As Approved at the PVS Board of Directors Meeting - January 17, 2007

MODIFICATION TO PVS POLICY & PROCEDURES

As APPROVED BY THE PVS BOARD OF DIRECTORS

On JANUARY 17, 2007

Entry fees for PVS sanctioned meets are due to the meet’s host club before conclusion of the meet.  Any entry fees paid after conclusion of the meet should be made payable to PVS and mailed to PVS’s business address.  Any PVS meet entry fees not received within 30 days after conclusion of the meet will be assessed a $100 fine.  Additionally, interest will levied starting on the 31^st day after conclusion of the meet.  Interest will be charged at a rate of .027397 per day (10% per year). The delinquent club will not be allowed to enter any future PVS sanctioned meets until the outstanding entry fees, fine and interest are paid in full.

Splash fees for club-sponsored meets are due to PVS within 30 days after conclusion of the meet. Any Splash Fee not received within 30 days after conclusion of the meet will be assessed a $100 fine.  Additionally, interest will levied starting on the 31^st day after conclusion of the meet.  Interest will be charged at a rate of .027397 per day (10% per year). The delinquent club will not be allowed to enter any future PVS sanctioned meets until the outstanding splash fee, fine and interest are paid in full.