To take the concept of Partnerships to the next level, I am considering putting forth the following Agreement per Rule #1742 for any Agoran Player to become party to (as per section 19 of the agreement below).
This is not an attempt to put this agreement into effect, I am simply posting it to garner criticism and comments from the members of the list. I'm sure it needs some work to tune it. I also want to make sure that it complies with the law of Agora, and that there is at least some interest in creating such an entity. The concept of course would be for Primo Corporation to register as a player in the same way as the partnerships. Here is my draft of the agreement. My thanks to the Pineapple Partnership for providing wording for me to plagerize: Primo Corporation Corporate Charter 1. This is a binding Agreement governed by the Rules of Agora. Parties to this Agreement shall be known as Shareholders. 2. Shareholders shall act according to this Agreement. This however does not impair the ability of Shareholders to act as individuals on their own behalf. 3. Primo Corporation may incur obligations, rights, and privileges under the Rules of Agora. The Shareholders and Officers of Primo Corporation shall act on behalf of Primo Corporation as specified by this charter to satisfy such obligations and to exercise such rights and privileges. 4. The Shareholders and Officers of Primo Corporation shall work to ensure that Primo Corporation obeys the Rules of Agora to the maximum possible extent. 5. The Primo Corporation acts on behalf of its Shareholders. Each share of Primo Corporation stock entitles its Shareholder to one vote in any issue brought before the Shareholders. 6. At any time, a Shareholder of the Primo Corporation may bring an issue before the Shareholders. This issue may be one or more of the following: * A request for an Officer of Primo Corporation to act in a specified manner * A proposed change to the Primo Corporation charter * A proposed appointment of a new Officer and/or the removal of a current Officer 7. An issue is brought before the Shareholders by making an announcment to the Public Forum that clearly describes the issue and indicates that it is an issue for the Shareholders of Primo Corporation. 8. When an issue is brought before the Shareholders, each Shareholder has 48 hours (the Voting Period) to cast any votes allowed to them on that issue by making an announcement to the Public Forum. A vote may be either FOR, AGAINST, or ABSTAIN. 9. At the end of the Voting Period on an Issue, the Vice President of Stockholder Affairs (or the CEO should the Office be unoccupied) shall tally the votes on that Issue and publish those results to the Public Forum. 10. Primo Corporation shall appoint Officers to act for Primo Corporation on behalf of the Shareholders. Each Officer shall have the capacity to act on behalf of Primo Corporation within the confines of the duties assigned to that Office in the Primo Corporation charter. An Officer acts with the implicit consent of the Shareholders in whatever decisions they make on behalf of Primo Corporation, however the Shareholders may (by Issue) require an Officer to act in a specified manner in any given situation. 11. There shall exist an Office titled "Chief Executive Officer" (Synonym: CEO). The CEO is responsible to exersize the will of the Shareholders by voting on Agoran Decisions and by providing Support or Objection on behalf of the Corporation for matters of Agoran Consent. The CEO is also responsible to assume any duties of any vacant or non-responsive Primo Corporation Office. The CEO may assume those duties eirself, or appoint a new Officer to that Office to assume those duties. Initially, the CEO shall be BobTHJ. 12. There shall exist an Office titled "Vice President of Stockholder Affairs" (Synonym: VPSA). The VPSA is responsible for collecting and tallying the votes on any Stockholder Issue and providing a report to the Stockholders detailing the results of any Issue, as described in section 9 of this charter. 13. There shall exist an Office titled "Chief Financial Officer" (Synonym: CFO). The CFO is responsible for issuing a report to the Shareholders on a weekly basis indicating the current status of Primo Corporation. This report shall include a listing of all Shareholders and the number of Shares each holds, along with a description of any adjustments to those numbers within the past week. The CFO's Report shall also include a listing of the actions taken by Primo Corporation within the past week, and a summary of each of the Issues brought before the Shareholders within that time. 14. There shall exist an Office titled "Vice President of Human Resources" (Synonym: VPHR). The VPHR is responsible for hiring Employees to carry out the will of the Shareholders of Primo Corporation, as described in this charter. 15. Each week, each Officer of Primo Corporation shall be paid a salary, awarded in company stock. Initially, this salary shall be 5 Shares. 16. For any Agoran Decision, the VPHR may issue an Employment Notice by making an announcement to the Public Forum. The Employment Notice shall specify three things: * Job - The Agoran Decision in question * Goal - The position of the Primo Corporation (as determined by the VPHR) on that Decision (Either FOR or AGAINST) * Wage - A specified number of Shares to be awarded as compensation to a hired Employee for this job 17. Any Agoran Player who does not hold an Office in Primo Corporation may respond to an Employment Notice by announcement in the Public Forum with clear intention to become an Employee of Primo Corporation. By doing so, they become a party to this agreement (if they are not already) and are bound by it. They also become an Employee of Primo Corporation for the duration of that Agoran Decision. When the results of the Agoran Decision related to a paticular Employment Notice are announced, each Employee who voted in the same way on that decision as the Goal specified in the Employment Notice shall be compensated by receiving the number of Shares specified in the Wage portion of that Notice. 18. The VPHR may not issue an Employment Notice on an Agoran Decision that has less than three days remaining in its voting period. The VPHR may withdraw or modify an Employment Notice at any time by making an announcement to the Public Forum clearly stating as such. 19. Upon initiation of this Charter, the Primo Corporation shall make an Initial Public Offering of Shares to all Agoran Players. Any Agoran player who wishes may once and only once obtain 50 Shares in Primo Corporation by making an announcement to the Public Forum. This Initial Public Offering ends one week after the Charter is placed into effect.
