Nexus Constitution

Article I: Name and Purpose

1.1 Name: The name of this organization shall be Nexus.

1.2 Mission Statement: At Nexus, our mission is to empower students with immersive consulting experience learning experiences, cultivating practical skills through engagement with real-world clients.

1.3 Vision Statement: We will provide consulting services in the areas of business/economic/analytics, research, public policy, international affairs, public health, and international business.

Article II: Values

2.1 Integrity: We uphold the highest standards of integrity in all our interactions, ensuring honesty, transparency, and ethical behavior in every aspect of our work.

2.2 Excellence: We strive for excellence in everything we do, pursuing continuous improvement, innovation, and quality in our services to exceed the expectations of our clients and stakeholders.

2.3 Collaboration: We embrace collaboration as a fundamental principle, fostering teamwork, respect, and open communication to leverage the diverse talents and perspectives of our team members and clients

2.4 Accountability: We hold ourselves accountable for our actions and decisions, taking ownership of our responsibilities and commitments to deliver results with diligence and professionalism.

2.5 Empowerment: We empower our team members to take initiatives, learn, and grow, providing opportunities for development, recognition, and advancement to realize their full potential.

Article III: Governance

3.1 Analysts:

3.1.1 Onboarding: Analysts shall be onboarded by their respective Project Managers, who will oversee their training and integration into project teams. Upon joining Nexus, analysts shall undergo orientation sessions to familiarize themselves with company policies, procedures, and expectations.

3.1.2 Responsibilities: Analysts shall be responsible for supporting project teams through research, data analysis, and other tasks as assigned by their Project Managers. They shall collaborate closely with team members to contribute to the successful execution of projects.

3.2 Project Managers:

3.2.1 Onboarding: Project Managers shall be onboarded by their respective Segment Managers, who will provide guidance and support during the transition period. Project Managers shall receive training on project management methodologies, client communication, and other relevant skills.

3.2.2 Responsibilities: Project Managers shall oversee the planning, execution, and completion of projects within their divisions. They shall lead project teams, allocate resources, and ensure adherence to project timelines and budgets. Project Managers shall report to their Segment Managers on project progress, issues, and risks.

3.3 Segment Managers:

3.3.1 Onboarding: Segment Managers shall be onboarded by their Directors, who will provide guidance on divisional goals, objectives, and expectations. Segment Managers shall receive training on leadership, team management, and divisional strategy.

3.3.2 Responsibilities: Segment Managers shall oversee the performance and operations of their divisions, including project management, client relationships, and resource allocation. They shall lead and mentor Project Managers, provide guidance on project execution, and ensure divisional goals are met. Segment Managers shall report to their Directors on divisional performance, challenges, and opportunities.

3.4 Directors:

3.4.1 Onboarding: Directors shall be onboarded by the Managing Partners, who will provide an overview of company policies, culture, and expectations. Directors shall receive training on leadership, team management, and departmental strategy.

3.4.2 Responsibilities: Directors shall oversee the performance and operations of their departments, including personnel management, budgeting, and strategic planning/sourcing. They shall lead and mentor Analysts and Project Managers within their departments, provide guidance on project execution, and ensure departmental goals are met. Directors shall report directly to the Managing Partners on departmental performance, challenges, and opportunities.

3.5 Managing Partners:

3.5.1 Role: Managing Partners play a pivotal role within Nexus Consulting Firm, serving as leaders and decision-makers responsible for guiding the strategic direction and overall management of the organization. Their primary responsibilities include:

3.5.2 Strategic Leadership: Managing Partners are responsible for setting the strategic direction of Nexus, defining long-term goals, and developing plans to achieve organizational objectives.

3.5.3 Operational Oversight: Managing Partners oversee the day-to-day operations of Nexus, ensuring that all activities are conducted in accordance with company policies, procedures, and ethical standards.

3.5.4 Financial Management: Managing Partners are responsible for financial management and oversight, including budgeting, financial planning, and monitoring of financial performance.

Business Development: Managing Partners play a key role in business development efforts, including identifying new opportunities for growth, nurturing client relationships, and pursuing strategic partnerships.

3.5.5 Decision-Making: Managing Partners are empowered to make critical decisions on behalf of Nexus, including but not limited to hiring and termination of employees, approval of projects, and allocation of resources.

3.5.6 Governance: Managing Partners are responsible for establishing and maintaining governance structures within Nexus, ensuring compliance with legal and regulatory requirements, and promoting transparency and accountability throughout the organization.

3.5.7 Representation: Managing Partners serve as the public face of Nexus, representing the organization in external communications, meetings, and events, and promoting Nexus's mission, values, and reputation.

3.5.8 Team Leadership: Managing Partners provide leadership and guidance to all levels of management and employees within Nexus, fostering a culture of collaboration, innovation, and continuous improvement.

3.6 Executive Board

3.6.1 Responsibilities: Each member of the Executive Board (E-Board) shall have voting powers on matters brought before the board (see entire constitution for circumstances and parameters of each vote).

3.6.2 Attendance Expectations: E-Board members are expected to attend all scheduled meetings unless prevented by extenuating circumstances. If unable to attend, members are required to notify the Chairperson or Secretary in advance. Consistent absence from meetings without valid reasons may result in removal from the E-Board.

3.7 Delegation and Reporting Responsibilities:

3.7.1 Each level of management shall be responsible for delegating tasks, monitoring performance, and reporting progress to the appropriate higher-level authority. Regular communication and collaboration shall be encouraged to ensure alignment of goals and objectives throughout the organization. Additionally, all levels of management shall adhere to the principles of transparency, accountability, and professionalism in their interactions and decision-making processes.

3.8 Amendments to Governance:

3.8.1 Any proposed amendments to the governance structure outlined in this section shall be submitted to the E-Board and Managing Partners for review and approval. Amendments shall be communicated to all relevant parties and implemented in accordance with company procedures. All governance procedures shall be held by the Managing Partners and E-Board in accordance with the Organization Charts.

3.9 Enforcement:

3.9.1 Non-compliance with the governance structure outlined in this section may result in disciplinary action, up to and including termination of employment. Decisions regarding enforcement shall be made by the Managing Partners based on a review of the circumstances and severity of the violation.

Article IV: Operations

4.1 Client Focus: Nexus shall prioritize the needs and interests of our clients, striving to understand their objectives, challenges, and aspirations to deliver tailored solutions that add value and drive positive outcomes.

4.2 Professionalism: Nexus team members shall conduct themselves with professionalism and courtesy at all times, respecting confidentiality, intellectual property rights, and the trust placed in us by our clients and partners.

4.3 Continuous Learning: Nexus shall foster a culture of continuous learning and development, providing opportunities for training, mentorship, and knowledge-sharing to enhance the skills and capabilities of our team members.

4.4 Social Responsibility: Nexus recognizes its responsibility to contribute positively to society and the environment, engaging in sustainable practices, corporate social responsibility initiatives, and community outreach efforts to make a meaningful difference in the world.

Article V: Termination

5.1 Termination Processes

5.1.1 Initiation: Any superior officer within Nexus may initiate the termination process for an employee by providing written notice to the Human Resources department (see org form). The notice should include the reasons for termination and any supporting documentation.

5.1.2 Evaluation: Upon receipt of the termination notice, the Human Resources department shall conduct an initial evaluation of the circumstances surrounding the proposed termination. They may gather additional information from relevant parties and conduct investigations as necessary.

5.1.3 E-Board Vote: If the termination is deemed warranted by the Human Resources department, the matter shall be brought before the Executive Board (E-Board) for consideration. A 4/5 vote of the E-Board members shall be required to proceed with the termination process.

5.1.4 Managing Partners Vote: Following approval by the E-Board, the termination proposal shall be presented to the Managing Partners for final review and approval. A 2/3 majority vote of the Managing Partners shall be required to finalize the termination decision.

5.1.5 Notice of Termination: Upon approval by both the E-Board and Managing Partners, the employee in question shall be provided with written notice of their termination, including the reasons for termination and the effective date of termination. The notice shall be delivered by the Human Resources department.

5.1.6 Transition Support: Nexus shall provide appropriate transition support to the terminated employee, including assistance with job placement, access to counseling services, and guidance on accessing benefits.

5.1.7 Compliance with Employment Laws: All termination decisions shall comply with relevant employment laws and regulations governing termination procedures, including but not limited to notice periods, severance pay, and final paycheck requirements.

5.1.8 Documentation: Nexus shall maintain detailed records of all termination proceedings, including the reasons for termination, supporting documentation, and the outcome of E-Board and Managing Partners votes. These records shall be kept confidential and stored securely.

5.1.9 Appeals Process: Employees who disagree with the termination decision may appeal to the Managing Partners within a specified timeframe (see termination notice). The Managing Partners shall review the appeal and make a final determination on the matter. Unanimous vote is necessary to overturn a termination decision.

Article VI: Amendment Process

6.1 Amendment Process: This constitution may be amended by a three-fourths majority vote of Nexus Managing Partners, provided that proposed amendments are circulated in advance and given due consideration by the E-Board.

6.2 Any action by the Managing Partners may be overridden by a unanimous vote of E-Board and one Managing Partner vote.

6.3 Termination of a Managing Partner may occur with a unanimous E-Board vote and three Managing Partner votes. Termination of an E-Board Member may occur with a unanimous Managing Partner vote

6.4 Only E-Board or Managing Partners members may bring forward votes to alter the constitution. Only Managing Partners may alter the organizational structure with a unanimous vote.

Article VII: Adoption and Ratification

7.1 Adoption: This constitution shall come into effect upon approval by a two-thirds majority vote of Nexus Managing Partners and shall supersede any other documents or agreements governing the organization.

Equity Terms

Eligibility Requirements:

C-Suite or Directors are entitled to equity
Must be currently engaged in the role to maintain equity position

If no longer engaged by Nexus, the Board retains the right to buy back equity at the most recent valuation.
When first engaged by Nexus, a unbiased third party will value the company. Member is expected to buy into their equity role thus assuming the same risk as all other partners

Each role has a cap on how much equity they are entitled to

Equity Tiers & Respective Ceilings

Founder/Managing Partner - 30%
Partner (Director, New C-Suite) - Evenly divided by what is remaining and up to 10%
New Investors:

Nexus Constitution

Article I: Name and Purpose

1.1 Name: The name of this organization shall be Nexus.

1.2 Mission Statement: At Nexus, our mission is to empower students with immersive consulting experience learning experiences, cultivating practical skills through engagement with real-world clients.

1.3 Vision Statement: We will provide consulting services in the areas of business/economic/analytics, research, public policy, international affairs, public health, and international business.

Article II: Values

2.1 Integrity: We uphold the highest standards of integrity in all our interactions, ensuring honesty, transparency, and ethical behavior in every aspect of our work.

2.2 Excellence: We strive for excellence in everything we do, pursuing continuous improvement, innovation, and quality in our services to exceed the expectations of our clients and stakeholders.

2.3 Collaboration: We embrace collaboration as a fundamental principle, fostering teamwork, respect, and open communication to leverage the diverse talents and perspectives of our team members and clients

2.4 Accountability: We hold ourselves accountable for our actions and decisions, taking ownership of our responsibilities and commitments to deliver results with diligence and professionalism.

2.5 Empowerment: We empower our team members to take initiatives, learn, and grow, providing opportunities for development, recognition, and advancement to realize their full potential.

Article III: Governance

3.1 Analysts:

3.1.1 Onboarding: Analysts shall be onboarded by their respective Project Managers, who will oversee their training and integration into project teams. Upon joining Nexus, analysts shall undergo orientation sessions to familiarize themselves with company policies, procedures, and expectations.

3.1.2 Responsibilities: Analysts shall be responsible for supporting project teams through research, data analysis, and other tasks as assigned by their Project Managers. They shall collaborate closely with team members to contribute to the successful execution of projects.

3.2 Project Managers:

3.2.1 Onboarding: Project Managers shall be onboarded by their respective Segment Managers, who will provide guidance and support during the transition period. Project Managers shall receive training on project management methodologies, client communication, and other relevant skills.

3.3 Segment Managers:

3.3.1 Onboarding: Segment Managers shall be onboarded by their Directors, who will provide guidance on divisional goals, objectives, and expectations. Segment Managers shall receive training on leadership, team management, and divisional strategy.

3.4 Directors:

3.4.1 Onboarding: Directors shall be onboarded by the Managing Partners, who will provide an overview of company policies, culture, and expectations. Directors shall receive training on leadership, team management, and departmental strategy.

3.5 Managing Partners:

3.5.1 Role: Managing Partners play a pivotal role within Nexus Consulting Firm, serving as leaders and decision-makers responsible for guiding the strategic direction and overall management of the organization. Their primary responsibilities include:

3.5.2 Strategic Leadership: Managing Partners are responsible for setting the strategic direction of Nexus, defining long-term goals, and developing plans to achieve organizational objectives.

3.5.3 Operational Oversight: Managing Partners oversee the day-to-day operations of Nexus, ensuring that all activities are conducted in accordance with company policies, procedures, and ethical standards.

3.5.4 Financial Management: Managing Partners are responsible for financial management and oversight, including budgeting, financial planning, and monitoring of financial performance.

Business Development: Managing Partners play a key role in business development efforts, including identifying new opportunities for growth, nurturing client relationships, and pursuing strategic partnerships.

3.5.5 Decision-Making: Managing Partners are empowered to make critical decisions on behalf of Nexus, including but not limited to hiring and termination of employees, approval of projects, and allocation of resources.

3.5.6 Governance: Managing Partners are responsible for establishing and maintaining governance structures within Nexus, ensuring compliance with legal and regulatory requirements, and promoting transparency and accountability throughout the organization.

3.5.7 Representation: Managing Partners serve as the public face of Nexus, representing the organization in external communications, meetings, and events, and promoting Nexus's mission, values, and reputation.

3.5.8 Team Leadership: Managing Partners provide leadership and guidance to all levels of management and employees within Nexus, fostering a culture of collaboration, innovation, and continuous improvement.

3.6 Executive Board

3.6.1 Responsibilities: Each member of the Executive Board (E-Board) shall have voting powers on matters brought before the board (see entire constitution for circumstances and parameters of each vote).

3.7 Delegation and Reporting Responsibilities:

3.8 Amendments to Governance:

3.9 Enforcement:

3.9.1 Non-compliance with the governance structure outlined in this section may result in disciplinary action, up to and including termination of employment. Decisions regarding enforcement shall be made by the Managing Partners based on a review of the circumstances and severity of the violation.

Article IV: Operations

4.1 Client Focus: Nexus shall prioritize the needs and interests of our clients, striving to understand their objectives, challenges, and aspirations to deliver tailored solutions that add value and drive positive outcomes.

4.2 Professionalism: Nexus team members shall conduct themselves with professionalism and courtesy at all times, respecting confidentiality, intellectual property rights, and the trust placed in us by our clients and partners.

4.3 Continuous Learning: Nexus shall foster a culture of continuous learning and development, providing opportunities for training, mentorship, and knowledge-sharing to enhance the skills and capabilities of our team members.

4.4 Social Responsibility: Nexus recognizes its responsibility to contribute positively to society and the environment, engaging in sustainable practices, corporate social responsibility initiatives, and community outreach efforts to make a meaningful difference in the world.

Article V: Termination

5.1 Termination Processes

5.1.1 Initiation: Any superior officer within Nexus may initiate the termination process for an employee by providing written notice to the Human Resources department (see org form). The notice should include the reasons for termination and any supporting documentation.

5.1.2 Evaluation: Upon receipt of the termination notice, the Human Resources department shall conduct an initial evaluation of the circumstances surrounding the proposed termination. They may gather additional information from relevant parties and conduct investigations as necessary.

5.1.3 E-Board Vote: If the termination is deemed warranted by the Human Resources department, the matter shall be brought before the Executive Board (E-Board) for consideration. A 4/5 vote of the E-Board members shall be required to proceed with the termination process.

5.1.4 Managing Partners Vote: Following approval by the E-Board, the termination proposal shall be presented to the Managing Partners for final review and approval. A 2/3 majority vote of the Managing Partners shall be required to finalize the termination decision.

5.1.6 Transition Support: Nexus shall provide appropriate transition support to the terminated employee, including assistance with job placement, access to counseling services, and guidance on accessing benefits.

5.1.7 Compliance with Employment Laws: All termination decisions shall comply with relevant employment laws and regulations governing termination procedures, including but not limited to notice periods, severance pay, and final paycheck requirements.

5.1.8 Documentation: Nexus shall maintain detailed records of all termination proceedings, including the reasons for termination, supporting documentation, and the outcome of E-Board and Managing Partners votes. These records shall be kept confidential and stored securely.

Article VI: Amendment Process

6.1 Amendment Process: This constitution may be amended by a three-fourths majority vote of Nexus Managing Partners, provided that proposed amendments are circulated in advance and given due consideration by the E-Board.

6.2 Any action by the Managing Partners may be overridden by a unanimous vote of E-Board and one Managing Partner vote.

6.3 Termination of a Managing Partner may occur with a unanimous E-Board vote and three Managing Partner votes. Termination of an E-Board Member may occur with a unanimous Managing Partner vote

6.4 Only E-Board or Managing Partners members may bring forward votes to alter the constitution. Only Managing Partners may alter the organizational structure with a unanimous vote.

Article VII: Adoption and Ratification

7.1 Adoption: This constitution shall come into effect upon approval by a two-thirds majority vote of Nexus Managing Partners and shall supersede any other documents or agreements governing the organization. Equity Terms

Signed March 18th, 2024 by at least two-thirds of Managing Partners:

Sam Loiterstein, Ali Aslam, Pedro Ferreira

CONNECT WITH US:

7.1 Adoption: This constitution shall come into effect upon approval by a two-thirds majority vote of Nexus Managing Partners and shall supersede any other documents or agreements governing the organization.

Equity Terms