Rules of Contribution

Rules of Contribution according to § 4 number 3 of the Statutes of the Association

1. General Remarks

1.1 The General Meeting of KI Park Deutschland e.V. (the “Association”) adopted these Rules of Contribution on June 22, 2022 in accordance with § 4 number 3 of the Association’s Statutes. These Rules of Contribution are not part of the Statutes of Association. They regulate the contribution obligations of the members, and may only be changed by the general meeting. 

1.2 All members of the Association shall pay a regular membership fee. Ongoing membership fees are generally annual fees payable in advance. Founding members are exempt from ongoing membership fees. 

1.3 Natural or legal persons, commercial companies, authorities and foundations may become members of the Association. The prerequisite for membership is that the member’s activities correspond to the tasks and objectives of the Association. 

1.4 Legal entities and natural persons who engage in entrepreneurial planning and decision-making activities, including freelancers, are companies within the meaning of these membership dues regulations. Companies that have fewer than 50 employees are “start-ups” or “scale-ups” within the meaning of these Rules of Contribution. The determination of the present number of employees shall be governed by the provisions of Section 23 (1) KSchG. 

1.5 Companies whose purpose is, in particular, capital participation or also operational support services in other companies are “venture capital companies” within the meaning of these Rules of Contribution. 

1.6 Natural persons who financially participate in companies while also supporting them with expertise and contacts are “business angels” within the meaning of these Rules of Contribution. 

1.7 Natural individuals within the meaning of these Rules for Contributions are natural persons who are not entrepreneurially active. 

1.8 The association is politically, ethnically, and denominationally neutral. Wherever function designations are used in these Rules of Contribution, they apply to all genders. 

2. Ongoing Membership Fees

2.1 The ongoing regular membership fees are, for 

2.1.1 Organizations and companies whose services consist of equity capital with 

  • Asset under Management (AuM) < EUR 250 Mio.: EUR 10.000,00 
  • EUR 250m < AuM < EUR 500m: EUR 20,000.00 
  • EUR 500m < AuM < EUR 1bn: EUR 30,000.00 
  • AuM > EUR 1bn: EUR 50,000.00 

2.1.2 Business Angels: EUR 1,000.00 

2.1.3 Start-ups, scale-ups and companies with less than 50 employees, with 

  • 0 – 9 employees: EUR 250.00 
  • 10 – 24 employees: EUR 750.00 
  • 25 – 49 employees: EUR 2,500.00 
2.1.4 Companies, universities and non-university research institutions with 
  • Revenue < EUR 100m: EUR 10,000.00 
  • EUR 100m < Revenue < EUR 500m: EUR 25,000.00 
  • EUR 500m < Revenue < EUR 5bn: EUR 50,000.00 
  • Revenue > EUR 5bn: EUR 75,000.00 

2.1.5 Natural Persons: EUR 250.00 

2.1.6 Membership fees for non-profit and non-charitable associations, societies, foundations and professional bodies as well as public-law institutions and corporations shall be determined by the Board of Directors based on objective reasons and in accordance with the member’s ability to pay. 

2.2 Fees do not include applicable sales tax. 

2.3 If a member joins the Association during the year, the annual membership fee shall be calculated pro rata for the remainder of the year in accordance with section 3.1 above. 

2.4 The membership status in accordance with section 2.1 on the due date shall be decisive for the amount of the contribution. 

2.5 In individual cases, the Board of Directors may by resolution exempt a (new) member, including for a limited period of time, from the obligation to pay ongoing fees if there is an objective reason for doing so. In such cases, the Board of Directors may determine the payment of a one-time allowance in an appropriate amount. 

2.6 Im Fall einer Kündigung der Mitgliedschaft bleibt das Mitglied bis zum Zeitpunkt der Beendigung der Mitgliedschaft verpflichtet, seinen Mitgliedsbeitrag zu leisten. Eine Erstattung bereits geleisteter Mitgliedsbeiträge erfolgt nicht.

3. Foundation fee

Founding Members shall make a one-time contribution (“Founding Membership Fee”) in the amounts set forth in Annex 1. 

4. Maturity and Delay

4.1 Membership fees are due upon notification by the Board of Directors. 

4.2 In the event of an overdue notice, the Association is entitled to charge a reasonable reminder fee. 

5. Changes

5.1 In the interest of the association’s welfare, each applicant and each member is obligated to provide the office with truthful information about the data required for the proper collection of the membership fee. This includes, in particular, notifications regarding a change in status in accordance with section 3.1 of these membership fee regulations; such notifications can be made in text form. If such information or notifications are omitted, the Board of Directors shall be free, after notification by the administrative office, to classify the members in their highest contribution category. The burden of proof of notification shall rest with the member. 

5.2 Members who entrust the Association with the collection of membership fees shall bear all costs incurred through their own fault as a result of non-redemption by the bank drawn upon, or due to other non-feasibility of the collection. 

6. Effectiveness, Entry into force; Amendment of the Rules of Procedure

6.1 These Rules of Contribution were adopted by resolution of the General Meeting of June 22, 2022 and came into force with immediate effect. 

6.2 Any enactment, abolition, and amendment of the Rules of Contribution shall be made exclusively by resolution of the General Meeting of Members. 

6.3 Should any provisions of these Rules of Contribution be or become invalid, the remaining provisions of these Rules of Contribution shall remain unaffected.