0. Organization of the Association
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The English name of the association is Silicon Valley Chinese Overseas Business Association (SCOBA)
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The Chinese name is Gui Gu Liu Mei Bo Shi Qi Yue Jia Xie Hui (in English equal to Silicon Valley US-resident Doctorial Entrepreneurs Association)
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SCOBA is a nonprofit, nonpolitical organization to be registered in California.
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Its members are overseas Chinese scholars in or from the Silicon Valley.
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Association is founded by founders who initiated the organization and have played important roles in activities during the pre-SCOBA formation period.
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The official web site of SCOBA is http://www.scoba.org
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1. Board of Directors
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For the year 2000, the transitional board consists of the 5 founders.
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From 2001 on, the board will be re-elected according to the election rules.
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The Association election rules will be determined by an election committee appointed by the board.
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Board members can be re-elected.
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Each director pays $200 membership fee annually.
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For the year 2000, a transitional board consists of 5 founders.
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Board meetings: once a month or quarter.
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On reasonable grounds, the board can disqualify members by majority vote.
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On reasonable grounds, the Board can impeach an officer by majority vote.
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The 5 founders of the association are:
Dr. Jin Huang, Dr. Yanhui Ma, Dr. Zezhong Peng, Dr. Yue Wu, Dr. Dongping Zhu
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2. Officers:
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The board appoints all officers for a term of 2 years, except for the year 2000.
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The following officer positions are established for the association in 2000:
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Chairman – organizes meetings of the board.
President - manages all association businesses, reports to the board.
VP (secretary) - manages daily operations and keeps all records.
VP (treasurer) – manages the finance and tax affairs.
VP (other areas)
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The Board can add additional positions.
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3. Functions and rules of the board
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The board makes final decision on all association matters
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The board is elected by all association members every two years (except for the year 2000), and reelection of board members is allowed.
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The majority rule applies in all board voting and decisions.
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The board has the right to accept or remove officers and members.
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The board has the right to change bylaws when needed.
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Motions - When a board member proposes a motion and it is second by one or more board members, it must be voted by all the board.
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Resolution – when a motion is accepted by the board, it becomes a resolution of the board and must be carried out by the board and the association.
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Most votes are conducted by email. If a board member does not respond to a vote after it is posted for 7 days, he or she is considered to have cast an abstain vote.
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4. Members
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A member must be an active entrepreneur and an officer of a US business
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Members must be recommended by two or more existing members and accepted by the board
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All members are reviewed annually by the board for continued membership
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Members can impeach a board member by a 2/3 majority vote.
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All members must accept and abide by the rules of SOCBA
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Members pay $100 annual membership fee, and failure in doing so will disqualify membership.
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All members must honor the reputation and protect the interest of SOCBA
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Official use of the SOCBA name in public by members must be pre-approved by the board.
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Corporate members are accepted and the membership fee is $500 per year.
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5. Mission
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Promote business entrepreneurshipship among overseas Chinese scholars.
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Promote the exchange with China in business, science, trade, and technologies.
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6. General Operation Rules
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The society can accept donation from individuals and corporations.
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7. Election rules
To be decided by the election committee appointed by the board.
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