changes in the articles of incorporation. summary (1/2) types of business there were changes to make...

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Changes in the Articles of Incorporation

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Page 1: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Changes in the Articles of Incorporation

Page 2: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Summary (1/2)

Types of BusinessThere were changes to make the statements clearer and more comprehensive.

FeesRegistration and annual fees were reduced to 3,000 yen. 50% discount is applied for the registration of a family member. The annual fee on the first year of joining is waived.

Page 3: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Summary 2/2

Membership fees of honorary membersHonorary members are not required to pay membership and annual fees, but they may opt to. Supporters and friends are included in the honorary members.

Business YearThe business year is changed to January 1 to December 31 of the year. (from July 26 of the current year until July 25 of the following year.)

Page 4: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 5: Types of business

Old:(2) To collaborate with Japanese universities and institutes for the promotion, scholarly exchange and study of the songs, dances, stories and poetry of Leyte and Samar;

Revised:(2) To collaborate with Japanese universities and institutions for the promotion, scholarly exchange and study of the songs, dances, stories and poetry of Leyte and Samar.

Page 5: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 5: Types of business

Old:(3) To publish an annual journal that will serve as a literary discourse on of the cultural heritage of Leyte and Samar;

Revised:(3) To publish a journal that will showcase the cultural heritage of Leyte and Samar, and the activities of LSJ;

Page 6: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 5: Types of business

• Added in the revised constitution:(6) To collaborate with institutions and business entities in order to augment funds for the organization, and help promote the products and services of Leyte and Samar.

Page 7: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 6: Category and types of membership

Old:(2) Honorary member – any individual residing in Japan who is not eligible as Regular member;

Revised:(3) Honorary member Any individual residing in Japan who is not eligible as a Regular member but is willing to support the mission and objectives of LSJ.

Page 8: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 6: Category and types of membership

Added:• 3.2 An Honorary member shall not be

obligated to pay the Registration and Membership Annual Fee

Page 9: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 7: AdmissionOld:(3) An application form shall be filled in and submitted to the Membership Committee. Registration and payment of the membership fee shall constitute and admission to LSJ membership.

Revised:(3) An application form shall be filled in and submitted to the Membership Committee. Registration and payment of the Registration Fee with respect to Regular and Corporate members shall constitute the admission to LSJ’s membership.Honorary members shall file and submit the application form as part of the Admission Procedure.

Page 10: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 8: Registration and Membership Annual Fees

Added:A special 50% discount from the regular registration fee shall be given to immediate family members. Annual membership fee remains the same.

Page 11: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 9: Disqualification of membership

Old:

If the LSJ member(s) fall under one of the following cases, he/she will lose membership qualification:

(1) Failure to renew the membership upon expiry

Revised:If an LSJ member falls under any of the following cases, he/she will lose his/her membership: (1) Failure to renew the membership i.e., failure to pay the annual fee, upon expiry

Page 12: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Article 43: Business year

Old:The business year of this Incorporation starts on the 26th of July every year and ends on the 25th of July of the following year.

Revised:The business year of this Incorporation starts on the 1st of January every year and ends on the 31th of December of the year.

Page 13: Changes in the Articles of Incorporation. Summary (1/2) Types of Business There were changes to make the statements clearer and more comprehensive. Fees

Supplementary provisions

(5) The Membership fees at the time of the foundation of LSJ shall be as follows in spite of the provisions of Article 8: 5.1 LSJ registration• Regular membership: ¥3,000• Honorary membership: free• Corporate membership: ¥3,000 5.2 Annual membership• Regular membership: ¥3,000• Honorary membership: free• Corporate membership: ¥10,000 (The annual fee for the first year of membership is waived, so that only the registration fee is paid for the first year.)