1 member
ERACORP is a conglomerate of several industries and was created to be a member owned company through and through. Under the umbrella that is ERACORP, industries such as mining, salvage, transportation and even bounty hunting are all included in our service scope. There is a place and a purpose for EVERY career path here at ERACORP.
ERACORP, being member owned, means that any contract we accept will be handled to the highest of standards and efficiency.
ERACORP’s mission is to provide a profitable opportunity for anyone, at any skill level, in any industry. We offer the very best service because we focus on the growth and potential of all our members. That commitment to our own will show through in our attention and commitment to every contract.
Tell us what you need and ERACORP WILL DELIVER.
The Director (CEO) runs all aspects of the corporation with the primary goal to grow and earn profits for the corporation and its members.
Board Members are those members who, aside from attaining Member rank within the organization, are also share holders in the corporation.
Managers are responsible for the divisions within the ERACORP organization.
The Treasurer will be responsible for financial aspects of the org.
Members will be promoted to Senior Member status only upon recommendation of other senior staff and sign off by a Manager. This should be held as a recognition of service and efforts by the member over time.
Once an Associate has been promoted to full member status, they will be eligible to receive a full member share of net profits when in service. Members will be expected to continue to prove themselves in their efforts and their value to the org.
Associates will be expected to prove their value to the org before being promoted to full membership status. Associates will be required to earn for the org without guaranteed compensation. Upon recommendation of other members, the Associate may be promoted to member and begin earning an equal share of net profits (when in service).
Members in service of contracts will split 90% of net profits. The org retains 10%
To earn a share of member profits, members will need to be in service or actively participating at the time the profits are earned.
The org share, at 10% of net profits, will be used primarily for acquiring new assets and upgrades. These investments will further increase the profit potential for the org and its members.
As a member, you will be expected to contribute 10% of net profits ONLY when using org assets or in service of the org. Profits earned outside of group efforts and without the use of org assets are not subject to this 10% contribution.
The org share is meant to reflect the value of assets made available to members to increase their earning potential.
Org owned assets (designated) will be available for use by org members. Org assets used in service for earning profits for the org will have expenses paid from profits before the org or members take their shares.
Members will be expected to return ships and vehicles to full operational status before placing them into storage. Remember to RRR (Refuel, Repair, and Rearm).
Members will seek to remain lawful in their efforts to earn profits and any outstanding bounties or fines paid in full before entering service.
Members will not deliberately cause harm to other members, other members’ assets, or org assets. This includes any infraction that leads to financial loss to other members and/or the org. Doing so may lead to suspension or termination from the org.
If there is ever cause for an infraction against the org by a member to be addressed, a tribunal of other members may be formed to determine discipline (if any) for the infraction(s). A tribunal of at least 3 members should determine if discipline, in the form of a warning, fine, suspension or termination, is necessary and vote. A majority vote of the tribunal members will carry the decision. Refusal by the member(s) to follow the decision of the tribunal will result in termination of the member(s) from the org without further compensation and/or severance.
The Director reserves the right to control over org owned assets. This includes buying or selling org assets.
The Director reserves the right to place members of his choosing into positions within the org or remove members from positions within the org. The Director reserves the right to promote or demote members.
The Director reserves the right to all branding and recruitment. At his discretion, some of this responsibility may be given to members to manage.
The value of the org is based on its assets, including ships, vehicles, and org funds.
The growth of the org will be created through the combined efforts of all members. Profits earned by the org, contributed by members through the 10% org share, will be included in this growth. Along with this there are any assets, including ships/vehicles, upgrades, equipment, land claims, etc., purchased using org funds.
The org share at 10% of net profits will be placed into the org funds and used for expenses, upgrades, and acquiring new assets.