Constitution of the AAAC

(i) to initiate projects that will help financially needy young men and women in the Philippines through scholarships in the Ateneo schools;

(ii) to promote and develop camaraderie and fellowship among its members;

(iii) to provide assistance to other charitable causes; and

(iv) to develop a good relationship with other organizations and multi‑cultural groups.

The objectives of the Association shall be carried out without purpose of gain for its members and any profits or other accretions to the Association shall be used for promoting its purpose.

The Ateneo Alumni Association Canada and its Board of Directors shall be governed by this Constitution and by a set of procedures (by‑laws) drafted and approved by its members.

BY LAWS

1. Address

The principal address of the Association shall be

183 Ellendale Drive

Scarborough,Ontario

M1P 1P3

and/or any such place as the members may from time to time determine.

2. Seal

The seal, an impression of which is stamped in the margin herewith, shall be the corporate seal of the Association.

3. Membership

A permanent or temporary resident of Canada who is a graduate or has studied at least one (1) full semester in any of the Ateneo schools in the Philippines and his/her spouse, who are of good moral character, have the right to be recognized as members of the Association.

An honorary membership may be granted by the majority of the Association's members present in a general meeting to any non-resident Atenean who is willing to abide by its Constitution and By-laws.

4. Board of Directors

The affairs of the Association shall be run and governed by a Board of Directors consisting of five (5) members selected annually. The annual selection of the Board of Directors shall be held at the last general meeting of the year or on a date determined by the majority of the members

The Board of Directors shall immediately select from among themselves the following officers :

The Board of Directors and Auditor shall serve the Association for a period of one (1) year. The same Chairman, however, cannot serve for two consecutive terms, but may serve in another capacity.

In the event of a permanent vacancy existing among the Board of Directors, the members shall select an additional member for the Board which, in turn, will make its own selection of officers.

• shall act as the overall coordinator for the Association's fundraising campaign

• shall alternately act as Chairman during the temporary absence or incapacity of the Chairman

• shall keep all the Association's records, correspondence, contracts, and other documents, except those which are financial in nature

• shall keep a record of the proceedings of all Board of Directors' and general meetings

• shall perform such other reasonable related duties as may from time to time be determined by the Board

• shall deposit all funds of the Association in a bank designated by the Board and ensure that no unauthorized disbursements are made

• shall prepare and submit the Association's annual financial reports during the first general meeting of the following year

• shall prepare and submit an interim financial report as may be required by the Board

• shall make records available to the members of the Association, upon receipt of written request, and to the Auditor for audit purposes

• shall perform such other reasonable related duties as may from time to time be determined by the Board

• shall audit, check, examine, and verify all financial statements and records prepared and kept by the Treasurer

• shall report to and advise the Chairman and the members regarding the financial status of the Association

The general meeting of the Association shall be held every second Saturday of the month at a time and place that may be decided upon at the previous meeting.

A special meeting may be called by the Chairman and two (2) members of the Board of Directors.

The Board of Directors may meet at the request of the Chairman or any two (2) Board members.

Twenty per cent (20%) of the membership with 3 members of the Board shall constitute a quorum for all meetings of the Association.

In all meetings of the Board and committees, a majority shall constitute a quorum

Questions arising at any meeting shall be decided by consensus (reaching agreement by all). If consensus cannot be reached, a vote is taken with decision resting on the majority of the members present

The Constitution and By‑laws of the Association may be amended at any general meeting with prior notice. Proposed amendments may be placed on the Agenda provided notice in writing of the proposed amendment(s) is received by the Secretary or Chairman at least thirty (30) days before the meeting. Amendments must be approved by two-thirds (2/3) of the members present.

Copies of all proposed amendments shall be distributed to the members at least two (2) weeks prior to the general meeting. Amendments that donot receive approval may not be re-proposed before one year has elapsed.

On the winding down or dissolution of the Association, funds or assets remaining after all debts have been paid shall be transferred to a charitable institution with purposes similar to those of the Association, or if this cannot be done, to another charitable institution recognized by Revenue Canada as qualified under the provisions of the Income Tax Act of Canada.

This Constitution and By-Laws of the Ateneo Alumni Association Canada shall take effect immediately after ratification by majority of the members of the Association present at a general meeting held for the purpose.

Done in the Municipality of Metropolitan Toronto, Ontario, Canada, this 22nd day of March in the year of our Lord, 1997, and signed by the members of the Association.