Bloodrose
12-16-07, 01:23 AM
The Company
Charter Revision 1.01
Description
The Company employs its members to undertake tasks that ultimately benefit the organization as a whole. Particular services, while not yet established, will allow the Company to generate revenue which will be distributed in the form of dividends to the shareholders.
Background
Company co-founder Teric Bloodrose originally worked a number of years as a company-sponsored mercenary. Established "Guild Houses" would employ career fighters and loan them out to third-party organizations. These third-parties would, in exchange for the services of these mercenaries, pay a pre-determined fee to the "Guild”.
After joining forces with fellow mercenary and professonal contractor Rayse Valentino on a series of jobs, Teric put forth to his new partner the idea of starting their own sort of "Guild."
Membership Structure
Company President:
Teric Bloodrose
Company Vice President:
Rayse Valentino
Chief Financial Officer:
The Company Treasury
Chief Security Officer:
Vacant
Board of Directors:
Director
Director
Director
Director
Shareholders:
Name/Organization - (# of shares held)
Members:
Name/Organization
Further organization of the Company membership - such as finding operatives to undertake missions for the organization - will be done at a later date.
Admission
Post your intention to join the Company here in this thread. In your post, please include the following:
1) Character Name
2) Whether you are joining as a Shareholder or as a regular Member.
3) Whether you or not you belong to another PG.
4) What type of share you wish to purchase.
5) How many shares you wish to purchase.
(Those joinging as Member’s should omit the last two items.)
Shareholders are automatically admitted into the Company, and are subject to the rules outlined below in the Purchasing Shares - Shareholder Rights section of this charter. Membership in the Company is not only limited to shareholders, however, as the organization also employs freelance contractors.
While freelance contractors do not have to pay any GP to join the Company, there are certain benefits to being a shareholder. Purchasing shares gives you votes to elect representatives to the Board of Directors, as well as entitles you to a dividend derived from the Company’s revenue profits.
Goals
Short Term: The short term goals of the organization are simply to get off the ground and get certain services up and running.
Priority: Establish a shareholder and member base, as well as elect officials and populate the Board of Directors.
Priority: Begin generating a revenue stream.
Long Term: What long term goals founder Teric Bloodrose has for this organization are only known to him, and it is generally speculated that his primary concern at this moment in time is simply to see the organization get out of the starting gate.
Services
General Contracting:
NPC’s, PC’s, and even other PG’s may hire Company operatives to perform any task. Cost and Company resources required for any particular job will be decided in advance between Preseident Teric Bloodrose (or a pre-decided representative of the Company) and a representative of the third party seeking the Company’s aid.
Other services will be listed as they become available.
Location
The Company currently has no centralized base of operations.
Startup Capital
President Teric Bloodrose commits 100 GP to the Startup Capital Fund.
Shares may be purchased by both PC’s and other PG’s. That’s right, membership in The Company is not only limited to Player Characters, as other organizations are encouraged to take an interest. PC Shares and PG Shares differ in price and rights. All shares entitle the holder to a percentage of the Company’s profits.
PC Shares: These shares are available to Player Characters ONLY, and may be purchased individually or in bulk. Each share costs 100GP and guarantees* the holder 1 VOTE at general shareholder meetings. There is no cap on how many shares any one character may purchase.
*Player Characters who are members of other PG’s may purchase PC Shares, but are barred from voting at general shareholder meetings. This is to avoid any conflicts of interest, but in no way affects the shareholder’s right to collect dividends on their shares.
PG Shares: These shares are available to Powergroups, and may only be purchased individually. Each share costs 500GP and guarantees the holder 3 VOTES at the general shareholder meetings, as well as secures the PG purchasing the share a discount on Company services. Powergroups may only purchase 1 share.
NOTE: PG’s purchasing a stake in the Company should specify a member of their organization that may be contacted. This person will serve as the representative for the PG in all dealings with the Company.
Company President : This position is currently held by Company co-founder Teric Bloodrose. He is tasked with managing the day-to-day operations of the organization, and is responsible for formulating a visionary direction for the organization to take. The President can only be replaced when the acting President steps down or retires.
The President holds (1) IDM* votes.
The President holds VETO power over IDM and General Shareholder votes.
Company Vice President : This position is currently held by Company co-founder Rayse Valentino. He is tasked with aiding in the day-to-day operations of the organizations, as well as fill in for the role of President should the current President become unable to perform his duties. The Vice President can only be replaced when the acting VP steps down, retires, or is dismissed by the President.
The Vice President hold (1) IDM* votes.
The President holds VETO power over IDM and General Shareholder votes.
Chief Financial Officer : This position is held by the Company Treasury, and the Treasury is responsible for monitoring the funds available to the organization. This position cannot be held by a PC.
The CFO holds no IDM* votes.
Chief Security Officer : This position is appointed by the President. The Chief Security Officer is tasked with safeguarding the organization's assets by any means at the organizations disposal.
The CSO holds (1) IDM* votes.
Board of Directors : The Board of Directors is elected by the shareholders to represent their interests. The Board will initially be elected at the first general shareholder meeting, and subsequent elections will be held on a case-by-case basis to fill vacancies. If the shareholders decide at any time that they are dissatisfied with the performance of a particular Director, then they may call a referendum vote to remove or replace one particular Director, or the entire Board.
Each Director holds (1) IDM* vote.
IDM, or “Important Decision Making” votes, are held by Company officers and members of the Board of Directors. While it is encouraged that issues within the company be put to a shareholder vote whenever feasibly possible, an IDM vote can be called by the President whenever an issue requiring immediate attention arises.
The power to veto the result of a vote is held by both the President and Vice President of the Company. Should the acting President or Vice President find just cause to set aside the results of a vote, they may issue a veto.
The President or Vice President may not veto the result of shareholder votes resulting in the election of a Director.
Charter Revision 1.01
Description
The Company employs its members to undertake tasks that ultimately benefit the organization as a whole. Particular services, while not yet established, will allow the Company to generate revenue which will be distributed in the form of dividends to the shareholders.
Background
Company co-founder Teric Bloodrose originally worked a number of years as a company-sponsored mercenary. Established "Guild Houses" would employ career fighters and loan them out to third-party organizations. These third-parties would, in exchange for the services of these mercenaries, pay a pre-determined fee to the "Guild”.
After joining forces with fellow mercenary and professonal contractor Rayse Valentino on a series of jobs, Teric put forth to his new partner the idea of starting their own sort of "Guild."
Membership Structure
Company President:
Teric Bloodrose
Company Vice President:
Rayse Valentino
Chief Financial Officer:
The Company Treasury
Chief Security Officer:
Vacant
Board of Directors:
Director
Director
Director
Director
Shareholders:
Name/Organization - (# of shares held)
Members:
Name/Organization
Further organization of the Company membership - such as finding operatives to undertake missions for the organization - will be done at a later date.
Admission
Post your intention to join the Company here in this thread. In your post, please include the following:
1) Character Name
2) Whether you are joining as a Shareholder or as a regular Member.
3) Whether you or not you belong to another PG.
4) What type of share you wish to purchase.
5) How many shares you wish to purchase.
(Those joinging as Member’s should omit the last two items.)
Shareholders are automatically admitted into the Company, and are subject to the rules outlined below in the Purchasing Shares - Shareholder Rights section of this charter. Membership in the Company is not only limited to shareholders, however, as the organization also employs freelance contractors.
While freelance contractors do not have to pay any GP to join the Company, there are certain benefits to being a shareholder. Purchasing shares gives you votes to elect representatives to the Board of Directors, as well as entitles you to a dividend derived from the Company’s revenue profits.
Goals
Short Term: The short term goals of the organization are simply to get off the ground and get certain services up and running.
Priority: Establish a shareholder and member base, as well as elect officials and populate the Board of Directors.
Priority: Begin generating a revenue stream.
Long Term: What long term goals founder Teric Bloodrose has for this organization are only known to him, and it is generally speculated that his primary concern at this moment in time is simply to see the organization get out of the starting gate.
Services
General Contracting:
NPC’s, PC’s, and even other PG’s may hire Company operatives to perform any task. Cost and Company resources required for any particular job will be decided in advance between Preseident Teric Bloodrose (or a pre-decided representative of the Company) and a representative of the third party seeking the Company’s aid.
Other services will be listed as they become available.
Location
The Company currently has no centralized base of operations.
Startup Capital
President Teric Bloodrose commits 100 GP to the Startup Capital Fund.
Shares may be purchased by both PC’s and other PG’s. That’s right, membership in The Company is not only limited to Player Characters, as other organizations are encouraged to take an interest. PC Shares and PG Shares differ in price and rights. All shares entitle the holder to a percentage of the Company’s profits.
PC Shares: These shares are available to Player Characters ONLY, and may be purchased individually or in bulk. Each share costs 100GP and guarantees* the holder 1 VOTE at general shareholder meetings. There is no cap on how many shares any one character may purchase.
*Player Characters who are members of other PG’s may purchase PC Shares, but are barred from voting at general shareholder meetings. This is to avoid any conflicts of interest, but in no way affects the shareholder’s right to collect dividends on their shares.
PG Shares: These shares are available to Powergroups, and may only be purchased individually. Each share costs 500GP and guarantees the holder 3 VOTES at the general shareholder meetings, as well as secures the PG purchasing the share a discount on Company services. Powergroups may only purchase 1 share.
NOTE: PG’s purchasing a stake in the Company should specify a member of their organization that may be contacted. This person will serve as the representative for the PG in all dealings with the Company.
Company President : This position is currently held by Company co-founder Teric Bloodrose. He is tasked with managing the day-to-day operations of the organization, and is responsible for formulating a visionary direction for the organization to take. The President can only be replaced when the acting President steps down or retires.
The President holds (1) IDM* votes.
The President holds VETO power over IDM and General Shareholder votes.
Company Vice President : This position is currently held by Company co-founder Rayse Valentino. He is tasked with aiding in the day-to-day operations of the organizations, as well as fill in for the role of President should the current President become unable to perform his duties. The Vice President can only be replaced when the acting VP steps down, retires, or is dismissed by the President.
The Vice President hold (1) IDM* votes.
The President holds VETO power over IDM and General Shareholder votes.
Chief Financial Officer : This position is held by the Company Treasury, and the Treasury is responsible for monitoring the funds available to the organization. This position cannot be held by a PC.
The CFO holds no IDM* votes.
Chief Security Officer : This position is appointed by the President. The Chief Security Officer is tasked with safeguarding the organization's assets by any means at the organizations disposal.
The CSO holds (1) IDM* votes.
Board of Directors : The Board of Directors is elected by the shareholders to represent their interests. The Board will initially be elected at the first general shareholder meeting, and subsequent elections will be held on a case-by-case basis to fill vacancies. If the shareholders decide at any time that they are dissatisfied with the performance of a particular Director, then they may call a referendum vote to remove or replace one particular Director, or the entire Board.
Each Director holds (1) IDM* vote.
IDM, or “Important Decision Making” votes, are held by Company officers and members of the Board of Directors. While it is encouraged that issues within the company be put to a shareholder vote whenever feasibly possible, an IDM vote can be called by the President whenever an issue requiring immediate attention arises.
The power to veto the result of a vote is held by both the President and Vice President of the Company. Should the acting President or Vice President find just cause to set aside the results of a vote, they may issue a veto.
The President or Vice President may not veto the result of shareholder votes resulting in the election of a Director.