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Responsibilities Of

Owners Of New Age Corporation™'s

 
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The Opportunity African American Women Have Been Waiting For
New Age Capitalism & New Age Corporations
Now You Can Lead The Way To The Future
 

Responsibilities Of

Owners Of New Age Corporation™'s

 
In addition to all the maladies and mindsets that afflick Black Americans, i.e., laziness, fear, backwardness as it relates to understanding and applying the principles of science and economics, self-limiting, self-defeating, radical individualism, the delusion of inclusion, failure to maintain community and societal standards and a host of other debilitating and counterproductive attitudes and concepts, there is also the trifecta of problems that relate to gross mismanagement of available financial resources, lack of vision and no understanding; in many; of the power and the importance of perception. As owners, you must be able to see clearly how to turn specific activity into money and/or profits.{Click this link to educate yourself as to the importance of understanding the "Power of Perception"} {Click here for lessons in corporate operations}
Unity International, Company Inc.™, (hereafter also called UICI™ or Unity) is the world's first, only and the most successful New Age Corporation™. In addition, its primarily, managed, operated and governed by Black women. For years Black women have wanted to be the driving force that moved the Black community forward...now they have the means and the opportunity. {Click here to read Amy Euphemia Jacques Garvey's Article on "Women As Leaders"}
Even though most New Age Corporations™ will probably be owned and managed by Black women, all New Age Corporation™ are based on New Age Capitalism™'s bottom up or grass roots funding model of collective enterprise and collective ownership in which those that put up the money own the corporation. However, the concept cannot work without George Sistrunk's copyrighted Transitional Documents. The Board works for those that put up the money - the owners - the shareholders. When owners are also board members, a legal separation takes place. However, authority and responsibility never leaves the owners. They must still guide and direct the corporation collectively as a unit and not separately as individuals or separate legal entities.  Collectively, the shareholders will always own Unity. {Click here to read Harvard Business School's article entitled: "Qualified Black Women Are Being Held Back"}
For over 18 years, the owners of Unity, the shareholders... never realized the awesome reality that they have in their hands. Since a corporation, like Unity, has never existed before in world history, Unity is a money making enterprise all by itself. Everything that is done at Unity is not only historical, everything done is also a book, manual or an information publication that can be sold for additional income for the owners and their families. Since, there are no other New Age Corporations™ on planet earth, the world must come to Unity's owners for guidance, direction, expertise and operational procedures. {Click here to learn more about the Minority Business Development Agency (MBDA)}
Earnings from consulting fees and speaking engagements can run into the thousands of dollars. Seminars, conferences and training fees can equal thousands more. New Age Corporations™, like Unity, place the destiny of a world class corporate entity into the hands of ordinary people, many of whom, will have no business experience or training. Everything, Unity's owners learn or accomplish becomes another book or manual that will give encouragement and confidence to others and provide additional income for Unity's owners.
Therefore, it is vitally important that Unity's owners forever erase the stigma that Black people are not intelligent enough to own, operate and manage a world class, multi-million dollar corporation like Unity International. For over 200 years no Black person or group has ever owned a corporate entity that can capitalize to $500 million dollars. Currently on planet earth, there are no Black owned corporations anywhere that can capitalize like Unity. The owners of Unity have a responsibility and duty to act at all times within the boundaries of state and federal law and to do whatever is legally necessary to ensure Unity, the corporation survives. 
One of the most astounding and significant realities about Unity is this mega multi-million corporation exists in a small town like Orangeburg, South Carolina and not in some major city. What's even more profound is the creators of the concept are not college educated economist that are P.H.Ds., from Harvard, Yale or the University of Southern California (USC). In fact, a college educated economist could not have developed it. Everything in "Corporate America" is based on a few having a lot and paying a lot to capitalize a corporation.
The creators of New Age Capitalism™, UICI™'s Standing Committee and George M. Sistrunk were born and raised in Orangeburg and North, South Carolina. New Age Corporations™ like Unity are created for people of average means or wage earners and not rich people. Can you imagine, Unity is owned by people in Orangeburg, whose only concept of income is a weekly, bi-monthly or a once-a-month-check? This is a fixed income whether you... know it... or not... or...believe it.... or not. Can you imagine, a $500 million dollar corporate entity is owned primarily by Black women on fixed income? Naturally, this does not say much for the vast majority of Black males, many of whom, have never earned the right to be called a man. {Click here to read the article "We Have No Leaders To Save Our Black Men"}
For years Black women have been victimized by the cowardliness, fearfulness and the lack of vision of the vast majority of Black males that never became men. Fully 90% of the Black males living right now on planet earth are pathethic and worthless. For years, Black women had to endure the humiliation of knowing the majority of the males in their community were not qualified to be called a man, a boyfriend or a husband. Therefore, it is left up to the women of Unity and the few men that have demonstrated courage and vision to forge a new future for Black America and bring hope and opportunity where none currently exist. {Black American men are to blame for the failure of Black America}
Accordingly, Orangeburg, South Carolina, America and the world are waiting for the women of Unity to organize themselves, grow in confidence and expertise in order to make their debut on the world stage as effective corporate owners and managers of a world class corporate entity. In 1851, Sojourner Truth said, "If the first woman God ever made was strong enough to turn the world upside down all alone, these women together, ought to be able to turn it back and get it right side up again! And now they is asking to do it, the men better let them." {Click here for a brief history of Amy Euphemia Jacques Garvey} {Click here to read the online book "Black Women in Defense of Themselves"}
Requirements and Responsibilities For The Witness
 
The Standing Committee's witness is the most important person at any meeting of the Standing Committee. The Witness verifies activities for all the owners of the corporation including members of the Standing Committee. If the Witness is not present or his/her signature is not on the meeting notes, the meeting never took place and any decisions made are not valid or binding. Under 28 USC 1821, a witness in a judicial proceeding is paid $40.00 a day and all his/her expenses are covered to and from any proceeding. {Click here to review 28 USC 1821} {Click here to read Rule 30(a)(2), South Carolina Rules of Civil Procedure (SCRCP)} {Click here for Webster's definition of Witness} {Click here for the Law Dictionary's definition}
Requirements and Responsibilities For The Webmaster
 
UICI™'s Webmaster develops and maintains UICI™'s portals and websites. He currently performs backups and ensure user accessibility to the site. He monitors site traffic and helps scale site capacity to meet traffic demands and performance expectations. He improves the portal's efficiency and designs the look and feel for the site. After Independent Marketing Group.Ws, UICI™ will require a Webmaster to have a bachelor's degree and 2-4 years of experience with a working knowledge of HTML, JavaScript, and SQL. Currently UICI™'s Webmaster relies on experience and judgment to plan and accomplish goals. As all of us at UICI can witness for ourselves, he performs a variety of tasks and without any supervision. All future Webmasters must have a certain degree of creativity and will be given a wide latitude to accomplish UICI™'s objectives. Currently, the Webmaster reports to the Chair or Co-Chair of the Standing Committee, the President, Vice President of the Board or to the Corporate Secretary. {Click here for average Webmaster salaries} {Click here for hourly rate of Webmasters} {Click here for more information about hourly rates for Webmasters}
Requirements and Responsibilities For The Registered Agent
 
At UICI™, whenever a position, title or job description is specifically referred to in a statute, it is viewed as a mandated paid position. Therefore, the Registered Agent must be paid and/or compensated until the funds are available to pay his salary that is commensurate with national levels. The duties of the Registered are governed by South Carolina law. There is nothing we can add to or subtract from it. However, the responsibilities of the Registered Agent are same for all of Unity's personnel. He/she must know South Carolina law governing his/her position and the laws governing Unity's operations. He/she reports to the CEO, President, Vice President, the Corporate Secretary and/or the Chair or Co-chair of the owner's committee and must let the Corporate Secretary know his/her whereabouts at all times. {Click here to review South Carolina requirements for a Registered Agents} {Click here for the national average salary of a Registered Agent} {Click here for the national average salary of a Registered Agent representative}
Requirements & 
Responsibilities For Corporate Compliance Directors
 
A UICI™ Compliance Director directs programs, policies, and practices to ensure that all business units are in compliance with financial policy and reporting regulations. They track laws and regulations that might affect Unity's policies and/or procedures and they implement the necessary changes. To be a UICI™ Compliance Director an individual must demonstrate expertise in a variety of the field's concepts, practices, and procedures. A Compliance Director can also rely on his/her extensive experience and judgment to plan and accomplish goals. All UICI™'s Compliance Directors perform a variety of tasks, leads and directs the work of others to always act in the best interest of the corporation, the legal entity that is created by law. {Click here for Robert's Rules Of Order}
Therefore, to accomplish these objectives, Compliance Directors can have a wide degree of creativity and latitude to accomplish their objectives. In UICI™, the Compliance Director reports to the President, Vice President, CEO, Corporate Secretary or to the Chair or the Co-Chair of the owner's leadership group or person. Compliance Directors have the authority under federal and state law to act independently of the board and owners; and if necessary, they can act to save a corporation, the legal entity, from a dysfunctional board or from a dysfunctional group of shareholders or owners. {Click here for additional information on UII's Accommodating Directors}
Requirements and Responsibilities For Corporate Secretary
 
UICI™'s Corporate Secretary prepares Board of Directors' meeting agendas, coordinates fees and expenses, takes minutes, and assists with the annual election of Directors. She handles shareholder relations, coordinates and communicates annual meetings, and maintains a list of holding companies, officers, and directors. Normally, a bachelor's degree in an area of specialty and at least 10 years of experience in the field or in a related area is required. However, UICI™ will work with a qualified candidate that has potential. In addition, UICI™'s Corporate Secretary must be familiar with a variety of UICI™'s concepts, practices, and procedures. She can rely on extensive experience and judgment to plan and accomplish goals. She performs a variety of tasks. A wide degree of creativity and latitude is expected from her as she grows and develops her skills and capabilities. She reports to the CEO, President, Vice President, Chief Financial Offer, any Compliance Director or to the Chair or Co-Chair of the owner's committee. {Click here for average salary of a Corporate Secretary} {Click here for the national median range}

UICI™'s corporate secretary also oversees regulatory responsibilities of the corporation. {Click here to review 33-14-210(c) SC Code of Laws} This involves assisting the board of directors in understanding and meeting all applicable regulatory issues, ensuring the corporation operates within the bounds of the law. UICI™'s corporate secretary is ultimately responsible for the legal filings of UICI™, such as disclosures to owners/shareholders, annual and quarterly earnings and account information, and tax obligations. She has the authority to consult with board members and make recommendations regarding policies necessary to meet corporate responsibilities. She may (along with her staff) organize board meetings, set agendas, and review materials for accuracy before distribution to the board. {Click here to review Section 33-7-102(a)(2) SC Code of Laws}

When fully operational UICI™'s corporate secretary will work full time in her office with an annual salary of $56,400.00. This is right at the national average. This salary level is necessary because she plays a key role in corporate governance. The Corporate Secretary frequently has to work longer hours to meet deadlines for document filings. She also has the authority to interact with individuals at every level in UICI™ including Field Coordinators, General Partners and/or Affiliates; as well as, the members of the board of directors, other department heads, her own staff (if needed), and others. With information from advisors to the board that have yet to be determined, she will ensure all legal obligations are met, research and analyze issues, and make reports on their findings. Additionally, she will also be required to work with any regulator to keep up to date on regulatory changes and ensure corporate responsibilities are completely met.  {Click here to review Section 33-7-220(e), SC Code of Laws}

UICI™'s corporate secretary is the only mandated paid position in corporate America. In addition, the Chair and Co-chair of the owner's group must inform the Corporate Secretary of their whereabouts at all times. This is true for all officers and staff that have positions of responsibility or authority in Unity. Currently, our collective goal is get her pay and retainer up to the national average of $40.00 an hour for meetings and $500.00 a month as a retainer for a startup corporate operation. At this point in time, Unity must be classified as startup. {Click here for Robert's Rules Of Order}

Requirements and Responsibilities For UICI™'s President

The first duty and responsibility of UICI™'s (hereafter also called Unity) President is to know all the laws, rules and regulations that governs Unity's corporate activities. If not specifically, at least have the general knowledge as to where they can be found. UICI™'s President, like the CEO, has the responsibility to plan and direct all aspects of UICI™'s policies, objectives, and initiatives. The President works closely with the CEO, the Vice President, Chief Financial Officer, the Corporate Secretary, the Registered Agent and Unity's entire staff, contractors, General Partners and/or Affiliates. He/she must have knowledge of Unity's entire scope of operations. {Click here for additional information relative to Presidential duties}
He/she is also responsible for the short and long-term profitability and growth of the Unity. UICI™ may require a bachelor's degree with at least 15 years of experience in the field. The President must demonstrate expertise in a variety of the fields concepts, practices, and procedures. The President can rely on his/her extensive experience and judgment to plan and accomplish goals. He/she will perform a variety of tasks that will lead and direct the work of others. A wide degree of creativity and latitude is expected from UICI™'s President. He or she reports directly to the Chair or Co-Chair of the owner's committee and he or she must inform the Corporate Secretary of his or her whereabouts at all times. {Click here to learn more as it relates to Presidential duties}
In addition, Unity's President serves as the face of Unity. He/she represents Unity throughout Orangeburg, the State of South Carolina, the United States of America and the international community. He/she can serve on the boards of nonprofit organizations in the Orangeburg area and he/she can maintain membership in professional organizations associated with Unity's goals and objectives. As President, he/she is the individual that speaks to the media. {Click here for an overview of the President's job description}

The President also creates, communicates and implements Unity's vision, mission, and overall direction. He/she leads, guides, directs and evaluates the work of other executive leaders including the Vice President, Chief Financial Officer, the Registered Agent and the Corporate Secretary. Unity's President helps formulate and implements the strategic plan that guides the direction of the corporation. This includes forming, staffing, guiding, leading, and managing Unity efficiently, proficiently and effectively to accomplish Unity's goals and objectives. {Click here for Robert's Rules Of Order}

 

Unity's President oversees the complete operation and governs it in accordance with the direction established in the strategic plans. He/she is responsible for evaluating the success of Unity, maintaining awareness of both the external and internal competitive landscape, opportunities for expansion, customers, markets, new industry developments and standards. The President represents Unity in civic and professional associations and in all activities in Orangeburg, the state, and at the national level. 

 

He/she oversees all other executives and staff within Unity, meets with board of directors and other executives to determine if Unity is operating in accordance with goals and policies. The President oversees the budgets, encourages business investment, promotes economic development within Orangeburg and surrounding communities, directs the financial goals, objectives, and budgets, implements Unity's guidelines on a day-to-day basis, presides over quality control, hires, trains, and terminate employees.

 

He/she oversees the investment of funds and manages associated risks, supervises cash management activities, executes capital-raising strategies to support Unity's expansion. Unity's President provides visionary and strategic leadership for the corporation. He/she collaborates with the board of directors to develop the policies and direction of Unity. The President ensures members of the Board of Directors have the information necessary to perform their fiduciary duties and other governance responsibilities.

 

He/she, working with others, helps develop and maintain relationships with other associations, industry, and government officials that are in the best interest of Unity International Company. The President provides adequate and timely information to the Board to enable it to effectively execute its oversight role. He/she directs the staff, including the organizational structure, professional development, motivation, performance evaluation, discipline, compensation, personnel policies, and procedures.

Requirements and Responsibilities For Chief Executive Officer

The first duty and responsibility of UICI™'s Chief Executive Officer is to know all the laws, rules and regulations governing Unity's corporate activities. He/she also plans and directs all aspects of an organization's policies, objectives, and initiatives. The CEO, working with the President and Vice President is also responsible for the short and long-term profitability and growth of the company. UICI™ may require a bachelor's degree with at least 15 years of experience in the field for CEO is that is not an owner. The CEO must demonstrate expertise in a variety of the fields concepts, practices, and procedures. The CEO can rely on his/her extensive experience and judgment to plan and accomplish goals. He/she will perform a variety of tasks that will lead and direct the work of others. A wide degree of creativity and latitude is expected of UICI™'s CEO so that goals and objectives can be accomplished. If needed, he/she may preside over the board of directors and presidents of UICI™'s LLC's. He or she reports directly to the Chair or Co-Chair of the owner's committee and he or she must inform the Corporate Secretary of his or her whereabouts at all times. {Click here for Robert's Rules Of Order}

Requirements and Responsibilities For UICI™'s Vice President

The first duty and responsibility of UICI™'s Vice President is to know all the laws, rules and regulations governing Unity's corporate activities. He/she also plans and directs all aspects of Unity's policies, objectives, and initiatives along with the CEO, the President, Chief Financial Officer and the Corporate Secretary. The Vice President has the responsibility and authority to lead Unity in the event the President or CEO is incapacitated, cannot be reached or has passed into the next life. His/her duties are the same as the CEO and President. He or she reports directly to the President and/or CEO or to the Chair or Co-Chair of the owner's committee and he or she must inform the Corporate Secretary of his or her whereabouts at all times. {Click here for Robert's Rules Of Order}
Requirements and Responsibilities For Chief Financial Officer
 
UICI™'s CFO is responsible for directing UICI™'s overall financial policies. He/she will oversee all financial functions including accounting, budget, credit, insurance, tax, and treasury. He/she is free to design and coordinate a wide variety of accounting and statistical data and reports. Position will require a bachelor's degree and at least 15 years of direct experience in the field. However, UICI™ will work with a qualified candidate. He/she must demonstrate expertise in a variety of the field's concepts, practices, and procedures. He/she can rely on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. The CFO will report to the CEO, President, Vice President, the Corporate Secretary and the Chair or Co-chair of the Standing Committee.

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Copyright Information

 

It is important for the owners of Unity International Company, Inc.™ - the shareholders to know that all the information; including pictures from the public domain, that are hosted on Independent Markeing Group's server/s are in strict compliance with the Fair Use Doctrine. {Click here for the Copyright Fair Use Index to Court Cases} 17 U.S. Code 107 - Limitations on exclusive rights: Fair use - that clearly states the following in pertinent parts;

 

“Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include—

 
           (1) the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes;
 
           (2) the nature of the copyrighted work;
 
           (3) the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and
 
           (4) the effect of the use upon the potential market for or value of the copyrighted work. The fact that a work is unpublished shall not itself bar a finding of fair use if such finding is made upon consideration of all the above factors.”
 
By: George M. Sistrunk - 803-347-6638

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Images from Google's public source - 8/2015
2015 - George M. Sistrunk - All Rights Reserved. 

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