Chapter IV: The General Board

WHO

Article 9: From Every Region of the World

1. The General Board shall consist of the Founders; the President; the Honorary President; the Chief Executive Officer; the Secretary-General; the General Directors of every region of the world; every Ambassador of the International Board of Entreps after having registered and kept in the network of the organization a certain number of members (any added member counts twice if he or she is of a different nationality from the Ambassador’s); the President and the Prime Minister of every government; every investor having reached certain goals by the International Board of Entreps; every entrep having been designated as “successful” by the International Board of Entreps or the President, and the sponsors and Boosters who have made donations, directly or indirectly, over a certain amount of funds.

2. Each member of the General Board shall not have more than one representative and, just in case, an every-time expressly invited guest previously authorized by the International Board or the President.

FOR

Article 10: Recommendations

The General Board may reunite in attendance or remotely, globally or just partly (in accordance to certain principles of efficiency), and may discuss any questions or any matters within the scope of the present Magna Carta or relating to the powers and functions of any directors and committees provided for in the present Magna Carta (with the exception of the Circular Board), and, except as provided in Article 12, may make recommendations about entrepment, business and related matters to governments, to certain companies or investors, to entreps and to the inhabitants or agents of specific regions of the world. The General Board may make recommendations to the rest of the members of the International Board of Entreps as well.

Article 11: Discussions

1. The General Board may consider the general principles of linking together entreping environments, either regionally, or sector by sector, or just depending on the size of any given venture, and to that end: to take effective individual and collective measures for the prevention and removal of threats to innovation, and for the suppression of acts of limitation or other breaches to the freedom of starting up sustainable ventures, and to bring about by reasonable means, and in conformity with the principles of national and international laws, adjustment or settlement of international disparities or situations which might lead to generate obstacles to business development, including the principles of developing friendly relations and new ventures among small, medium and large companies and governments, based on respect for the principle of equal rights and self-determination of every single initiative, and to take other appropriate measures to strengthen universal trading.

2. The General Board may discuss any questions related to the achievement of international co-operation for giving youth, especially from early ages and for the rest of their lives, the proper mechanism of thinking and acting maturely through decision-making and doing things in more effective and efficient ways, with the desirable and rightful respect to our planet, without distinction as to nationality, race, sex, language, opinion, or religion, brought before it by any member of the General Board, by the Circular Board, or by the President of any other certain Board. Any such question on which a report or action itself is necessary shall be referred to the Circular Board by the General Board before and after discussion. The General Board may also discuss and implement any initiatives presented to it, as it is a center for harmonizing the actions of companies and governments in the attainment of the mentioned common ends.

3. The General Board may call the attention of the Circular Board to situations which are likely to endanger or, on the contrary, measures that shall be encouraged about either regional or international entrepment.

4. The powers of the General Board set forth in this Article shall not limit the general scope of Article 10.

Article 12: Coordination

1. While the Circular Board is exercising in respect to any action or situation the functions assigned to it in the present Magna Carta, the General Board shall not make any recommendation with regard to that action or situation unless the Circular Board so requests.

2. During each session, the Secretary-General, with the consent of the Circular Board and the President, can notify the General Board of any relevant matters relative to the global encouragement of entrepment in the world, the active recommendations or measures to be regionally taken or already taken, and the key points on business which are being dealt with by the Circular Board.

Article 13: Studies

1. The General Board shall encourage studies and make recommendations for the purpose of: linking together entreping environments, either regionally, or sector by sector, or depending on the size of any given venture, and to that end: to take effective individual and collective measures for the prevention and removal of threats to innovation, and for the suppression of acts of limitation or other breaches of freedom of starting up sustainable ventures, and to bring about, by reasonable means and in conformity with the principles of national and international laws, adjustment or settlement of international disparities or situations which might lead to generating obstacles to business development, including the principles of developing friendly relations and new ventures among small, medium and large companies and governments, based on respect for the principle of equal rights and self-determination of every single initiative, and to take other appropriate measures to strengthen universal trading, without distinction as to nationality, race, sex, language, opinion, or religion.

2. The further responsibilities, functions and powers of the General Board with respect to matters mentioned in paragraph 1 above will be set forth in the future.

Article 14: Measures

Subject to the provisions of Article 12, the General Board may recommend measures for a more profitable and sustainable attainment of any business plan (either private or public), regardless of its origin or size, which it deems likely to improve the general development, welfare or business relations among regions of the world and theirs citizens, including situations resulting from individuals or organizations no members of the International Board of Entreps.

Article 15: Reports

1. The General Board can receive and consider annual and special reports from the Circular Board; when delivered, these reports shall include an account of the recommendations and measures that the Circular Board has decided upon or taken to encourage either regional or international entrepment.

2. The General Board can receive and consider reports from the other directors and committees of the International Board of Entreps.

Article 16: International Law

The General Board shall perform such functions with respect to the international laws which are assigned to it under good faith.

Article 17: Budget

1. Any members of the General Board can be asked for and requested to give voluntary advice about the budget of the Organization.

2. The expenses of the Organization shall be borne by the members as apportioned by the General Board, if the Circular Board does not perform it previously.

3. The General Board, if the Circular Board does not perform it previously, shall examine the administrative budgets of such specialized agencies of the International Board of Entreps with a vision to making recommendations to the agencies concerned.

VOTING

Article 18: One Vote

1. Each member of the General Board shall have one vote.

2. Decisions of the General Board on important questions shall be made by a two-thirds majority of the members present and voting. These questions shall include: recommendations with respect to international measures to be taken by national or international governments, the common actions to be taken at a given moment by every member of the International Board of Entreps, the admission of new members if they were previously expelled, the suspension of the rights and privileges of membership and the expulsion of members.

3. Decisions on other questions, including budgetary affairs and operational matters, shall be made by a majority of the members present and voting.

Article 19: No Vote

A member of the International Board of Entreps who is in arrears in the payment of his or her financial contributions to the Organization shall have no vote in the General Board if the amount of his or her arrears equals or exceeds the amount of the contributions due from the preceding year. The General Board may, nevertheless, permit such a member to vote if it is satisfied that the failure to pay is due to conditions beyond the control of the member.

MEETINGS

Article 20: Sessions

The General Board can meet in regular annual sessions and in such special sessions as occasion may require. Special sessions shall be convoked by the Secretary-General at the request of the Circular Board or the President.

Article 21: President

The General Board shall adopt its own rules of procedure and its permanent President shall be one of the Founders of the International Board of Entreps, or the person expressly appointed by the aforementioned one.

Article 22: Performance

The General Board may establish such subsidiary directors and committees as it deems necessary for the performance of its functions