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organising agreements into own sub directory
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22 changes: 11 additions & 11 deletions SUMMARY.md
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* [Introduction](README.md)
* [Agreements](agreements.md)
* [Board Agreement](board_agreement.md)
* [Brand Agreement](brand_agreement.md)
* [Catalyst Agreement](catalyst_agreement.md)
* [Decisions Agreement](decisions_agreement.md)
* [Diversity Agreement](diversity_agreement.md)
* [Financial Agreement](financial_agreement.md)
* [People Agreement](people_agreement.md)
* [Stewardship Agreement](stewardship_agreement.md)
* [Venture Agreement](venture_agreement.md)
* [Board Agreement](agreements/board.md)
* [Brand Agreement](agreements/brand.md)
* [Catalyst Agreement](agreements/catalyst.md)
* [Decisions Agreement](agreements/decisions.md)
* [Diversity Agreement](agreements/diversity.md)
* [Financial Agreement](agreements/financial.md)
* [People Agreement](agreements/people.md)
* [Stewardship Agreement](agreements/stewardship.md)
* [Venture Agreement](agreements/venture.md)
* [Guides](guides.md)
* [Activation Programme](guides/activation-programme.md)
* [Blogging](guides/blogging.md)
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* [Money](money.md)
* [Collaborative Funding](collabfunding.md)
* [Variable Contributions](finances_variable_contributions.md)
* [Financial Agreement](financial_agreement.md)
* [Financial Agreement](agreements/financial.md)
* [Financial Transparency](financial_transparency.md)
* [Ventures](ventures.md)
* [Venture Agreement](venture_agreement.md)
* [Venture Agreement](agreements/venture.md)
* [Venture Introduction Template](venture_introduction_template.md)
* [Venture MOU](venture_mou.md)
* [Venture Profiles](venture_profiles.md)
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4 changes: 2 additions & 2 deletions agreements.md
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# Agreements

Agreements are documents which define important processes at Enspiral. They are the legislation which govern the rules of how we operate. The process for creating and changing Agreements is defined in our [Decisions Agreement](decisions_agreement.html).
Agreements are documents which define important processes at Enspiral. They are the legislation which govern the rules of how we operate. The process for creating and changing Agreements is defined in our [Decisions Agreement](/agreements/decisions.html).

{% include 'contributing_hint.md' %}
{% include 'contributing_hint.md' %}
14 changes: 7 additions & 7 deletions board_agreement.md → agreements/board.md
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### Context

This agreement sets out the roles and responsibilities of the Enspiral Foundation Board and the powers granted to the Directors of Enspiral Foundation Ltd. As a [registered limited liability company](https://www.business.govt.nz/companies/app/ui/pages/companies/3415611), Enspiral Foundation Ltd is legally required to have a board of directors and a chairperson.
This agreement sets out the roles and responsibilities of the Enspiral Foundation Board and the powers granted to the Directors of Enspiral Foundation Ltd. As a [registered limited liability company](https://www.business.govt.nz/companies/app/ui/pages/companies/3415611), Enspiral Foundation Ltd is legally required to have a board of directors and a chairperson.

Enspiral’s goal is to distribute vision, strategy, and leadership as widely as possible in the network, so our approach is a “minimum viable board” (MVB), with a narrow compliance focus.


### Roles & Responsibilities

* Ensure Enspiral Foundation Ltd is fully compliant with New Zealand laws and regulations, and its company constitution.
* Maintain an overview of current finances, long term financial view, and adequate reserves (as defined in the [Financial Agreement](financial_agreement.html)).
* Ensure Enspiral Foundation Ltd is fully compliant with New Zealand laws and regulations, and its company constitution.
* Maintain an overview of current finances, long term financial view, and adequate reserves (as defined in the [Financial Agreement](/agreements/financial.html)).
* Decide what kind of financial activity can go through the Foundation, and oversee activity in the Foundation’s accounts.
* Oversee all agreements between Enspiral Foundation Ltd and other entities (including Enspiral Ventures and external organisations), such as memorandums of understanding (MOUs - [see definition](http://whatis.techtarget.com/definition/memorandum-of-understanding-MOU-or-MoU)), service contracts, fundholding arrangements, etc.
* Make recommendations about substantive decisions involving Enspiral Foundation Ltd and its assets, consulting with the shareholders and wider network.
* Report quarterly on its activities to the shareholders and wider network.

###Selection & Composition

* Members (shareholders) and existing directors are expected to actively maintain a diverse board in keeping with the [Diversity Agreement](diversity_agreement.html).
* Members (shareholders) and existing directors are expected to actively maintain a diverse board in keeping with the [Diversity Agreement](/agreements/diversity.html).
* Enspiral currently has no quota or strict compositional requirements of the board as we do not want to limit the spectrum of diversity considered.
* Directors do not need to be Enspiral Members, and the perspectives of non-member directors should be welcomed.
* Directors do not need to be Enspiral Members, and the perspectives of non-member directors should be welcomed.

### Processes

Defined by the company Constitution:

* Directors not disqualified under the Companies Act can be appointed by the shareholders of Enspiral Foundation Ltd (Enspiral Members) with 75% support.
* Directors not disqualified under the Companies Act can be appointed by the shareholders of Enspiral Foundation Ltd (Enspiral Members) with 75% support.
* Directors can be removed by the shareholders of Enspiral Foundation Ltd (Enspiral Members) with 75% support.
* There will be a minimum of 3 and a maximum of 8 directors at any one time.
* The Directors must elect one of their number as chairperson of the Board.
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* The board of directors will meet at least quarterly.
* Directors serve a term of a minimum of 2 years and a maximum of 5 years.
* Decisions about appointing and removing directors will be made in the Enspiral Members Loomio group.
* Any Enspiral member may nominate a new Director.
* Any Enspiral member may nominate a new Director.
* All directors must become Enspiral Contributors, in order to have access and context on network activity.
* The Chair is selected by a 'paper, scissor, rock' process (best 2 out of 3), with the loser becoming the Chair of board for 12 months.

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2 changes: 1 addition & 1 deletion decisions_agreement.md → agreements/decisions.md
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Formal decisions with everyone are only intended to be used when they will have significant impact on the wider network. This Decision Agreement is the core agreement from which all others derive their mandate.

In order to enable efficient decision-making, provide clarity to participants, comply with laws, and protect the network, certain formal decisions are delegated to specific people, groups, or processes other than a consensus decision. This delegation is an Agreement and they are [documented in our Handbook](agreements.html). Decisions to change existing Agreements or create new ones are made by everyone in the network together.
In order to enable efficient decision-making, provide clarity to participants, comply with laws, and protect the network, certain formal decisions are delegated to specific people, groups, or processes other than a consensus decision. This delegation is an Agreement and they are [documented in our Handbook](/agreements.html). Decisions to change existing Agreements or create new ones are made by everyone in the network together.

### Decision Tool: Loomio

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22 changes: 10 additions & 12 deletions financial_agreement.md → agreements/financial.md
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Expand Up @@ -8,46 +8,46 @@ The Foundation’s funds come from the following sources.

**Venture Contributions**

[Enspiral ventures](ventures.html) make voluntary financial contributions, usually on a monthly basis. Half a Venture’s contribution goes toward fixed costs and reserves, and half is allocated to Discretionary Funds through Cobudget. Ventures can opt for their funds to be added to their Venture’s Cobudget account, to be split equally among nominated individuals, or the venture may specify exact allocation amounts, to fund projects of their choice.
[Enspiral ventures](/ventures.html) make voluntary financial contributions, usually on a monthly basis. Half a Venture’s contribution goes toward fixed costs and reserves, and half is allocated to Discretionary Funds through Cobudget. Ventures can opt for their funds to be added to their Venture’s Cobudget account, to be split equally among nominated individuals, or the venture may specify exact allocation amounts, to fund projects of their choice.

**Contributor Contributions**

Individuals in the network make a financial contribution to the Foundation at least annually, representing their choice to remain an Enspiral Contributor. The baseline amount is $100 to Enspiral Foundation for management and overhead around contributors, including ops contract (optional $90 for a google apps account). Contributions to cobudget are optional and at the contributor's discretion.

**Variable Contributions**
The real time Variable Contribution process allows people to contribute to Enspiral Foundation and participate in Enspiral's Collaborative Funding process.
It also allows existing Enspiral contributors to give more funds to Enspiral Foundation above and beyond the (suggested) $100 / year annual contribution. See more description on the [Variable Contributions page](finances_variable_contributions.md)
It also allows existing Enspiral contributors to give more funds to Enspiral Foundation above and beyond the (suggested) $100 / year annual contribution. See more description on the [Variable Contributions page](/finances_variable_contributions.md)

**Other Income**

The Foundation is a [charitable entity](constitution.html) not intended to bear commercial risk. However, from time to time other activities (such as serving as a fundholder for grants and projects) can result in income directly to the Foundation. Approval for such transactions is at the discretion of the Board. The Board and the people involved in bringing in the income agree how to distribute any resulting income between Normal Reserves and Discretionary Funds (via nominated users in Cobudget). These decisions and transactions are reported on the Financial Transparency page of the Handbook (as described below).
The Foundation is a [charitable entity](/constitution.html) not intended to bear commercial risk. However, from time to time other activities (such as serving as a fundholder for grants and projects) can result in income directly to the Foundation. Approval for such transactions is at the discretion of the Board. The Board and the people involved in bringing in the income agree how to distribute any resulting income between Normal Reserves and Discretionary Funds (via nominated users in Cobudget). These decisions and transactions are reported on the Financial Transparency page of the Handbook (as described below).

## Expenditure

Money flowing through or held by the Foundation falls under the following categories.

**Fixed Costs**

Regular monthly financial commitments for expenses such as essential professional services and tools used by the network. Anyone is welcome to propose changes to fixed costs (which are reported in the Enspiral Handbook, see below). Formal approval of such requests requires a [standard decision](decisions_agreement.html) from Enspiral Members.
Regular monthly financial commitments for expenses such as essential professional services and tools used by the network. Anyone is welcome to propose changes to fixed costs (which are reported in the Enspiral Handbook, see below). Formal approval of such requests requires a [standard decision](/agreements/decisions.html) from Enspiral Members.

The Board is required to regularly review fixed costs and the aim is to keep these expenses as lean as possible. The Board is permitted to adjust fixed costs by up to 10% within a 12-month period without seeking approval from the network.
The Board is required to regularly review fixed costs and the aim is to keep these expenses as lean as possible. The Board is permitted to adjust fixed costs by up to 10% within a 12-month period without seeking approval from the network.

**Discretionary Funds**

We use a [collaborative funding](collabfunding.html) process through Cobudget to manage our discretionary funds. People get money to spend in the collaborative funding process through making Contributor and Venture contributions, half of which is allocated to them in Cobudget to fund projects they would like to support (the other half goes to fund Fixed Costs and Reserves). As a collective, we all share the responsibility to decide where to spend our resources, what to focus on, and what financial risks to take in pursuit of achieving our mission.
We use a [collaborative funding](/collabfunding.html) process through Cobudget to manage our discretionary funds. People get money to spend in the collaborative funding process through making Contributor and Venture contributions, half of which is allocated to them in Cobudget to fund projects they would like to support (the other half goes to fund Fixed Costs and Reserves). As a collective, we all share the responsibility to decide where to spend our resources, what to focus on, and what financial risks to take in pursuit of achieving our mission.

**Emergency Fund**

These funds cannot be spent except by the approval of the Board, and should only be accessed in exceptional circumstances. The amount in the Emergency Fund is determined by the Board (guideline is 3 months of Fixed Costs). The Board can replenish or increase the Emergency Fund as a priority ahead of other budget categories. Any use of the emergency funds or adjustments of the amount of emergency funds must be announced to the network in a timely manner.

**Normal Reserves**

Any funds not explicitly in Discretionary Funds, the Emergency Fund, or committed to another specific project are considered Normal Reserves — the savings in the Foundation’s bank accounts. These are used to pay for replenishing the Emergency Fund, or for special initiatives and larger projects.
Any funds not explicitly in Discretionary Funds, the Emergency Fund, or committed to another specific project are considered Normal Reserves — the savings in the Foundation’s bank accounts. These are used to pay for replenishing the Emergency Fund, or for special initiatives and larger projects.

Anyone is welcome to propose to spend Normal Reserves for a specific purpose. Approval of such requests requires a standard decision from Enspiral Members. Normal Reserves offer an additional cushion for unexpected expenses, and enable different possibilities that come from a large number of people making collective decisions about larger amounts of money (as distinct from individuals making a series of decisions about smaller amounts of money, which is our approach for Discretionary Funds).
Anyone is welcome to propose to spend Normal Reserves for a specific purpose. Approval of such requests requires a standard decision from Enspiral Members. Normal Reserves offer an additional cushion for unexpected expenses, and enable different possibilities that come from a large number of people making collective decisions about larger amounts of money (as distinct from individuals making a series of decisions about smaller amounts of money, which is our approach for Discretionary Funds).

## Collaborative Funding
We make collective decisions about spending discretionary funds with a transparent and democratic processes called [collaborative funding](collabfunding.html) using software called Cobudget .
We make collective decisions about spending discretionary funds with a transparent and democratic processes called [collaborative funding](/collabfunding.html) using software called Cobudget.

* All Enspiral contributors are invited to use Cobudget, and are welcome to raise bucket ideas.
Those holding money in Cobudget decide what buckets they want to contribute funds to at their discretion.
Expand All @@ -59,7 +59,7 @@ Those holding money in Cobudget decide what buckets they want to contribute fund
* Bucket funders are expected to use their funds responsibly, stepping beyond self-interest to make decisions on the basis of what’s best for the network as a whole.

## Reporting
The Board is responsible for keeping up to date a [Financial Transparency](financial_transparency.html) section of the Enspiral Handbook, which covers:
The Board is responsible for keeping up to date a [Financial Transparency](/financial_transparency.html) section of the Enspiral Handbook, which covers:

* Overview of revenue (Contributions and Income)
* Emergency Fund (current level and any expenditures)
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* Overview of discretionary spending (Collaborative Funding)

Enspiral Foundation Ltd participates in quarterly venture reporting, which includes financial information.


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