The Core of the Network

The Core of the Network is the inner circle of highly trusted and dedicated people that have proven to believe in the potential and values of the Network and have invested time and energy into it's development.

Core members...

• support the development of the Network beyond their work on projects. Core members agree to take on tasks that are not immediately remunerated and may be assigned to them by other Core members upon mutual agreement (ticketing system).
• cooperate and support each other in their work in the Network, professional and personal development, and life.
• act in accordance and help to enforce the framework inside the Network. They promote the Network to the outside in the most positive way possible and are fully responsible for their actions.
• use the tools and processes agreed upon by the Core. This is important to allow for the transparency, reliability and efficiency needed to run the Network.
• are part of the factor system to take part in the profit created by commercial activities of the Network.

Although Core members are encouraged and expected to perceive an ownership of the Network, they are not Owners of the Network in a legal sense. They are thus not liable for losses of or other claims from the Responsible Innovation Network GmbH unless they result from negligence. They do not hold company equity and are not eligible to vote in the Shareholder General Assembly (Unternehmerversammlung).

Becoming part of the Core

Associates can advance Core members after a given time in agreement with the owners of the Network.

A Core member leaves the status of Associate for the most part, unless agreed otherwise. Core members can work and earn money like an Associate but beyond receive an individually determined share (percentage) of the quarterly profit before taxes generated by the business of the Responsible Innovation Network GmbH. Conditions and profit share are defined below.

To become a Core members, people have to... PROCESS t.b.d

Roles and decision making in the Core

coming

Profit sharing in the Core

Core members receive an individually determined Profit Share (percentage) of the quarterly profit before taxes generated by the business of the Responsible Innovation Network GmbH. The profit share is to be estimated and disbursed quarterly. The annual share is determined according to the year-end closing and previous disbursements are carried back. Total annual disbursements are subtracted from the company’s year-end closing before the profits for the Owners and other shareholders of the Network are determined.

The Profit Share is determined according to a factor system developed by phi360 in a simplified form:

• Work rate: How much of the total individual work energy (not time) is spent for the Network in a quarter? This rate is determined from 1-10 quarterly and individually. It is transparent in the Core and subject to potential veto by any Core member. The time frame for determining the rate is subject to change.
• Share: The percentage of the work done by a Core member in relation to the Work of all Core members