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Terms and Conditions

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CODE OF MEMBERSHIP

The Purpose of this Code


This Code is intended to outline and clarify some of the key
issues that might affect a Member's relationship with the Chamber. It is always
hoped that the terms of this Code will never need to be utilised by the Chamber
in respect of a particular Member, but occasionally things do go wrong and it
is in these situations where clarity with regard to the relationship proves to
be vitally important for both parties.

This Code does not provide an exhaustive list of obligations
of membership, and the Code does not preclude the Chamber from doing anything
(including deciding not to take a particular course of action) to which it is
entitled under its Memorandum or Articles of Association, or by rule of law or
statute or otherwise.

Some Definitions for this Code

Member - means a member of the Chamber, and such member
might be an individual, a member of a partnership firm, or a body corporate
that are each and all listed in the Register of Members of the Chamber.

Chamber - means the Suffolk Chamber of Commerce Industry
& Shipping Incorporated, and may, from time to time, consist of a
President, a Board, a Member's Council, Executive Officers (including the Chief
Executive) and Members.

Code - means the Code of Membership presently in force, and
which may change from time to time, and at the sole option of the Chamber.

Member's Obligations

The Member shall always act in the best interests of the Chamber

The name, reputation and goodwill of the Chamber are all
vitally important to the Chamber and the Member shall not do anything, nor
shall it fail to do something, that will have, or is
likely to have, a negative effect on such name, reputation or goodwill.

Likewise, the Chamber has numerous intellectual property
rights and other proprietary rights that are all of vital importance to it, and
the Member shall not do anything, nor shall it fail to do something,
that
will have, or is likely to have, a negative effect on such
intellectual property rights or other proprietary rights.

A Member must pay its subscriptions, and any other payments,
to the Chamber on or before the due date.

A Member may terminate membership by giving notice in
writing at least three months before the day when his subscription shall next
be due. If no such notice is received the Member shall be liable for the
subscription for the ensuing year, which shall be a debt due to and legally
recoverable by the Chamber.

Insolvency, Bankruptcy and Death

If a Member is adjudged insolvent or bankrupt, or enters
receivership or administrative receivership, or makes a composition or
arrangement with its creditors under the provisions of any statute or rule of
law, then the Chamber may, at its own option, terminate the membership of that
Member, and such termination may be with immediate effect.

An individual Member shall cease to be a Member on his/her
death or if he/she becomes mentally infirm.

Criminal Offences

If a Member is charged with a criminal offence then the
Chamber may, at its own option, suspend the membership of that Member, and such
suspension may be with immediate effect.

If a Member is convicted of a criminal offence then the
Chamber may, at its own option, terminate the membership of that Member, and
such termination may be with immediate effect.

Possible Sanctions

Failure by the Member to comply with any element of this
Code will provide sufficient grounds for the Chamber to terminate the
membership of that Member.

For the avoidance of doubt, any Member that is overdue on
its subscription, or any other payment to the Chamber, may, at the Chamber's
option, have its membership suspended (until full payment has been made) or
terminated. In both instances the Member remains liable to the Chamber for the
arrears.

Effect of Suspension and Termination

A Member that has had its membership suspended is not
entitled to any refund of its subscription to the Chamber for the period of the
suspension.

A Member that has had its membership terminated is not
entitled to any refund of its subscription to the Chamber.

Any sanction or remedial action at the disposal of the
Chamber under this Code is an additional right to any alternative sanction,
remedial action, legal action, or other action that the Chamber may take in
respect of that Member.

Any person or organisation shall, on ceasing to be a Member,
forfeit all rights to utilise, without limitation, the name, insignia, logo,
goodwill, products or services of the Chamber in connection with its business,
personal or social activities.

Changes to the Code

This Code may be changed from time to time by the Chamber.
The Chamber will provide each Member with reasonable notice that the Code has
changed, together with details of where the Member can view such changes.