Peace Project Membership Agreement

Introduction

The Peace Project is built around the principle that people who support and participate in building successful community projects should have the opportunity to share in their success.

Membership is intended to provide participation in the Peace Project community and its initiatives.

It is not intended to give wealthier members greater control or greater membership rights.

1. Equal membership

All standard Peace Project membership contribution levels provide the same core membership.

A member contributing £99 per month is not considered more important than a member contributing £5 per month.

Contribution level does not by itself provide additional voting power, preferential treatment or a larger member distribution.

2. Member contributions

Members choose one of the available contribution levels.

The initial joining contribution and subsequent monthly membership payments are collected through Direct Debit.

Direct Debit payments are not instantaneous and may take several working days to process.

Membership access may depend upon confirmation of the relevant payment in accordance with the Peace Project's membership and payment rules.

The selected joining contribution pays for the initial membership period. The same amount then recurs monthly until cancelled according to the applicable membership terms. The first recurring collection is scheduled no earlier than one calendar month after the initial charge date, subject to bank processing dates.

3. Shared success

The Peace Project believes that when eligible projects succeed, members should have the opportunity to share in that success.

Members share equally in the defined proportion of distributable profits that is allocated to an eligible member distribution pool.

The amount a member contributes does not determine the size of their individual share of that pool.

Subject to the applicable governing rules, equally eligible members receive equal shares of a member distribution.

4. Distributable profits

Not every pound earned by a Peace Project venture can or should be distributed.

Before determining an amount available for member distribution, money may need to be used or retained for matters including:

• operating costs
• taxes and legal obligations
• staff and contractors
• equipment
• reserves
• liabilities
• project development
• reinvestment
• future projects
• community initiatives

Only the defined proportion of distributable profits allocated to the member distribution pool is divided among eligible members.

6. Transparency

The Peace Project aims to provide members with meaningful information about the operation of its projects.

Our aim is to show members:

What came in. What was spent. What was reinvested. What was reserved. What was shared.

Financial transparency is intended to be a central part of the project.

7. Member verification

Peace Project membership represents a real person rather than an anonymous online account.

Email and telephone verification help protect the integrity of the community, reduce fraudulent or duplicate memberships and support fair participation.

Verified members receive a permanent Peace Project membership identity.

8. Governing rules

Membership, voting rights, project participation, eligibility for distributions and distributions themselves remain subject to:

• the Peace Project governing rules
• applicable membership terms
• the legal structure of the relevant organisation/project
• applicable UK law
• any project-specific eligibility rules