§1    OCEANS Network unites people with diverse academic backgrounds between the EU countries and the USA, Canada, Australia, New Zealand, Japan and South Korea. The OCEANS Network does not only benefit from the community, but is also willing to shape it.

§2    The core values of the OCEANS Network incorporate equivalence, interest, understanding, tolerance and progressiveness. The core of OCEANS Network is to bring people together in the context of these values.   

ARTICLE 3: Mission

§1    The mission of the OCEANS Network is to serve the interests of its members by providing a forum for networking, communication and collaboration, and by promoting intercontinental exchange.

§1    The Coordinating Board represents the executive power of the Network.

§2    The Coordinating Board shall consist of:
      a.    President of the OCEANS Network
      b.    Communications Coordinator
      c.    Events Coordinator
      d.    Magazine Coordinator
      e.    Regional Coordinators respective to the following regions.
          -    Australia
          -    Canada
          -    Japan
          -    South Korea
          -    USA
          -    European Union

Given the dynamic structure of the NETWORK, some positions are allowed to stay open, depending on the level of necessity for the network.

§3    Meetings, be it direct form or through conference calls, of the Coordinating Board shall be documented in form of minutes, which contain a list of participants, key discussion points and all formal decisions.

§4    Coordinating Board meetings may be called by the President, or by a motion supported by a simple majority of the Coordinating Board members. The President is in charge of scheduling these meetings and the preparation of an agenda.

§5    The Coordinating Board shall convene meetings in person, between two and four times a year.

§6    Participation in meetings of the Coordinating Board is mandatory for all members of the Board. In case of force majeure absentees are required to inform the President, in writing, prior to the meeting, of any reasons for their inability to participate.

§7    Decisions of the Coordinating Board are made with the simple majority of votes, unless specified otherwise in this Statute. Each member of the Coordinating Board has one vote. In case of a tied vote, the President’s vote counts double. For decisions of the Coordinating Board to be valid, all members must be informed beforehand and at least two-thirds of Coordinating Board members must participate in the vote.

§8    The members of the Coordinating Board are elected by the members of OCEANS Network. The duration of a mandate is approximately one year, and will be fixed between consequent Annual General Meetings. A Board member can occupy a position in the Coordinating Board not longer than two mandates; however, it is possible to take on another position within the Board for a maximum of two mandates.

§9    The President is the primary representative of the Network in external affairs, in particular regarding the cooperation with the European Commission's Directorate General for Education and Culture, and the Service Provider. The President chairs the Annual General Meeting, meetings of the Coordinating Board and any Liaison Group meetings. The President has the responsibility to ensure the overall performance and regular operation of the Network with the assistance of the Coordinating Board.

§10    Regional Coordinators have the responsibility to assist prospective OCEANS Network members, students, to strengthen the OCEANS Network in their respective region and to promote the OCEANS concept in general.

§11     Should a member of the Coordinating Board feel that a conflict of interest may arise in relation to their employment or other activities, then they should fully disclose this as soon as the issue arises. A failure to do so may be grounds for dismissal from their role in the Coordinating Board, subject to a two-thirds vote of the Coordinating Board.

§1    OCEANS Network recognises the role and support of the European Commission’s Directorate-General for Education and Culture, in particular the facilitation of services provided via a contracted Service Provider.

§2    The Coordinating Board reserves the right to invite representatives from the Service Provider to participate in Board meetings and other OCEANS events and meetings whenever it deems necessary.

§3    While representatives from the Service Provider are welcome to attend any meeting of an organisational unit within the OCEANS Network and to participate in discussions, they do not hold any voting rights within the OCEANS Network.