Article 1.1 The Name of Corporation.
The Corporation Name hereafter shall be deemed as World Wide Logistics Solution Network
Article 1.2 Objectives of Corporation
To promote, establish and develop business interest between International Freight Forwarders.
To encourage the maintenance of professionalism within the members and our corporation.
To maintain standard of Integrity and efficiency that will protect our members and our corporation.
To provide a fair and reasonable equitable administration of services provided to members.
Article 2.1 Registered Office
The registered office of the corporation shall be deemed Germany and shall be as designated from time to time by the appropriate filing by the corporation in the office of the Secretary in Germany.
Article 2.2 Other Offices
The corporation may also have offices at such other places, both within and outside Germany, as the Board of Directors may from time to time determine or as the business of the corporation may require.
Article 3.1 Meeting of Board of Directors
Article 3.2.1 Place of Meetings
All meetings of the Board of Directors shall be held at such place, either within or without Germany, as shall be designated by the Board of Directors and stated in the notice of the meeting or in a duly executed waiver of notice thereof. The Board of Directors may, in its sole discretion, determine that a meeting shall not be held at any place, but may instead be held solely by means of remote communication in accordance with the Corporation Law of Germany.
Article 3.2.2 Annual Meeting
An annual meeting shall be held on such date and at such time as designated by the Board of Directors.
Article 3.2.3 Notice of Annual Meeting
Written notice of the annual meeting stating the place (if any), date and time of the meeting and the means of remote communication (if any) by which Board of Directors may be deemed to be present in person and vote at such meeting shall be given not less than two nor more than sixty days before the date of the meeting.
Article 3.2.4 Special Meetings
The Board of Directors may call for a Special meeting to be held at the Annual WLSN Conference.
Article 4.1 Board of Directors
For the purposes of the corporation, Board of Directors shall consist of a Chairman, President, and the Secretary.
Article 5.1 Membership
The Corporation may grant Membership to any Registered Individual, Entity or Company subject to approval by the Board of Directors or its appointed nominees.
Article 5.2 Membership Classes
The Corporation shall grant one class of Membership being Ordinary Membership with No Voting Rights.
Article 6.1 Memberships, Suspension, Cancellation, and Termination
The corporation may Suspend, Cancel, Terminate any Member
a. If the members Annual Fee has not been paid.
b. If a member is absent for 2 Consecutive years from the annual WLSN Conferences.
c. If the conduct of any member is deemed to be improper or prejudicial to the corporation or its members or is in violation of the corporation Code of Conduct.
d. It has been determined by an appropriate Government Agency that the member has violated a Federal Law.
e. At any other time at the discretion of the Board of Directors.
Article 7.1 Payment of Annual Fees, Dues
Annual Fees and Dues shall be payable as prescribed by the corporation.
8.1 Duties and Officers
The President shall preside at all meeting of the Corporation and Board shall perform the duties and exercise the authority pertaining to this office.
During the Presidents absence such duties shall fall upon the Chairman and in his absence upon the Secretary.
These By Laws may be amended or revised at any regular or special meetings of the corporation.