Cheng Kung University Alumni Association of Greater New York
Chapter 1: Purpose
The purpose of the prize awards established by the Cheng Kung University Association of Greater New York (hereinafter the "Association") is to enhance alumni solidarity and to encourage the members' children to achieve their academic excellence, their development of special talents as well as their sense of community service.
Chapter 2: Recipients and Amount of Prizes
The prize awards to be granted by the Association shall be an annual disbursement of US$ 1,500 to be shared equally by three recipients.
The number of recipients and amount of prizes may be revised by the Board of Directors of the Association (hereinafter the "Board") from time to time, in accordance with the needs thereof.
Chapter 3: Review Committee
The Review Committee (hereinafter the "Committee") shall be made of five members, consisting the President of the Association and four active Directors, to be elected by the Directors. The President of the Association shall serve as ex officio member and the Chairman of the Committee thereof. Each member shall hold office for two years until the board elects new members and/or until his/her successor is elected and qualified, or until his/her prior resignation or removal as an active Board member. In the event of vacancy by any member before his/her term expires, the newly elected succeeding member shall hold the office until the term of the vacated member expires thereof.
The first Committee shall consist of two elected members who shall hold his/her office for only one year.
In the event that a Director's child/children is/are eligible to be a condidate(s) of the prize award herein, he/she may not serve on the Committee and shall be replaced by an alternate Director for the year concerned thereof. The child/children of the incumbent President of the Association shall not be eligible for