Statutes of AIESEC Alumni International

Name

Article 1.1. An international association is set up on a continuing basis called “AIESEC ALUMNI INTERNATIONAL”, hereafter referred to as the “Association”. 

Article 1.2. The Association is an international association free of any profit-making aims. It is governed by Swiss Law, and specifically by: 

(ii) the present Statutes 

(iii) the Standing Orders. 

Registered Office

Article 2.1. The registered office of the association will be located in the Kanton of Zug, Switzerland. The precise street and number address can be defined by the Executive Board and notified to members and other third parties as deemed necessary. 

Article 2.2. It may be moved to any other location in Switzerland by decision of the Executive Board, subject to confirmation by Congress, which decision shall be published in the official means of communication of the association.

Article 2.3 The Executive Board may also dislocate operational functions within or outside the Kanton of Zug, or Switzerland or outsource them. 

Purpose

Article 3.1. The Association’s principal object is to contribute to international understanding and to assist its members for the purposes of their personal development. The Association links its members together over and beyond considerations of culture, race, sex, nationality, religion, economic system and sector, hierarchy or generation. 

Article 3.2. The Association is international, non-political, independent and does not pursue profit-making goals. 

Article 3.3. The Association’s philosophy is based on the same principles as the AIESEC’s (Association Internationale des Étudiants en Sciences Économiques et Commerciales), but it has inherent objectives separate from those of the AIESEC. 

Article 3.4. Because the Association is founded on non-mercantile relations, its activities are based on having trust and personal understanding. This will serve to attain the objectives of the Association and of each individual member. 

Article 3.5. To this end, the members of the Association commit to creating opportunities for continual, close, cordial relations amongst the members; to helping other members in developing their professional aptitudes and expanding their cultural horizons, and to maintaining cooperative relations with AIESEC. 

Membership

4.1.1. Types of membership 

• Individual members 

• Members ex officio 

• Current AAI Board members 

• Current Heads of Regional AIESEC Alumni Organizations 

• Organizations 

• Regional AIESEC Alumni Organizations 

• National AIESEC Alumni Organizations 

4.1.2. Those eligible for membership are former active members of AIESEC. 

4.1.3. Membership of the Association is obtained by: 

– submission of an application form to the Association – payment of the annual membership fee to the Association, which membership fee shall be paid upon joining the Association and thereafter annually at the beginning of each calendar year. An individual eligible for membership of the Association who is in compliance with the above stated requirements is hereafter referred to as a “Member”. – An Organization with which AAI has signed partnership agreement that is in full force is hereafter referred to as a “Member” as long as conditions as defined in the partnership agreement are met.

Article 4.2. Rights. 

4.2.1. Members are entitled to receive full information concerning the Association, to participate in all its events and activities, to propose and implement activities within the framework of the purpose and philosophy of the Association. 

4.2.2. Attendance at General Assembly and Voting Rights 

• All Members have the right to attend General Assembly. 

• Each Member ex officio has one vote. 

• Each Organization has one vote. National AIESEC Alumni organizations (NAA) have one additional vote per hundred individual international members of their country at the day of 

congress. If an NAA’s membership is lower than a hundred, it has one vote. 

Article 4.3. Resignation, exclusion and suspension

4.3.1. A Member may resign from the Association at any time by notifying the Executive Board in writing.

4.3.2. A Member who acts contrary to the Statutes, who refuses to conform to decisions of the Executive Board acting within the limits of its mandate, or to decisions of the Congress, or whose conduct is considered detrimental to the interests of the Association may be excluded from the Association by a simple majority decision of the Executive Board. A substantiated decision by the Board to exclude a Member must be submitted to Congress for ratification, but suspension may be effective pending such confirmation. The Member concerned has the right to appeal against this decision at Congress. 

4.3.3. No refund of the annual membership fee will be made to Members who resign or who are excluded.

Congress

Article 5.1. All Members are convened to the Congress. 

Article 5.2. Congress shall physically convene at least once a year. The President of the Executive Board shall publish the convocations on the AAI website and/or on the Member’s group page on social media or send out the convocation by email at least one month before Congress together with the agenda thereof. 

Article 5.3. An extraordinary Congress may be called for by one third of the Members or by one hundred (100) Members, but in no case by fewer than 15% of the Members. The convocation to such extraordinary Congress shall be published on the AAI website and/or the Member’s group page on social media or sent by email to all Members 

by the President of the Executive Board at least one month before the Congress together with the agenda thereof. 

Article 5.4. The Congress shall: 

5.4.1. elect the Executive Board members among the members nominated by the nomination committee. 

5.4.2. elect the auditors. 

5.4.3. determine the annual membership fee. 

5.4.4. approve the audited financial statements of the previous year and the budget of the following year. 

5.4.5. approve the report of the Executive Board. 

Article 5.5. Congress has full authority for the fulfillment of the purposes of the Association, including assigning responsibility for projects and activities of the Association, modifying the Statutes and dissolving the Association. It may revoke Members of the Executive Board. 

Article 5.6. The quorum is composed of Members votes being present during the Congress Decisions are taken by a simple majority of the votes present or represented at the Congress. 

Article 5.7. The business of the Congress shall be conducted in accordance with the Standing Orders annexed to these Statutes. Electronic vote and vote by correspondence shall be allowed, within the framework of applicable legal provisions. 

Article 5.8. The minutes of the meetings of the Congress will be distributed amongst the Members by an (electronic) newsletter as well as by publication on the AAI website. Furthermore the minutes are kept in a register held at the registered office of the Association. 

The Executive Board

Article 6.1. The Association is administered and represented by an Executive Board, which shall be composed of four to twelve duly elected members. The Executive Board shall propose and Congress shall decide in the congress preceding the election procedure the actual number of Executive Board members to be elected in any election cycle. For election to the Executive Board, AAI membership is required of each candidate. These Members shall represent at least three nationalities, none of which may form a simple majority of the Executive Board. The President of AIESEC International and the duly elected and qualified presidents of Regional Alumni Associations with which AAI has signed partnership agreements that are in full force shall be invited to serve as ex-officio and non-voting members of the Executive Board. Members of the Executive Board shall receive no compensation from AAI. 

Article 6.2. In case of a permanent vacancy occurring, the Executive Board may co-opt another Member to fill the vacancy. 

Article 6.3. The term of the mandate of a member of the Executive Board is three years. A member shall serve no more than six consecutive years on the Executive Board. A member could be elected for the full term of three years or for a partial term of one or two years to ‘round up’ the equal number of members in each year’s class. One-third of the members shall be elected each year at the first Congress of that year. The Member shall take office with effect immediately following his or her election. Outgoing Members of the Executive Board are eligible for re-election within their term limit of six consecutive years. 

Article 6.4. The Members of the Executive Board shall agree among themselves on the attribution of the functions assigned to the Executive Board by the Congress. They shall agree among themselves the person to serve as President of the Association, another one to serve as Vice-President, and yet another one to serve as Secretary/Treasurer. The other members of the Executive Board will serve in other positions. 

Article 6.5. The meetings of the Executive Board can be held physically, by electronic means (e.g. video- or telephone conference) or 

by written resolutions. The Executive Board shall meet at least twice a year, when convened by the President or when called for by at least fifty percent of its Members. 

Article 6.6. The task of the Executive Board shall be: 

6.6.1. To coordinate the activities of the Association and to design and implement activities jointly with the Members to safeguard the interests of the Association, to promote its growth and to secure its future within the framework of Article 3. 

6.6.2. To represent the Association and to attend to all its administrative matters, and the legal and fiscal obligations required by the Swiss legislation as well as that of the Kanton of Zug. 

6.6.3. To be responsible for the management of all assets, rights and commitments of the Association. Among the rights of the Association are the intellectual property rights linked to the intangible assets of the Association, such as symbols, trade marks, commercial names, domain names, the contents of instruments such as data bases, software, designs, models, photos, all of which can be protected by copyright without the need for formal process or public announcement. The Executive Board shall be allowed to appoint management staff, determine their conditions of employment, and oversee their work. Such management staff may include an Executive Director. 

6.6.4. To prepare the organization and the agenda of the next Congress. 

6.6.5. To call on any other Member, or third party, to assist it as it may deem necessary. 

6.6.6. The Executive Board shall establish a Nominations Committee and appoint its members. The Nominations Committee shall determine the procedure for nomination to the function of Executive Board member of the Association and shall publish this procedure on the Association’s website. 

Article 6.7. A quorum of the Executive Board consists of the majority of its Members. The decisions of the Executive Board are taken by simple majority. 

Article 6.8. All acts binding the Association shall be signed by two Members of the Executive Board, one of which shall be the President or his/her appointee, (or a Member of the Executive Board appointed by the President for this task), who shall not be required to prove to a third party that they have the right to do so. Individual Board Members can be held responsible only for implementing the mandate they have received. 

Budgets and Accounts

Article 7.1. The fiscal year shall run from 1 January to 31 December. 

Article 7.2. The Executive Board is responsible for the finances of the Association and it shall appoint a Finance Officer of the Association who shall maintain the accounts of the Association and prepare periodic financial statements for submission to the Executive Board, including the annual statements to be submitted by 31 March each year. 

Article 7.3. The auditing of the accounts shall be undertaken by two auditors elected at Congress. The mandate of the auditors shall run for two fiscal years, commencing on 1 January the year following their respective election. The auditors are eligible for re-election. 

Article 7.4. The Executive Board shall prepare an annual budget and shall submit it to Congress for approval.

Amendments to the Statutes

Article 8.1. All proposals to amend the Statutes or to dissolve the Association must be proposed by the Executive Board or by any Members of the Association. 

Article 8.2. The Executive Board must inform all Members of the Association of any proposal to amend the Statutes or to dissolve the Association at least one month before the Congress, which shall legislate on the issue. 

Article 8.3. No decision to amend the Statutes or to dissolve the Association will be valid unless voted by a two-thirds majority of the Members votes present or represented at the Congress. 

Article 8.4. Amendments to the purpose of the Association as defined in article 3 of the Statutes will become valid only upon approval by two thirds of the votes of the association. Any amendments to the Statutes will only become opposable towards third parties once the necessary publication formalities have been fulfilled. 

Article 8.5. The Congress will determine the modalities of dissolving and liquidating the Association. At the moment of the liquidation of the Association and once all debts have been paid and all liabilities have been fulfilled, the remaining assets of the Association will be allocated by the liquidator in accordance with the decision of the Congress in this respect. In accordance to the Law, the remaining assets will be allocated to an altruistic purpose.

General Provisions

Article 9. Any other matters not foreseen in these Statutes, will be handled in accordance with the Swiss Civil code and its provisions for nonprofit associations.