COMMERCIAL COOPERATION (eng)/ КОММЕРЧЕСКОЕ СОТРУДНИЧЕСТВО (rus) ENG Terms of commercial cooperation of IASHE with organizations and individuals Regional partners and the Academy may decide on the advisability of holding individual advertising, presentation, charitable, solemn or general social events (in the respective regions) in full-time format without the purpose of making a profit. Regional partners and the Academy may decide on the advisability of holding individual commercial events (in the respective regions) in full-time format (for example, educational programs, conferences, congresses, exhibitions, festivals, competitions, auctions, sports competitions, etc.). At the same time, income between the parties in such situations will be distributed as follows: - if the expenses of organizing the event are borne by the Academy: partner - 30% of the net profit (income minus expenses), and the Academy - 70%; - if the expenses for organizing the event are borne by the partner: t
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