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Bill Densmore: /* CONCRETE IDEAS ABOUT THE CORPORATESTRUCTURE, OWNERSHIP AND GOVERNANCEOF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION */

2017-03-22T12:34:15Z

CONCRETE IDEAS ABOUT THE CORPORATESTRUCTURE, OWNERSHIP AND GOVERNANCEOF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION

← Older revision		Revision as of 12:34, 22 March 2017
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	[http://www.newshare.com/wiki/index.php/Andac ANDAC VISION] / [http://www.infotrust.org/ HOME PAGE]</B><BR>		[http://www.newshare.com/wiki/index.php/Andac ANDAC VISION] / [http://www.infotrust.org/ HOME PAGE]</B><BR>

	=~~CONCRETE~~ IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=		=CONCEPTUAL IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=
	''(working draft, Wed., April 7, 2010; updated Oct. 31, 2014, July 15, 2016 and March 22, 2017 – Bill Densmore)''		''(working draft, Wed., April 7, 2010; updated Oct. 31, 2014, July 15, 2016 and March 22, 2017 – Bill Densmore)''

Bill Densmore: /* CONCRETE IDEAS ABOUT THE CORPORATESTRUCTURE, OWNERSHIP AND GOVERNANCEOF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION */

2017-03-22T12:33:52Z

CONCRETE IDEAS ABOUT THE CORPORATESTRUCTURE, OWNERSHIP AND GOVERNANCEOF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION

← Older revision		Revision as of 12:33, 22 March 2017
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	=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=		=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=
	''(working draft, Wed., April 7, 2010/ updated ~~October~~ 31, 2014 ~~and~~ July 15, 2016 – Bill Densmore)''		''(working draft, Wed., April 7, 2010; updated Oct. 31, 2014, July 15, 2016 and March 22, 2017 – Bill Densmore)''

	<b>[http://www.newshare.com/wiki/index.php/Jta (back to MAIN PAGE)]</b><hr>		<b>[http://www.newshare.com/wiki/index.php/Jta (back to MAIN PAGE)]</b><hr>

Bill Densmore: /* Class A – Founding Members */

2017-03-22T12:33:05Z

Class A – Founding Members

← Older revision		Revision as of 12:33, 22 March 2017
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	====Class A – Founding Members====		====Class A – Founding Members====
	[[Image:Jta-board-comp.jpg\|600px\|thumb\|right\|[CLICK BOX TO RIGHT TO ENLARGE]]]		[[Image:Jta-board-comp.jpg\|600px\|thumb\|right\|[CLICK BOX TO RIGHT TO ENLARGE]]]
	The table at right sets fourth seven classes of membership, the maximum number of board seats allocated to each, and the initial and permanent terms of each seat. No change in classes, terms or number of seats allocated thereto shall be approved other than by a two-thirds vote of the entire membership cast by ballot or at an annual or special meeting called with at least 90 days mailed public notice. ([http://newshare.com/wiki/images/2/2a/Jta-board-comp.pdf DOWNLOAD PDF VERSION OF TABLE])		The CONCEPT table at right sets fourth seven classes of membership, the maximum number of board seats allocated to each, and the initial and permanent terms of each seat. No change in classes, terms or number of seats allocated thereto shall be approved other than by a two-thirds vote of the entire membership cast by ballot or at an annual or special meeting called with at least 90 days mailed public notice. ([http://newshare.com/wiki/images/2/2a/Jta-board-comp.pdf DOWNLOAD PDF VERSION OF TABLE])

Bill Densmore: /* Business Location */

2017-03-22T12:32:43Z

Business Location

← Older revision		Revision as of 12:32, 22 March 2017
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	===Business Location===		===Business Location===

	Until at least ~~2020~~, ITE shall have as its principal place of business any location in the United States of America.		Until at least 2021, ITE shall have as its principal place of business any location in the United States of America.

	==B. Membership==		==B. Membership==

Bill Densmore: /* A. Formation */

2017-03-22T12:32:27Z

A. Formation

← Older revision		Revision as of 12:32, 22 March 2017
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	==A. Formation==		==A. Formation==

	This document describes -- for conceptual purposes -- a proposed corporate form, ownership and governance of an Information Trust Exchange Governing Association (ITEGA).		This document describes -- for conceptual purposes -- a proposed corporate form, ownership and governance of an Information Trust Exchange Governing Association (ITEGA). It is a concept document; as of Jan. 30, 2017, ITEGA was formed as a California not-for-profit public benefit corporation and its initial Board of Directors will consider this and other forms.

	===Mission===		===Mission===

Bill Densmore: /* Business Location */

2017-03-22T12:29:56Z

Business Location

← Older revision		Revision as of 12:29, 22 March 2017
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	===Business Location===		===Business Location===

	Until at least 2020, ITE shall have as its principal place of business any location in the United States of America. At least until then, it’s principal place of business shall be Columbia, Mo., at the Donald W. Reynolds Journalism Institute, or a U.S. location otherwise approved by the Reynolds Journalism Institute.		Until at least 2020, ITE shall have as its principal place of business any location in the United States of America.

	==B. Membership==		==B. Membership==

Bill Densmore at 17:24, 15 July 2016

2016-07-15T17:24:06Z

← Older revision		Revision as of 17:24, 15 July 2016
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	=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=		=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=
	''(working draft, Wed., April 7, 2010/ updated October 31, 2014 – Bill Densmore)''		''(working draft, Wed., April 7, 2010/ updated October 31, 2014 and July 15, 2016 – Bill Densmore)''

	<b>[http://www.newshare.com/wiki/index.php/Jta (back to MAIN PAGE)]</b><hr>		<b>[http://www.newshare.com/wiki/index.php/Jta (back to MAIN PAGE)]</b><hr>

Bill Densmore at 17:23, 15 July 2016

2016-07-15T17:23:45Z

← Older revision		Revision as of 17:23, 15 July 2016
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	==A. Formation==		==A. Formation==

	This document describes ~~the~~ proposed corporate form, ownership and governance of an Information Trust Exchange Governing Association (ITEGA).		This document describes -- for conceptual purposes -- a proposed corporate form, ownership and governance of an Information Trust Exchange Governing Association (ITEGA).
	===Mission===		===Mission===

	The mission of ~~the ITE~~ is to (a) sustain and advance the values, principles and purposes of independent journalism in and for participatory democracies worldwide and to (b) own, manage, oversee, operate or license products and services related thereto.		The mission of ITEGA is to (a) sustain and advance the values, principles and purposes of independent journalism in and for participatory democracies worldwide and to (b) own, manage, oversee, operate or license products and services related thereto.

	===Dissolution===		===Dissolution===

	~~ITE~~ is ~~governed by~~ a non-stock association. It is owned by its membership, whose interests may not be divided or sold except pursuant to the bylaws and whose assets, upon dissolution shall be contributed to charitable or education institutions in furtherance of journalism in conformance with the laws of its state or incorporation.		ITEGA is a non-stock association. It is owned by its membership, whose interests may not be divided or sold except pursuant to the bylaws and whose assets, upon dissolution shall be contributed to charitable or education institutions in furtherance of journalism in conformance with the laws of its state or incorporation.

	===Business Location===		===Business Location===
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	===Establishing dues===		===Establishing dues===

	~~Until~~ Jan. 1, ~~2016~~, changes in dues and any changes in the privileges and benefits of membership shall be approved by a two-thirds vote of directors then voting at a duly called meeting.		Up until Jan. 1, 2017, changes in dues and any changes in the privileges and benefits of membership shall be approved by a two-thirds vote of directors then voting at a duly called meeting.

	After Dec. 31, ~~2015~~, changes in dues and any changes in the privileges and benefits of membership shall be approved by a two-thirds vote of members then voting at an annual or special meeting called with at least 90 days public notice by mail or otherwise.		After Dec. 31, 2016, changes in dues and any changes in the privileges and benefits of membership shall be approved by a two-thirds vote of members then voting at an annual or special meeting called with at least 90 days public notice by mail or otherwise.

	===Member classes===		===Member classes===

	No entity shall be admitted to or removed from any class of membership in the ~~ITE~~ other than by a two-thirds vote of Board of Directors voting at a duly called board meeting.		No entity shall be admitted to or removed from any class of membership in the ITEGA other than by a two-thirds vote of Board of Directors voting at a duly called board meeting.

	There shall be the following classes of membership:		There shall be the following classes of membership:
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	====International representation====		====International representation====

	After Dec.31, ~~2016~~, at least 25% of the then-sitting Board shall be non-U.S. citizens. After 2021, at least 45% of the then-sitting Board shall be non-U.S. citizens. Should the election by a class of membership of an otherwise-qualified representative to the board place the board outside of this mathematical requirement, the Board shall refuse to seat the representative and the membership of the class shall accept the Board’s judgment and nominate another representative.		After Dec.31, 2017, at least 25% of the then-sitting Board shall be non-U.S. citizens. After 2021, at least 45% of the then-sitting Board shall be non-U.S. citizens. Should the election by a class of membership of an otherwise-qualified representative to the board place the board outside of this mathematical requirement, the Board shall refuse to seat the representative and the membership of the class shall accept the Board’s judgment and nominate another representative.

	==D. Operations – the Operating Company==		==D. Operations – the Operating Company==

	At the discretion of its board, the Information Trust Exchange may cause to be formed, or shall acquire ownership in an Operating Company ("Operating Inc.") Operating Inc. might be a regular C-corp, or an L3C, with a mission similar to the mission of the Information Trust Exchange -- to sustain the values, principles and purposes of journalism in and for participatory democracies worldwide. Any goal of profit maximization shall be treated as subsidiary and subservient to this mission once initial capital necessary to build the service has been returned. Operating Inc. shall achieve this, among other means, by facilitating through ownership, operation or licensing an Internet shared-user network for individual-centric demographic management and exchange of information value.		At the discretion of its board, the Information Trust Exchange Governing Association may cause to be formed, or shall acquire ownership in an Operating Company ("Operating Inc.") Operating Inc. might be a regular C-corp, or an L3C, with a mission similar to the mission of the Information Trust Exchange -- to sustain the values, principles and purposes of journalism in and for participatory democracies worldwide. Any goal of profit maximization shall be treated as subsidiary and subservient to this mission once initial capital necessary to build the service has been returned. Operating Inc. shall achieve this, among other means, by facilitating through ownership, operation or licensing an Internet shared-user network for individual-centric demographic management and exchange of information value.

	===Operating Inc. ownership===		===Operating Inc. ownership===

Bill Densmore at 17:16, 15 July 2016

2016-07-15T17:16:29Z

← Older revision		Revision as of 17:16, 15 July 2016
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	[http://www.newshare.com/wiki/index.php/Andac ANDAC VISION] / [http://www.infotrust.org/ HOME PAGE]</B><BR>		[http://www.newshare.com/wiki/index.php/Andac ANDAC VISION] / [http://www.infotrust.org/ HOME PAGE]</B><BR>

	=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE=		=CONCRETE IDEAS ABOUT THE CORPORATE<BR>STRUCTURE, OWNERSHIP AND GOVERNANCE<BR>OF AN INFORMATION TRUST EXCHANGE GOVERNING ASSOCIATION=
	''(working draft, Wed., April 7, 2010/ updated October 31, 2014 – Bill Densmore)''		''(working draft, Wed., April 7, 2010/ updated October 31, 2014 – Bill Densmore)''

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	==A. Formation==		==A. Formation==

	This document describes the proposed corporate form, ownership and governance of an Information Trust Exchange (~~ITE~~).		This document describes the proposed corporate form, ownership and governance of an Information Trust Exchange Governing Association (ITEGA).
	===Mission===		===Mission===

Bill Densmore: /* A. Formation */

2014-10-31T21:03:44Z

A. Formation

← Older revision		Revision as of 21:03, 31 October 2014
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	==A. Formation==		==A. Formation==

	This document describes the A proposed corporate form, ownership and governance of an Information Trust Exchange (ITE).		This document describes the proposed corporate form, ownership and governance of an Information Trust Exchange (ITE).
	===Mission===		===Mission===