Membership Means Commitment
To qualify and retain membership in Pegasus, a member must:
- Be an active, operating officer, partner or Chief Executive Manager of a financially sound and reputable company. While the Group feels it is preferable for a member to have an equity interest in the company, the group reserves the right to make exceptions for a Chief Executive Manager who makes most of the operating decisions for the company and has the full responsibility for, and authority to manage, the operation on a day-to-day basis.
- Be of sufficient size in terms of volume, dollar sales and profit in relationship to other members to make comparisons valid and meaningful, generally commensurate with Group averages.
- Be located geographically so as not to compete directly with any other member.
- Be willing to attend all meetings, to furnish all data required for special studies agreed upon by the group and to contribute ideas, plans, etc., willingly and freely for the benefit of all Group members.
- Be vitally interested in improving his/her performance.
- Be acceptable to each and every member of the Group.
- Furnish company financial statements in compliance with the Group’s standards.
Membership Term
The membership term of any member is a personal membership, not a business membership, and is for an indefinite period.
Termination may occur on a voluntary or involuntary basis.