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Agreement for Rotaract Club Formation

This agreement forms an Association of Persons called the Rotaract Club of Pune Vibrant Elite between Parth Patil, Sanika Deshpande, and Shoiba Shaikh. The purpose of the club is to develop personality and provide community service. It will conduct activities like development sessions, community service projects, and cultural events. The club is chartered by Rotary International and sponsored by the Rotary Club of Pune Vibrant Elite. Parth, Sanika, and Shoiba will manage operations and represent the club.

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Parth Patil
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75 views2 pages

Agreement for Rotaract Club Formation

This agreement forms an Association of Persons called the Rotaract Club of Pune Vibrant Elite between Parth Patil, Sanika Deshpande, and Shoiba Shaikh. The purpose of the club is to develop personality and provide community service. It will conduct activities like development sessions, community service projects, and cultural events. The club is chartered by Rotary International and sponsored by the Rotary Club of Pune Vibrant Elite. Parth, Sanika, and Shoiba will manage operations and represent the club.

Uploaded by

Parth Patil
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

AGREEMENT OF ASSOCIATION OF PERSONS

This Agreement of association of persons executed on date 02/11/2023 by and between:

1) [Link] Patil – President


2) [Link] Deshpande – Secretary
3) [Link] Shaikh – Treasurer

Whereas the above named parties have decided to from an ASSOCIATION OF PERSONS (AOP)
w.e.f. date 02/11/2023 in the name as “ROTARACT CLUB OF PUNE VIBRANT ELITE ”
The main motive of this organization is personality development of the youth and community
service
Whereas it necessary to reduce into writing into terms and conditions for the above AOP known
as ROTARACT CLUB OF PUNE VIBRANT ELITE
We the parties aforesaid do hereby of our freewill and desire consent and agree to and conform
as under
1. That the above named parties have decided to form an AOP known as ROTARACT CLUB OF
PUNE VIBRANT ELITE to provide an opportunity for young men and women to enhance the
Knowledge and skills that will assist them in personal development to address the physical
and social needs of their communities and to promote better relations between all people
worldwide through a framework of friendship and service, cultural activities and allied other
activities as mutually decided , under the name of AOP with its principal place of business
shall be at: Address: Wagholi.
2. That the AOP shall run, organize , and conduct activities namely personality development
sessions , community services , cultural activities and allied other activities. The business
activities may be extended to other activities with the mutual consent of all the parties of all
the parties the name of AOP i.e. ROTARACT CLUB OF PUNE VIBRANT ELITE.

3. That the formation of AOP under the name ROTARACT CLUB OF PUNE VIBRANT ELITE is
chartered by the governing organization ROTARY INTERNATIONAL

4. That the sponsor of AOP will be ROTARY CLUB OF PUNE VIBRANT ELITE.

5. That the financial year of the AOP shall be from 1st July to 30th June every year. The
financial year is aligned to the main Rotary group

6. That the duration of the AOP shall be at will

7. That a bank account shall be opened in any nationalized bank in the name of AOP i.e.
ROTARACT CLUB OF PUNE VIBRANT ELITE and the same shall be operated jointly and/or
severally by any two or by all the parties as decided mutually among them. Till the time of
opening the account the treasurer will operate all transactions through his personal bank
account as decided mutually among all members

8. That president, secretary and treasurer have a right to create construction and bylaws of the
AOP.

9. That president, secretary and treasurer have a right to look after day to day work and all the
activities as mutually decided.

10. That president, secretary and treasurer have an authority to look after and manage the
business of AOP fruitfully in the interest of AOP and do such activities namely signing
documents to enter into any business contracts and so other activities which are required
for smooth running of the AOP with the greatest of the business activities carried over by
the said AOP i.e.

11. That president, secretary and treasurer have an authority to amend any clause of this
agreement as mutually decided for smooth running of the AOP. The amended agreement
will supersede all previous agreements made by AOP.

12. That treasurer and president/secretary shall sign any agreement, document etc. as and
when required on behalf of the AOP i.e. ROTARACT CLUB OF PUNE VIBRANT ELITE

13. That the AOP shall have regular meeting and maintain proceedings in detail in the separate
minutes book.
In witness where of we the parties have signed this Agreement of Association of Person –
“ROTARACT CLUB OF PUNE VIBRANT ELITE ’’ on 2nd November 2023 at Pune in the
presence of the following witnesses.

ROTARACT CLUB OF PUNE VIBRANT ELITE.

1) [Link] Patil – President

2) Rtr. Sanika Deshpande – Secretary

3) Rtr. Shoiba Shaikh – Treasurer

WITNESS

1) 2)

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The agreement ensures smooth operation and governance by granting the president, secretary, and treasurer the right to manage day-to-day work and activities mutually decided upon, as well as the authority to manage the business fruitfully. Moreover, they can sign documents to enter into business contracts required for smooth running. Meetings are regularly held, and details are maintained in a minutes book .

Aligning the financial year of the Rotaract Club of Pune Vibrant Elite with that of the Rotary group (from 1st July to 30th June) ensures consistency and synchronization in financial reporting and planning. This alignment may facilitate coordination and compliance with broader financial strategies and expectations set by Rotary International, enabling coherent resource management and strategic planning .

The Rotary Club of Pune Vibrant Elite acts as the sponsor of the Rotaract Club of Pune Vibrant Elite, which is chartered by the governing organization Rotary International .

The structure of the Rotaract Club of Pune Vibrant Elite, which facilitates organization of personality development sessions, community services, and cultural activities, provides a comprehensive environment for personal growth. Engagement in these activities enhances communication, leadership, problem-solving skills, and global awareness, aligning with the club's objectives to foster personal development .

The executive team of the Rotaract Club of Pune Vibrant Elite, consisting of the president, secretary, and treasurer, has the authority to amend any clause of the agreement as mutually decided. Any amended agreement will supersede all previous agreements made by the AOP .

The business activities of the Rotaract Club of Pune Vibrant Elite can be extended to other activities with the mutual consent of all parties involved. This mutual decision-making process reflects a collaborative approach among the members to ensure consensus before business expansions .

The agreement allows the president, secretary, and treasurer to handle contractual agreements and documentation on behalf of the Rotaract Club of Pune Vibrant Elite. They have the authority to sign any necessary documents and agreements for the AOP, ensuring that business activities and legal matters are executed properly .

The structure outlined in the agreement supports the club's mission to promote better international relations by emphasizing a framework of friendship and service alongside cultural activities. By fostering inclusiveness and understanding through these activities, the club can build networks that transcend national boundaries, nurture respect and awareness, and embody the Rotary principle of 'Service Above Self,' which contributes to international harmony .

The primary objectives of the Rotaract Club of Pune Vibrant Elite include providing opportunities for young men and women to enhance their knowledge and skills for personal development, addressing the physical and social needs of their communities, and promoting better international relations through a framework of friendship and service, cultural activities, and mutually decided allied activities .

The financial operations of the Rotaract Club of Pune Vibrant Elite are to be managed through a bank account opened in any nationalized bank in the name of the AOP. This account will be operated jointly or severally by any two or all the parties as mutually decided among them. Until the account is opened, the treasurer will manage all transactions through their personal bank account as decided mutually among the members .

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