Today in the Industrial Committee of the out-of-home advertising the leading national operators and the leading advertising Agencies are presented.
Members of ICOA are ad groups and agencies: Group M, Publicis Groupe Ukraine, ADV Group Ukraine, Media Systems, Optimum Media Ukraine, Master Ad and operators of out-of-home advertising Big Board, Perekhid Outdoor, Prime Group, RTM-Ukraine, Lovers, Gallery.
THE PROCEDURE FOR THE ACCEPTANCE OF THE ASSOCIATION MEMBERS
1. The acceptance of the Association of new Founders and Members involves a preliminary acquaintance with The Charter of the Association, its recognition of and willingness to abide by and pay entry and membership fees.
2. Each person who wishes to become a Founder or a Member of the Association, shall submit to the Executive Director of the Association a written application to the General meeting signed by the Manager with the request of acceptance in the Association and the obligation to perform the duties of a Founder or a Member of the Association respectively. Notarized copies of constituent documents shall be enclosed to the application.
3. Legal person shall be considered accepted by the Founders in case of compliance with its requirements of paragraphs 5.1, 5.2 of the articles of Association, accession to the Agreement on the continuation of the activities of the Association, the acceptance by the General meeting decision on the admission of such person as a Member of the Founders in accordance with the requirements of paragraphs 5.4 - 5.6 of the bylaws and after carrying out the state registration of the corresponding amendments to the articles of Association.
4. The Decision of the General Assembly on the acceptance of the legal entity as a Founder of the Association shall be considered to have come into force, if they meet one of the following conditions:
- in case of acceptance the new Founder of the number of Operators all the Founders of the number of Operators reduce its shareholding proportionally by the size of share with which the new Founder will enter the Association, or otherwise agreed between the amount so that the total aggregate amount of shares of all Founders of the number of Operators did not exceed those specified in article 5 of the Agreement on the continuation of the activities of the Association;
- in case of acceptance the new Founder of a number of Agencies and Advertisers all the Founders of the number of Agencies and Advertisers reduce its share proportionally by the size of share with which the new Founder will enter the Association, or otherwise agreed between the amount so the total aggregate amount of shares of all Founders of the number of Agencies and Advertisers did not exceed those specified in article 5 of the Agreement on the continuation of the activities of the Association.
5. Legal person is accepted into membership of the Association in case of compliance with its requirements of paragraphs 5.1, 5.2 of the articles of Association and approval by the General meeting decision on the admission of such a person to the Members of the Association.
6. Acceptance of new Members into the Association may be refused if:
- a candidate violates the current legislation that may affect the activities of the Association;
- a candidate can not be a Founder or a Member of the Association pursuant to the provisions of its constituent documents, applicable law or motivated objections of the state authorities which are responsible for the control over observance of legislation on advertising;
- if bankruptcy case is initiated against a candidate;
- a candidate does not meet the requirements of the Charter of the Association;
- the requirements of paragraph 5.4 of the articles of Association has not met.
7. Decision on the acceptance of the new Members of the Association are approved by the General meeting by secret ballot.
THE ORDER OF EXCLUSION OR WITHDRAWAL OF MEMBERS FROM THE ASSOCIATION
1. Founder or a Member of the Association may be forcibly excluded from the Association by decision of the General meeting if there is one of the following grounds:
- failure (breach) by a Founder or a Member of the Association requirements of its Charter and/or Contract for continuation of the activities of the Association, internal documents of the Association, decisions of the General meeting and the current legislation;
- delay in payment of fees for three months or the nonperformance or improper performance by the Founder of other monetary obligations, the fulfillment of which will be decided at the General meeting Of the Association;
- liquidation, reorganization, insolvency of the Founder or a Member of the Association;
- founder or a Member of the Association by their actions inhibits the Association to perform its statutory activities, damaging the business reputation of the Association and blocks its normal operation.
2. Every Member of the Association has the right to voluntarily withdraw from the Association and shall pay the arrears (if it is) not later than for 20 (twenty) calendar days from the date of withdrawal. Voluntary withdrawal of a Participant is carried out by submitting to the Executive Director of the Association in the name of the General meeting a written statement signed by the Manager with a request about withdrawal from the Association not later than one month before withdrawal.
3. The name, legal form or any other details of the Party does not require re-acceptance and payment of re-payment. The Member shall inform the Association about these changes in writing within 10 (ten) days from the moment of state registration of amendments and/or changes of details.
4. The Member is notified about the exclusion in writing by the Executive Director of the Association within ten (10) days after adoption by the General meeting of the relevant decision.
5. The Member of the Association loses its status as a Founder or a Member of the Association and shall be exempt from payment of membership fees since the adoption by the General meeting decision on his exclusion from the Association.
