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foundation_person_agreement
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foundation_person_agreement
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Foundation associated persons such as staff, contractors, business entities and board members ("foundation person(s)") of the Mastercoin Foundation, Inc. ("the foundation") shall agree to the following terms regarding accounts and data, in order to ensure the proper functioning of tools that the foundation makes use of for its administration and operations.
"Operational account(s)" are defined as any account created for the sole purpose of foundation operations, administration, communications, IT services such as, but not limited to, social network accounts, email accounts, CRM, hosting accounts, support applications and other online tools used for foundation operations. Excluded are private accounts owned by foundation persons and accounts owned by other persons or corporations which are used for providing services to the foundation, and for which the foundation has not paid or reimbursed the the foundation person for said account(s).
"Foundation data" is defined as data which is required for the administration or operations of the foundation.
Upon seperation from the doundation a foundation person will make effort in good faith to transfer administrative rights or ownership to an active foundation associated person for operational accounts created while serving in the capacity of a foundation association person, and for operational accounts which the foundation has reimbursed the foundation person for during which that person was a foundation person.
In the case of incapacity due to death or disability the foundation person gives the foundation the right to represent them for this purpose and execute this agrement for transfer of administrive or ownership rights on his or her behalf.
In the case of incapacity due to death or disability resulting in an inability to transfer the operational account(s) the former foundation person, his guardians and estate, will not be held financially liable.
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For example, if an accountant working in the capacity of a foundation associated person uses an online accounting software as a service to generate and file year end statements, and the accountant seperates from the foundation, then the obligation would be to provide access to foundation data, but not to the accounts for the online accounting software unless the account for the online accounting software was explicity created only for the foundation and not as part of a service that the accountant was providing to the foundation.
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