent or Guardian (If member is a minor)

Witness Signature

Printed Name, Rutgers ID (member)

____________________________________ Printed Name (witness)

Rutgers Address/Campus Home Address

SIGNED ON THIS THE ____________, 2013

DAY OF

___________________________________ Alumni Board President Signature Date

____________________________________ Chapter President Signature Date ____________________________________ Alumni Board President Address ____________________________________ Alumni Board President Phone Number