Charter of Boao Forum for Asia
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Chapter Three Membership
Article 7 Categories of Membership
1. There shall be two categories of Memberships, namely Full Membership and Partial Membership.
Full Membership includes Initial Members, Honorary Members, Diamond Members and Platinum Members. Partial Membership includes Ordinary Members and Temporary Members.
2. Initial Members are former state/government leaders, prominent public figures,or non-profit organizations nominated by each of the 26 BFA Initial Countries within its allotted representation(two for each country).
3. Honorary Members are individuals,enterprises and organizations who have made substantial and outstanding contributions to the establishment of BFA. There shall be no more than ten Honorary Members.
4. Diamond and Platinum Members are individuals, corporations and organizations whose applications have been approved for participation in all BFA events including decision-making.
5. Ordinary Members are individuals, corporations and organizations whose applications have been approved for participation in BFA annual conferences and other events.
6. Temporary Members are individuals, corporations and organizations whose applications have been approved for participation in BFA annual conferences and other events on single event basis.
Article 8 Qualifications for Membership
All applicants for membership of BFA shall:
1. Manifest intent to join BFA;
2. Agree to abide by the BFA Charter and other BFA regulations;
3. Be a leader in respective industry or field; and
4. Be willing to perform the obligations of membership in BFA.
Article 9 Accession
All applications for membership in BFA shall be processed in accordance with procedures prescribed by BFA.
Article 10 Rights of Members
1. Each of the Full Members shall be entitled to the following rights:
A.
(1) To speak, to vote, to elect or be elected to the Board of Directors at the BFAGeneral Meeting of Members;
(2) To make recommendations on topics for the Annual Conference or any other BFA events;
(3) To participate in the BFA Annual Conference;
(4) To have unique access and interaction with government, business and academic leaders;
(5) To obtain access to information provided by BFA and use of the information services and database resources available through the BFA website;
(6) To seek business opportunities through the established network of BFA;
(7) To seek assistance from BFA for "enterprise diagnosis";
(8) Tocommission BFA to hold specific seminars or workshops on issues of concern;
(9) To commission BFA to conduct marketing and similar surveys and to provide legal consultation on its business expansion programs;
(10) To commission BFA to search for talents and to conduct training programs;
(11) To have priority in providing sponsorship or hosting various BFA events;
(12) To claim and announce "BFA Membership" in external communications and publicity;
(13) To be provided the auditing report done by an internationally recognized auditing firm;
(14) To enjoy preferential treatment in use of all facilities available at Bo'ao Aquapolis;and
(15) Such other rights as shall be determined by the Board of Directors.
B. However, appropriate level of service fee will be charged if the members enjoy the rights as listed from (7) to (10).
1. Each of the Ordinary Members shall be entitled to the following rights:
(1) Toparticipant in BFA Annual Conferences;
(2) To obtain access to information provided by BFA and use of the informationservices and database resources available through the BFA website;
(3) To seek business opportunities through the established networks of BFA;
(4) To have the priority of participating in various business events organized byBFA;
(5) To commission BFA to search for talents and to conduct training programs;
(6) To partially enjoy preferential treatment for utilization of all facilities available at Bo'ao Aquapolis; and
(7) Such other rights as shall be determined by the Board of Directors.
2. Each of the Temporary Members shall be entitled to the following rights:
(1)To participate the event according the relevant regulations of the said event
(2)Other rights as stipulated by relevant policies of the said event.
Article 11 Obligations of Members
Each member shall be obliged:
1. To comply with and carry out all resolutions adopted by BFA;
2. To abide by the Charter and Rules and Regulations of BFA;
3. To attend General Meetings of Members and other events or activities organized by BFA;
4. To protect the legitimate interests of BFA;
5. To pay membership fees pursuant to the regulations of BFA;
6. To provide true and reliable information to BFA; and
7. Such other obligations as shall be determined by the Board of Directors.
Article 12 Withdrawal of Membership
1. All members are entitled to withdraw their membership.
2. In the event that a member decides to withdraw from BFA, the member shall deliver written notice to the Secretary- General of BFA at least two months prior to the date of withdrawal. The associatedmembership shall be considered terminated upon receipt of written confirmation from the BFA Secretariat, informing the member of the acceptance of the member's withdrawal.
3. Membership withdrawal shall be conducted according to specific procedure as set forth from Boao Forum for Asia Rules and Regulations on Membership.
Article 13 Termination of Membership
Upon approval by the Board of Directors, the BFA secretariat shall reserve the right to terminate any individualmembership based on evidence of a member's involvement in lawbreaking activities, fiduciary neglect or other acts considered harmful or detrimental to BFA, its mission, or partners. The Secretariat also reserves the right to terminate membership for failure on the part of the member to communicate with BFA for a period of more than two years. However such Member shall be entitled to prior notice. The membership fees shall not be refunded.
