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"ARTICLES OF INCORPORATION"
Chapter 1: General Provisions
*Article 1 (Name) The name of this organization is WORLD SPEECH.
*Article 2 (Purpose) Under the value of participation and sharing, this organization supports cultural arts and performance
contents services to the Korean people and people around the world to promote the welfare of arts and culture, thereby contributing
to the promotion of culture and the arts and improving the quality of life of mankind.
*Article 3 (Business) In order to achieve the purpose of Article 2, this organization carries out the following projects.
1. Planning and production of performance contents for the promotion of culture and art
2. Social contribution through performances
3. Sharing of global culture and art information(WORLD SPEECH of people around the world)
4. WORLD SPEECH PORTAL SITE and Community Operation
5. Other business to carry out the purpose of this organization(WORLD SPEECH headquarters business spread to the world)
*Article 4 (Location of Office) The main office of this organization is located in Yeosu-si, Jeollanam-do, and branches may
be established in Korea or abroad if necessary.
Chapter 2 Members and Executives
*Article 5 (Qualification of Membership) The members of the organization are divided into regular members and support members.
A regular member is a person who agrees to the purpose of establishment and submits a prescribed application for membership.
A sponsor member does not require any special qualifications and is a person who has expressed his/her intention to support
*Article 6 (Rights and Obligations of Members)
Regular members have the right to participate in the operation of this organization through the general meeting. Obligation
to comply with the organization's articles of
incorporation, regulations, and resolutions of various meetings, and to pay dues.
Sponsoring members can view data on group operation and can propose their own opinions.
*Article 7 (Withdrawal and Expulsion of Members)
Regular members are free to withdraw from membership at their own will.
If a regular member falls under any of the follow ingreasons, he or she may be expelled through the resolution of the board
1. In case of damaging the reputation of the organization and impeding the performance of its purpose
2. A person who does not comply with the member's
obligations for more than one year
If you lose your membership due to withdrawal or expulsion, you cannot claim the right to already paid membership fees.
*Article 8 (Composition of Executives) This organization has the following officers.
There shall be at least 3 and not more than 10 directors (auditors), including one representative (chairman). (Auditors can
appoint up to two people if necessary)
*Article 9 (Election of Executives)
The representative (chairman), director, and auditor shall be elected at the general meeting in accordance with the method
of Article 17.
In the event of a vacancy during the term of office of an executive, the Board of Directors shall appoint him/her, and he/she
shall be elected through a resolution at the general meeting.
*Article 10 (Removal of Executives) An executive may be dismissed by a resolution of the general meeting when he/she commits
any of the following acts:
1. Acts that violate the purpose of this organization
2. Disputes between executives, accounting irregularities, or significant unfair acts
3. Interfering with the business of this organization
*Article 11 (Term of office of executives)
The term of office of an executive is three years and may be reappointed or reappointed.
The term of office of an officer appointed by the by-election shall be the remaining period of the predecessor.
*Article 12 (Duties of Executives)
The representative (chairman) represents this organization, controls the business, and serves as the chairperson of the general
meeting and the board of directors. In the absence
of the Chairman, he shall act on his behalf in the order determined by the Board of Directors in advance.
Directors deliberate and decide on major matters of this organization through the board of directors and handle matters delegated
by the board of directors or the president.
The auditor audits the general accounting and operation, and if there are any irregularities or injustices, he/she may request
the board of directors to make corrections and
may request the convening of the board of directors or general meeting for the report.
Chapter 3 Board of Directors and General Meeting
*Article 13 (Composition of the Board of Directors)
It is composed of the chairman and directors.
The auditor may attend and speak at the board of directors (or general meeting).
*Article 14 (Convocation of the Board of Directors)
The board of directors is divided into a regular board of directors and a temporary board of directors, and convened by the
Regular BOD meetings are held once a year, and temporary BOD meetings are convened when the president deems it necessary or
at the request of an auditor or a majority of directors.
When the chairman intends to convene a meeting, he/she must notify the directors and auditors of the purpose and agenda of
the meeting, date and place, etc. 7 days prior to the meeting. However, this may not be the case when there is a justifiable
reason that is recognized as urgent.
*Article 15 (Quorum for Decision Making) The Board of Directors shall open with the attendance of a majority of the enrolled
directors, and resolutions shall be made with the consent of a majority of the directors present. However, in case of a tie,
it is considered to be rejected.
*Article 16 (General Meeting)
The general meeting is the highest decision-making body and is composed of all members.
The regular general meeting is convened once a year within one month after the end of the fiscal year, and the extraordinary
general meeting is convened when there is a written request from the chairman or more than 1/3 of the auditors and registered
The chairman shall notify in writing 7 days prior to the meeting, specifying the agenda, date, and place of the general meeting.
*Article 17 (quorum for decision making)
The meeting is opened with the attendance of a majority of enrolled members, and decisions are made with the consent of a
majority of members present.
The voting right at the general meeting can be delegated in writing to other members attending. In this case, the power of
attorney must be submitted to the chairperson before the general meeting.
*Article 18 (Matters to be decided by the general meeting) The general meeting deliberates and decides on the following matters.
1. Election and dismissal of officers
2. Matters concerning the dissolution of the organization and changes to the articles of incorporation
3. Matters concerning the acquisition and disposal of basic assets and borrowing of funds;
4. Approval of budget and settlement of accounts
5. Approval of business plan
6. Other important points
*Article 19 (Meeting Minutes) The progress and results of the proceedings of the Board of Directors and the General Assembly
shall be recorded in minutes, and the chairperson and participating executives shall sign and seal.
Chapter 4 Honorary Officers
*Article 20 (Advisory)
If necessary, some advisors may be appointed as persons in favor of the purpose of the
Advisors are appointed by the resolution of the board of directors.
Chapter 5 Secretariat
*Article 21 (Composition and Appointment and Dismissal of Employees)
A secretariat may be established if necessary for the efficient execution of the business of this organization, and each department
of the necessary organization shall be determined by a resolution of the board of directors.
The appointment and dismissal of employees shall be determined by a separate personnel regulation by a resolution of the board
Chapter 6 Accounting and Finance
*Article 22 (Classification of Property) The property of this organization is divided into basic property and ordinary property.
1. The basic property shall be the property contributed as the basic property at the time of establishment of this organization
and the property for which the board of directors decides to be incorporated as the basic property.
2. Ordinary property shall be any other property.
*Article 23 (Revenues) The income of this organization consists of membership dues, proceeds from profit-making business,
subsidies from the government and local Governments, donations, and other income.
*Article 24 (Investment and Loan) For the purpose of this organization, it may receive an
investment or loan from an external organization by resolution of the general meeting.
*Article 25 (Fiscal Year and Reporting)
The fiscal year shall be the same as the fiscal year of the government.
The auditor prepares the previous year's business performance and balance sheet within
one month after the end of the fiscal year, and reports it to the general meeting after the resolution of the board of directors.
Chapter 7 Supplement
*Article 26 (Adjustment of Articles of Incorporation) Any amendment to the articles of incorporation of this organization
shall be decided at the general meeting with the consent of at least two-thirds of the enrolled members.
*Article 27 (Dissolution and Merger) In the case of dissolution or merger of this organization, a resolution shall be made
by unanimous consent of all incumbent members at the general meeting.
*Article 28 (Attribution of Residual Property) In case of dissolution of this organization, the remaining property will be
donated to other non-profit organizations or public interest funds.
*Article 29 (Operation Regulations) In addition to the provisions of this Articles of Incorporation, other matters necessary
for the operation of this organization shall be
determined by a resolution of the Board of Directors.
*Article 1 (Enforcement Date) This Article of Incorporation shall come into effect from July 7, 2019.
*Article 2 (Signature and Seal of Founder) To establish this association, this Article of Incorporation is drawn up and all
founders sign and seal as follows:
The term "worldspeech.com" or "us" or "we" refers to the owner of the website whose registered office is [Community/with Animal
Relief: Sanghadong-gil 194, Dolsan-eup, Yeosu-si, Jeollanam-do, Republic of Korea].
Our community registration number is [434-80-01510].
The term "you" refers to the user or viewer of our website.
information and use only, It is subject to change without notice.
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