Approved

                                                                                Chairman of ICC Ukraine

                                                                                Volodymyr Shchelkunov

                                                                               “18” January 2011

 

PROVISION ON THE AMOUNT AND PROCEDURE OF PAYMENT OF ANNUAL MEMBERSHIP CONTRIBUTION to ICC Ukraine

(Extracts)

1.1  This Provision is set up in conformity with the Constitution of ICC, relevant provisions of ICC Ukraine Articles of Association and its Charter, decisions of ICC Ukraine Executive Board and in compliance with the Constitution Ukraine.

1.2  Annual membership contribution to ICC Ukraine is an obligation of its member-companies.

1.3  ICC Ukraine, in conformity with the Constitution of ICC, has the right to determine the amount of annual contribution for its member-companies approved by ICC Ukraine assembly.

1.4  The amount of an annual contribution for the companies non-residents is established at 10000 (ten thousand) euro, wherein the company has the right to enjoy an extended package of services and tools for business offered by ICC Ukraine.

1.5  Annual membership contribution is made against an invoice established, signed and sealed by Secretary General and forwarded to the company. Once there is a proof from the bank of a bank transfer, ICC Ukraine Executive Board takes a relevant decision, issues its decision and a Certificate of membership, and ICC Ukraine Secretariat duly informs ICC of a new member-company by forwarding the ICC Form for Membership.

1.6  Annual membership contribution shall be calculated by a calendar year.

1.7  Should the company fails to pay its membership contribution for consecutive annual periods, ICC Ukraine Executive Board shall have the right to suspend or cease its membership unless there are some reasonable grounds and arguments presented in writing.