Kutchy Foundation articles

UTKAST - STADGAR F�R KUTCHY STIFTELSEN

Kapitel 1 Allm�nna best�mmelser.

� 1. Stiftelsens namn �r Kutchy Stiftelsen.

� 2. Stiftelsen har sitt s�te i Varberg.

� 3. Stiftelsens prim�ra �ndam�l �r att fr�mja utvecklingen av h�lsa, IT, alternativ eller ny cancer, tum�r, sm�rta och kroppsbehandling, forskare, forskning, f�retag i uppstartsfart, uppmuntra utbildning inom omr�det, �ga fastigheter, forskningsresor mm.

I andra hand skall stiftelsen f�rvalta och uppl�ta diverse investeringar, kunna ta emot kapital fr�n stiftaren och andra intressenter som denne sedan kan placera i projekt som stiftaren behagar, ge underst�d till resor och kostnader i samband med resor, kunna l�mna underst�d f�r ink�p av boende och f�r v�rd samt kunna ge l�n.

� 3.1 Stiftelsens prim�ra �ndam�l skall �stadkommas genom fr�mjandet av alternativ eller ny behandling inom h�lsa, IT utveckling, forskning, f�retag i uppstarts fas, uppmuntra utbildning inom omr�det, �ga och utveckla fastigheter, forskningsresor m.m. De s�rskilda omr�den som stiftelsen vill st�dja �r h�lsa, IT och r�ttvisa. Vidare skall stiftelsen st�dja �ven andra ting som f�retagande och r�ttvisa inom ofattlig sektor d�r enskild person och juridisk person skadats p� n�got s�tt

Stiftelsen skall fr�mja h�lsa, IT och r�ttvisa. Inom ramen f�r ovan skall stiftelsen utdela bidrag samt stipendier till personer, universitet, skolor och inr�ttningar vilka bedriver forskning och utvecklingsarbete inom stiftelsens m�lomr�den. Stiftelsen skall kunna utdela bidrag samt stipendier �ven i de fall d� vetenskaplig forskning ej bedrivs men d�r arbetet p� ett f�rtj�nstfullt s�tt bidrar till forskning och utvecklingsarbete eller bibeh�ller h�lsa, IT s�kerhet och r�ttvisa.

Stiftelsen skall kunna ge stipendier, sponsringsbidrag och st�d till ink�p av utrustning och material till f�retag och privatpersoner vars aff�rsid� eller agerande �r positivt f�r nyutveckling. Ovan stipendier, bidrag eller st�d utges j�mna �r till den kandidat som enligt styrelsen b�st fr�mjat ovan �ndam�l. Vid best�mmande av stipendiets, bidragets eller st�dets storlek skall styrelsen med h�nsyn till stiftelsens ekonomiska m�jligheter fastst�lla en �rlig summa om maximalt tio prisbasbelopp.

Stiftelsen skall vidare utdela ett pris till den eller de som p� ett f�rtj�nstfullt s�tt bidragit till forsknings- och utvecklingsarbete inom �ndam�lets m�lomr�de. Stiftelsen skall efterstr�va att det pris som skall utdelas kommer till allm�nhetens k�nnedom och att detta utdelas oj�mna �r. Vid best�mmande av prisets storlek skall styrelsen med h�nsyn till stiftelsens ekonomiska m�jligheter fastst�lla en �rlig prissumma om maximalt tio prisbasbelopp. De personer som kan komma ifr�ga f�r att erh�lla ett pris �r s�dana personer som p� ett f�rtj�nstfullt s�tt bidragit till forskningen och utvecklingsarbetet inom stiftelsens m�lomr�de. Styrelsen har ingen skyldighet att utge pris om l�mplig kandidat inte identifierats ett specifikt �r.

�� 3.2 Stiftelsens andrahands�ndam�l skall �stadkommas genom att

- f�rvalta, underh�lla eller fritt uppl�ta de investeringar som kan komma att innehas av Stiftelsen.

- l�mna underst�d till resor och kostnader i samband med resor som har till syfte att fr�mja resekulturen samt f�r fritidsaktiviteter och upplevelser som f�retas av de av stiftelsens destinat�rer.

- l�mna underst�d och bidrag f�r v�rd p� privat s�v�l som allm�nt sjukhus eller annan v�rdinr�ttning samt tandl�karv�rd.

� 3.3 Destinat�rer utses genom enh�lligt beslut av styrelsen. �ttlingar till Gunnar Nilsson skall dock alltid en v�ljas och utg�ra eftertr�dare till Gunnar Nilsson som styrelsemedlem vid hans fr�nf�lle

� 4. Stiftelsen skall �ga r�tt att utveckla, tillvarata och f�rs�lja till stiftelsen donerad eller p� andra s�tt sk�nkt eller f�rv�rvad fast eller l�s egendom. F�r att stiftelsen skall �ga r�tt att f�rs�lja fast egendom kr�vs att samtliga av stiftelsens ledam�ter �r eniga d�rom.

Stiftelsens styrelse skall �ven �ga r�tt att inf�rskaffa, upphandla eller som g�va erh�lla fastigheter eller markomr�den. Vidare skall stiftelsen �ga r�tt att erh�lla donationer, bidrag, arv och legat. F�r att g�va skall kunna mottas kr�vs dock att en majoritet av stiftelsens ledam�ter �r eniga om att g�van skall accepteras intr�de i Stiftelsen.

Stiftelsen skall sj�lv �ga r�tt att bedriva n�ringsverksamhet samt �ga r�tt att bedriva n�ringsverksamhet genom hel�gt/hel�gda juridiska personer dock under f�ruts�ttning att styrelsen godk�nner verksamheten utifr�n den verksamhetsplan som presenteras f�r styrelsen. S� l�nge Gunnar Nilsson �r ledamot och ordf�rande kr�vs att han godk�nner beslut i denna punkt.

Stiftelsen skall �ga r�tt att uppta l�n om detta fr�mjar stiftelsens �ndam�l. F�r att l�n skall f� upptas kr�vs dock att samtliga av stiftelsens ledam�ter �r eniga d�rom samt att detta beslutas och nedtecknas p� styrelsem�te.

Stiftelsen skall �ga r�tt att l�na ut medel till dotterbolag p� marknadsm�ssiga villkor. Stiftelsen skall �ven �ga r�tt att l�na ut medel amorteringsfritt till destinat�rer med en l�ptid om maximalt tjugo �r varvid r�nta p� utgivna l�n skall uppg� till minst statsl�ner�ntan plus en procent.

Stiftelsen skall �ga r�tt att anst�lla eller kontraktera personer f�r drift, f�rvaltning och sk�tsel av dess egendom.

Kapitel 2 Stiftelsens ledning

� 1. Stiftelsens angel�genheter och f�rvaltning handhas av en styrelse vilken skall best� av en till sex ledam�ter. Gunnar Nilsson skall s� l�nge han �nskar och f�rm�r utg�ra st�ndig styrelseledamot samt d�rut�ver utg�ra styrelsens ordf�rande. Styrelsen kan besluta att ut�ka styrelsen. S� l�nge Gunnar Nilsson �r ledamot och ordf�rande kan han f�resl� att �ka eller minska antalet styrelseledam�ter, varvid f�rslaget skall efterf�ljas s� l�nge detta inte strider mot lag. Styrelsens ledam�ter kan vardera utse en suppleant. Suppleanten skall intr�da i ledamots st�lle vid dennes fr�nf�lle eller uttr�de. Vid suppleants fr�nf�lle eller uttr�de �ligger det ledamot att omedelbart utse ny suppleant.

� 2. En eller tv� av ledam�terna skall utg�ras av stiftelsens stiftelsefogdar. De personer vilka �r �ttlingar till Gunnar Nilsson och i andra hand de personer som Gunnar Nilsson har utsett, skall likv�rdigt vardera utse en eller flera, dock vardera lika m�nga, styrelseledam�ter. Den som utsett styrelseledamoten �ger r�tt att byta ut ledamoten som de utsett, dock ej under p�g�ende r�kenskaps�r.

� 3. Stiftelsen skall ha en eller tv� stiftelsefogdar vilka utses av styrelsen. Stiftelsens f�rsta stiftelsefogde skall utg�ras av Gunnar Nilsson som �ger r�tt att s� l�nge han lever och f�rm�r kvarbli i denna befattning. Gunnar Nilsson skall s� l�nge han lever och f�rm�r �ga r�tt att utse ytterligare en stiftelsefogde och m�jlig suppleant. Det �ligger vardera nytilltr�dd stiftelsefogde att utse dennes eftertr�dare att eftertr�da denne vid stiftelsefogdens fr�nf�lle eller om stiftelsefogden avs�ger sig sitt fogdeansvar i f�rtid. Stiftelsefogde �ger r�tt att �ndra den person som denne utsett s�som sin eftertr�dare fram till dess att eftertr�daren tilltr�tt som fogde.

Vidare kan Gunnar Nilsson avs�ga annan fogde och dess ers�ttare sitt fogdeansvar vid vilken tidpunkt som helst. S�dant beslut skall meddelas och protokollf�ras p� �rsm�tet.

� 4. Det �ligger stiftelsefogdarna att l�pande ansvara f�r stiftelsens egendomar och dess f�rvaltning och att upphandla �rliga tj�nster enligt styrelsens beslut.

� 5. F�r de fall att en stiftelsefogde kraftigt f�rsummar det ansvar som �ligger denna minst tre �r i rad �ger den person som fogden utsett som sin eftertr�dare r�tt att tr�da i den f�rsummande stiftelsefogdens st�lle. Eftertr�daren �ger r�tt att vara med i styrelsen sj�lv eller utse en ny stiftelsefogde i dennes st�lle. Vid s�dan f�rsummelse skall styrelsen f�rst kalla den stiftelsefogde som kraftigt f�rsummat det ansvar som �ligger denne till m�te och d�r avg�ra om f�rsummelsen �r s�dan att fogdens eftertr�dare skall �ga r�tt att tr�da in i dennes st�lle.

� 6. Styrelsen skall utse en ledamot som �r ordf�rande efter att Gunnar Nilsson avg�tt som ordf�rande.

Vid val av ordf�rande efter Gunnar Nilsson skall ingen �ga r�tt att vara ordf�rande mer �n under en tolvm�nadsperiod i taget om inte styrelsen enh�lligt beslutar annat.

Vid tidpunkt d� Gunnar Nilsson inte l�ngre utg�r styrelseledamot eller stiftelsefogde skall styrelsen utse ny stiftelsefogde. Styrelsen skall i s�dant fall utse nya ledam�ter med beaktande av stiftarens f�reskrifter i dessa stadgar. F�r det fall att styrelsen inte kan enas skall tillsynsmyndigheten utse en eller flera ledam�ter.

� 7. Styrelsen skall utse en ekonomiansvarig.

Det �ligger den ekonomiansvarige att inom ramen f�r dennes uppdrag att tillse att l�pande bokf�ring, bokslut, skatte�renden samt �vriga juridiska angel�genheter handhas p� ett fackmannam�ssigt s�tt. Vidare �ligger det den ekonomiansvariga att tillse att juridiska, ekonomiska och dylika handlingar arkiveras och f�rvaras p� ett betryggande s�tt i stiftelsens bankfack. Den ekonomiansvarige skall inte ha familj�r koppling till stiftelsefogdarna och av dem utsedda ledam�ter.

� 8. Styrelsens ledam�ter och eventuella suppleanter �r utsedda tillsvidare, om inte stadgarna f�reskriver annat.

� 9. Styrelsen skall inom sig utse en sekreterare.

Kapitel 3 Styrelsens arbete och ansvar.

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� 1. Styrelsen skall sammantr�da minst en g�ng per �r. Under stiftelsens f�rsta verksamhets�r skall stiftelsens sammantr�da tv� g�nger, varav en g�ng vid det konstituerande m�tet.

Styrelsen kallas till sammantr�de genom ordf�randes f�rsorg och av sekreteraren om ordf�randen ej �r tillst�des under l�ngre tid eller om akut viktig fr�ga uppkommer. Kallelse till styrelsem�te sker brevledes senast 4 veckor innan. Om en ledamot med angivande av orsak p�kallar styrelsesammantr�de, ankommer det p� ordf�rande att inkalla styrelsen inom 4 veckor efter p�kallandet.

� 2. R�str�tt tillkommer styrelsens ledam�ter.

Styrelsen �r beslutf�r n�r mer �n h�lften av dess r�stber�ttigade ledam�ter eller tj�nstg�rande suppleanter �r n�rvarande. Vad avser beslut om uppl�sning av stiftelsen kr�vs att samtliga r�stber�ttigade ledam�ter �r n�rvarande och att beslutet �r enh�lligt.

� 3. Vad avser normala beslut g�ller f�r bifall att 3/4 av stiftelsens n�rvarande r�stber�ttigade ledam�ter �r eniga d�rom.

F�r beslut om utbetalningar till destinat�r kr�vs absolut majoritet i styrelsen. S� l�nge Gunnar Nilsson �r ledamot och ordf�rande kr�vs att han godk�nner beslut om utbetalningar.

� 4. Vad avser beslut d�r styrelsens ordf�rande och ekonomiansvarig utses kr�vs att styrelsen �r enh�llig.

Om tillr�cklig majoritet ej kan uppn�s inom styrelsen skall fr�gan bordl�ggas, och tas upp p� n�stkommande styrelsem�te. F�r det fall tillr�cklig majoritet ej kan uppn�s vid detta andra m�te skall lottdragning ske i det fall Gunnar Nilsson avg�tt ur styrelsen, annars �ger ordf�rande utslagsr�st.

� 5. Stiftelsens namn och firma tecknas av styrelsen tv� i f�rening. S� l�nge Gunnar Nilsson utg�r stiftelsens styrelseledamot skall Gunnar Nilsson �ga r�tt att teckna stiftelsens firma och namn. Styrelsen �ger r�tt att utse stiftelsefogde att teckna stiftelsens namn och firma.

� 6. Styrelsens sammantr�de skall protokollf�ras genom sekreterarens f�rsorg. Protokoll skall justeras av ordf�rande i f�rening med en styrelseledamot.

� 7. Vid nyval av styrelsens ledam�ter och suppleanter skall detta antecknas i protokollet.

� 8. Det ankommer p� den ekonomiansvarige att l�mna information om det ekonomiska l�get vid varje styrelsesammantr�de. Om ekonomiansvarige utsett annan att utf�ra s�dant som ligger inom ramen f�r dennes uppdrag, m�ste styrelsen f�rst godk�nna den person som den ekonomiansvarige utsett.

� 9. Stiftelsens styrelse skall uppr�tta arbetsordning f�r styrelse och verksamheten i �vrigt.

� 10. Styrelsen �ger fr�n tid till annan r�tt att besluta om arvode till styrelsens ledam�ter, dock maximalt ett (1) inkomstbasbelopp varje �r. Den ekonomiansvarige skall ha r�tt att erh�lla ett arvode om maximalt ett (1) inkomstbasbelopp varje �r, om inget annat beslutas av styrelsen. Arvodet utbetalas i efterskott i samband med styrelsem�tet. Styrelsen �ger dock inte besluta om att betala ut arvode som inskr�nker och om�jligg�r stiftelsens fortlevnad.

Kapitel 4 Stiftelsens tillg�ngar

� 1. Stiftelsens bundna kapital skall utg�ras av tillf�rt ursprungligt grundkapital. Ut�ver detta skall allt �vrigt kapital, avkastning p� kapital, kapitalvinst p� kapital, medel eller annan tillg�ng, som f�rv�rvas genom stiftelsens verksamhet som stiftelsen fr�n tid till annan kan bedriva samt medel eller annan egendom, som senare genom g�va eller p� annat s�tt tillf�rs stiftelsen utg�ra fritt eget kapital s�vida inte givaren f�reskriver annorlunda.

� 2. Av stiftelsens �rliga avkastning och omplaceringsresultat skall ers�ttning f�r stiftelsefogdarnas arbete utg� med 10 % vardera om respektive fogde s� �nskar. Arvodet betalas ut �rsvis i efterskott i samband med styrelsem�tet. Vid eventuell f�rlust utg�r inget arvode till stiftelsefogdarna. Av stiftelsens �terst�ende �rliga avkastning och realisationsresultat skall 10 % tillf�ras bundet eget kapital.

� 3. Styrelsen ansvarar f�r att stiftelsens samtliga tillg�ngar handhas p� ett fackmannam�ssigt s�tt, varvid det skall efterstr�vas att fonderade medel ger s�dan avkastning samt att uppdrag, verksamheter, r�ttigheter och andra �tg�rder bedrivs och tillvaratas p� s�dant s�tt att nuvarande och kommande �taganden och verksamhet kan s�kerst�llas. Styrelsen skall uppr�tta en placeringspolicy. F�rvaltningen av de likvida medlen f�r inte inneb�ra n�gon valutarisk och denomineringsvalutan skall utg�ras av svenska kronor eller den valuta Sverige har antagit som valuta. Styrelsen skall efterstr�va att f�rvaltningen ger f�ruts�gbara resultat f�r n�stkommande tolvm�nadersperiod. Vid uppr�ttande av placeringspolicyn skall styrelsen efterstr�va en h�g andel r�nteb�rande instrument. Stiftelsens skall efterstr�va att placeringarna skall ske i v�rdepapper och instrument med b�sta rating d�r god direktavkastning kan erh�llas.

Stiftelsens f�rvaltning skall vara �rsvis. Ny f�rvaltning skall upphandlas snarast d�r styrelsen utser en av fogdarna att ombes�rja upphandlingen.

Kapitel 5 Revision

� 1. Stiftelsens r�kenskaps�r tillika verksamhets�r �r 1/1 � 31/12.

� 2. Senast tre (3) m�nader efter r�kenskaps�rets slut skall styrelsen �verl�mna verksamhetsber�ttelse f�r det g�ngna �ret, �rsredovisning samt prognos med budget f�r kommande verksamhets�r till stiftelsens revisor.

� 3. Senast fem (5) m�nader efter r�kenskaps�rets slut skall revisionsber�ttelse f�religga.

� 4. Stiftelsen skall ha en revisor och en revisorssuppleant. S�v�l revisorn som revisorssuppleanten skall vara auktoriserad.

Kapitel 6 �ndringar av stadgar och urkund

� 1. Styrelsen �ger r�tt att fatta beslut om �ndring, upph�vande eller �sidos�ttande av stiftelsens stadgar eller f�reskrifter utan tillst�nd av tillsynsmyndighet, Kammarkollegiet eller annan myndighet. Beslut fattas med enh�llighet under iakttagande av 6 kap. Stiftelselagen. Styrelsen �ger dock ej r�tt att �ndra, upph�va eller �sidos�tta kapitel 1 paragraf 3, Kapitel 2, Kapitel 6 och Kapitel 7.

Kapitel 7 �vrigt

� 1. F�rbrukning av stiftelsens kapital.

Styrelsen har r�tt att besluta om att stiftelsens bundna kapital f�r anv�ndas. Det bundna kapitalet f�r dock ej anv�ndas till mer �n h�lften under stiftelsens 10 f�rsta levnads�r.

� 2. Stiftelselagen

F�r stiftelsen g�ller den vid varje tillf�lle g�llande Stiftelselagen (1994:1220) i alla avseenden som ej reglerats i dessa stadgar.

� 3. Tillsyn

Stiftelsen skall ej st� under tillsyn varom stadgas i 9 kapitlet Stiftelselagen (1994:1220).

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DRAFT - ARTICLES FOR KUTCHY FOUNDATION

Chapter 1 General provisions.

� 1. The foundation's name is the Kutchy Foundation.

� 2. The foundation is located in Varberg.

� 3. The Foundation's primary purpose is to promote health, IT, the development of alternative cancer, tumour, pain and body tissue treatment, researchers, research, start-up companies, encourage education in the area, own property, research trips, etc.

In other respects, the Foundation shall manage and allocate various investments, be able to receive capital from the Foundation and other stakeholders, which it may then place in projects that the Fund pleases, provide support for travel and expenses related to travel, provide support for the purchase of accommodation and for care as well as being able to provide loans.

� 3.1 The primary objectives of the foundation shall be achieved through the promotion of alternative or new medical treatment, IT development, research, start-up companies, encouraging education in the field, own and develop real estate, research trips, etc. The special areas that the foundation wishes to support is health, IT and justice. Furthermore, the foundation will also support other things like business and justice within public sector where individuals and legal entities have suffered injury in some way

The foundation shall promote health, IT and justice. Within the framework of the above, the foundation shall award grants and scholarships to persons, universities, schools and establishments which conduct research and shall be able to award grants and scholarships even in cases where scientific research is not conducted but where the

development work within the Foundation's target areas. The foundation work contributes in good faith to research and development work or maintains health, IT security and justice.

The foundation shall be able to provide scholarships, sponsorship grants and support for the purchase of equipment and materials for companies and individuals whose business concept or actions are positive for new development. The above grants, grants or grants are awarded to the candidate who, according to the Board, best promoted the above purpose. In determining the amount of the grant, grant or aid, the Board shall determine, with regard to the financial opportunities of the Foundation, an annual amount of maximum ten price base amount.

The Foundation shall also award a prize to the person or persons who have contributed in a deserving way to research and development work within the purpose of the purpose. The Foundation shall strive for the award to be distributed to the public and to be awarded for uneven years. In determining the size of the price, the Board shall determine, with regard to the financial opportunities of the foundation, an annual price sum of maximum ten price base amount. Those who may be eligible to receive a prize are those who have contributed to the research and development work within the Foundation's target area in a sincere way. The Board is not obliged to award a prize if a suitable candidate has not been identified for a specific year.

� 3.2. The secondary object of the foundation shall be achieved by:

- administer, maintain or freely borrow the investments that may be held by the Foundation.

- Provide support for travel and expenses associated with trips aimed at promoting travel

culture as well as for recreational activities and experiences undertaken by those of the Foundation's destinations.

- Provide support and contributions for care at private as well as public hospitals or other healthcare facilities as well as dental care.

� 3.3. Destinators are appointed by unanimous decision by the Board. However, the descendants of Gunnar Nilsson shall always one be appointed as the successor of Gunnar Nilsson board of director when he passes away.

� 4. The foundation shall have the right to develop, acquire and sell to the foundation donated or otherwise donated or acquired fixed or movable property. In order for the foundation to have the right to sell real estate, all members of the foundation must agree on it.

The foundation board shall also be entitled to acquire, procure or receive a property or land as a gift. Furthermore, the foundation shall be entitled to receive donations, contributions, inheritance and legacy. However, in order for a gift to be received, it is required that a majority of the members of the foundation agree that the gift shall be accepted entry into the Foundation.

The foundation itself shall have the right to pursue business activities and be entitled to engage in business through wholly owned / wholly owned legal persons, provided that the board approves the activities based on the business plan presented to the Board. As long as Gunnar Nilsson is a member and chairman, he is required to approve decisions in this section.

The foundation shall be entitled to borrow if this promotes the Foundation's purpose. However, in order for a loan to be raised, all members of the Foundation must agree on this and that this is decided and recorded at the Board meeting.

The foundation shall be entitled to lend funds to subsidiaries on market terms. The foundation shall also be entitled to lend funds

free of charge to destinations with a maturity of a maximum of twenty years, with interest on issued loans amounting to at least the government loan rate plus one percent.

The foundation shall have the right to employ or contract persons for the operation, management and care of its property.

Chapter 2 Foundation Management

� 1. The affairs and administration of the Foundation shall be governed by a Board of Directors which shall consist of one to six members. Gunnar Nilsson shall, as long as he wishes and may be a permanent member of the board, as well as chairman of the board. The Board may decide to extend the Board. As long as Gunnar Nilsson is a member and chairman, he may propose to increase or decrease the number of Board members, with the proposal being followed as long as this does not conflict with law. The members of the Board may each appoint an alternate. The alternate shall enter the member's place at the time of his or her departure. In the event of a termination or resignation of alternate members, the member shall immediately appoint a new alternate.

� 2. One or two of the members shall consist of the foundation's founding officers. Those persons who are descendants of Gunnar Nilsson and, secondly, the persons appointed by Gunnar Nilsson shall equally appoint one or more, each of which shall be equal to one or more members of the Board. The person who appointed the board member is entitled to replace the member they appointed, but not during the current financial year.

� 3. The foundation shall have one or two founding members appointed by the board. The foundation's first founding member shall consist of Gunnar Nilsson who owns the right to remain in this position as long as he lives. Gunnar Nilsson shall, for as long as he lives,

be entitled to appoint an additional foundation member and possible alternate board member. It is the responsibility of each newcomer's member to appoint his successor to comply with it at the time of the foundation founder, or if the founder is forfeiting his liability in advance. The founder of the foundation is entitled to change the person whom he designated as his successor until the successor became a fianc�.

In addition, Gunnar Nilsson may renounce another fellow and its substitute at any time. Such decisions shall be announced and recorded at the annual meeting.

� 4. It is the responsibility of the founding directors to be in charge of the Foundation's property and its management and to procure annual services according to the Board's decision.

� 5. In cases where a founder fails to neglect the responsibility for this for at least three years in a row, the person appointed by the founder as his successor shall be entitled to enter the place of the defaulting founder. The successor has the right to join the board himself or appoint a new founder in his place. In the event of such negligence, the board shall first call the foundation commander who severely neglected the responsibility that it owes to the meeting and determine whether the negligence is such that the successor's successor shall be entitled to enter his place.

� 6. The board shall appoint a member who is chairman after Gunnar Nilsson resigned as chairman.

In the election of Chairman of Gunnar Nilsson, no-one shall be entitled to chair more than a twelve-month period at a time unless the Board unanimously decides otherwise.

At the time when Gunnar Nilsson ceases to be a member of the board or the foundation board, the board shall appoint a new foundation board. In such cases, the Board shall appoint new members, taking into account the regulations of the founders in these statutes. In the event that the Board can

� 7. The Board shall appoint an accounting officer.

It is the responsibility of the financial controller to ensure that current accounting, financial statements, tax matters and other legal matters are handled in a professional manner. Furthermore, it is the responsibility of the financial controller to ensure that legal, financial and such documents are filed and stored in the trust bank's trustworthy manner. The financial controller shall not have a family connection with the founders and members appointed by them.

� 8. The members of the Board and any alternate members shall be appointed permanently, unless otherwise stipulated by the Statutes.

� 9. The Board shall appoint a secretary within its own right.

Chapter 3 Board work and responsibility.

� 1. The Board shall meet at least once a year. During the foundation's first year of operation, the foundation shall meet twice, of which one at the constituent meeting.

The board is convened by chairman and by the secretary if the chairman is not present for a longer period or if an urgently important question arises. Notice of a meeting of the Board shall be made shortly no later than 4 weeks before. If a member stating the reason for calling a board meeting, it is the responsibility of the Chairman to call the Board within 4 weeks of the request.

� 2. Voting rights shall be added to the members of the Board.

The Board is deciding when more than half of its eligible or deputy members are present. With regard to resolutions resolving the foundation, all voting members must be present and that the decision is unanimous.

� 3. As regards normal decisions, it is valid that 3/4 of the Foundation's present voting members agree.

Decisions on payments to the destination require absolute majority in the board. As long as Gunnar Nilsson is a member and chairman, he is required to approve payment decisions.

� 4. As regards decisions appointing the chairman and the financial officer, the Board is unanimous.

If a sufficient majority can not be reached within the Board, the matter shall be boarded and addressed at the next Board meeting. In the event that a sufficient majority can not be reached at this second meeting, lottery will be made in case Gunnar Nilsson resigned from the board, otherwise the chairman will cast a ballot.

� 5. The name and company of the foundation shall be signed by the Board of Directors in two. As long as Gunnar Nilsson constitutes the board member of the foundation, Gunnar Nilsson shall be entitled to sign the foundation's company and name. The Board of Directors is entitled to appoint a foundation ombudsman to sign the foundation's name and company.

� 6. The meeting of the Board shall be recorded by the secretary's care. Minutes shall be adjusted by the chairman in association with a board member.

� 7. At the election of the Board members and alternates, this shall be noted in the minutes.

Section 8. It is up to the financial controller to provide information about the financial situation at each board meeting. If the financial officer designates another to perform matters within his / her mission, the board must first approve the person appointed by the financial controller.

� 9. The board of directors of the foundation shall establish rules of procedure for the Board and the activities in general.

� 10. The Board of Directors is entitled, from time to time, to decide on remuneration to members of the Board, but not more than one (1) income base amount each year. The financial controller shall be entitled to receive a fee of a maximum of one (1) income base amount each year, unless otherwise decided by the Board. The fee is paid in arrears in connection with the board meeting. However, the Board does not decide to pay fees that restrict and make it impossible for the Foundation to survive.

Chapter 4 Foundation assets

� 1. The restricted capital of the foundation shall consist of added initial capital. In addition to this, all other capital, return on capital, capital gains on capital, funds or other assets acquired through the Foundation's activities which the foundation may carry out from time to time, as well as funds or other property which are subsequently granted by gift or otherwise provided to the foundation free equity unless the donor prescribes otherwise.

� 2. From the Foundation's annual return and relocation results, compensation for the foundation officers' work shall be paid by 10% each if the respective attendee so wishes. The fee is paid annually in arrears in connection with the board meeting. In case of loss, no fee will be paid to the founders. Of the Foundation's remaining annual return and capital gain, 10% shall be added to restricted equity.

� 3. The Board is responsible for ensuring that all of the Foundation's assets are handled professionally, ensuring that funded funds provide such returns and that tasks, activities, rights and other actions are undertaken and utilized in such a way that current and future commitments and activities can ensured. The Board shall establish a placement policy. The management of the liquid assets may not entail any currency risk and the denomination currency shall consist of Swedish kronor or the currency Sweden has adopted as a currency. The Board shall strive for management to provide predictable results for the next 12-month period. When establishing the investment policy, the Board will seek a high percentage of interest-bearing instruments. The Foundation shall strive for the investments to be made in securities and instruments with the best rating in which good direct yield can be obtained.

The Foundation's administration shall be annually. New management shall be procured as soon as the Board appoints one of the officers to handle the procurement.

Chapter 5 Revision

� 1. The Foundation's fiscal year, including fiscal year, is 1/1 - 31/12.

� 2. At the latest three (3) months after the end of the financial year, the Board shall submit the report for the past year, annual report and forecast with budget for the coming financial year to the Foundation's auditor.

� 3. Within five (5) months after the end of the financial year, an audit report shall be available.

� 4. The foundation shall have an auditor and an auditor's deputy. Both the auditor and the deputy auditor must be authorized.

Chapter 6 Changes to statutes and records

� 1. The Board of Directors is entitled to make decisions regarding the amendment, suspension or breach of the statutes or regulations of the Foundation without the permission of the supervisory authority, Kammarkollegiet or other authority. Decisions are taken unanimously in compliance with Chapter 6. Foundation Act. However, the Board is not entitled to change, cancel or override Chapter 1, Section 3, Chapter 2, Chapter 6, and Chapter 7.

Chapter 7 Other

� 1. Consumption of the Foundation's capital.

The Board is entitled to decide that the fund's restricted capital may be used. However, the tied capital may not be used for more than half during the first 10 years of the foundation's foundation.

� 2 Foundation Act

The Foundation applies at any time to the Foundation Act (1994: 1220) in all respects not governed by these statutes.

� 3. Supervision

The foundation shall not be supervised as stipulated in Chapter 9 of the Foundation Act (1994: 1220).

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