- Published: Tuesday, 26 March 2013 01:07
- Hits: 11162
Page 10 of 10
Sponsorship and other issues
The members of the Steering Committee may approach to Government and/or private organisations or individuals to obtain cash or in-kind sponsorship to sustain activities of PRICAI.
Seed Grant: The Steering Committee shall provide a revolving seed grant to the PRICAI'XX organisers to assist in establishment of the conference; it is an expectation that the seed money will be returned to the PRICAI with a top-up if the conference generates a surplus, or a deficit if the conference in deficit. The general chair of the PRICAI'XX and the Secretary-Treasurer of PRICAI shall negotiate terms and conditions of this seed grant.
Non-Profit Clause: The assets and income of the PRICAI shall be applied solely in furtherance of its objectives as mentioned in this document, and no portion shall be distributed directly or indirectly to the members of the Steering Committee except as bona fide compensation for services rendered or expenses incurred on behalf of the PRICAI.
Winding-up Clause: In the event of the PRICAI dissolved, the amount which remains after such dissolution and the satisfaction of all debts and liabilities shall transferred to any organisation which has similar objectives and exempt from income tax.
Amalgamation Clause: Where it furthers the objectives of the PRICAI to amalgamate with any one or more other organisations having similar objectives, the other organisation(s) must have rules prohibiting the distribution of its (their) assets and income to members, and must be exempt from income tax.
Amendments: Amendments to this Charter for the Pacific Rim International Conference on Artificial Intelligence require approval by two thirds of the members of the Steering Committee.
- << Prev