Operational Procedures

### Buybacks and Contracts

Lot 52 Board Members are authorized to pay any pilot 90% of the current Jita price for items totaling over 5000m3 . Buybacks are to be pasted into Evepraisal, and then issued to our corporation from pilot hangars as item exchanges, with the appraisal link in the description. Details on exactly how to do this are listed in our corporate bulletins.

Contracts outside of buybacks in Lot 52 are primarily used as receipts, showing who authorized a transaction and who accepted it. Partners requesting a ship from Board Members are contracted that ship on behalf of the corporation, and accept it personally. This way, individual ships can be tracked to who the lender and borrower was. Equally, Rising Partners can request a ship from Partners, who in their turn can contracts those ships to them on behalf of the corporation (though will need Board Member authorization). Though Partners technically can accept their own buyback contracts, policy demands they be approved by Management only.

### Lost Ships and Used Resources

As per our Hangar Inventory, there must be a persistent number fits available at all times in all the hangars. When a ship is lost, it is replaced (via backstock, manufacture, or purchase), and its costs are deducted from the various wallets used to source it. Since monthly profits are divided among members of Lot 52, any lost ship means a lower dividend payment. Therefore, corporate ships should be seen as a bonus and a privilege, and pilots should work to fit their own ships as soon as possible, to avoid losses to Lot 52 as a collective.

Pilots who repeatedly lose ships contracted to them may temporarily have their contracting privileges revoked. Equally, Partners or Board Members who consistently contract ships that disappear regularly without killmail may have their contracting privileges revoked as well. Corporation killmails are checked against contracts monthly.

Blueprint copies can be used by all pilots to manufacture items, either for the corporation, or for themselves. Manufacturing sources are provided by the corporation, and contributed into by all pilots. It is suggested that pilots manufacturing goods for their own use donate the used minerals back into the **LOOT AND DONATIONS** hangar, or at least a portion of them: the monthly inventory accounts for a stockpile of minerals, and ores donated to the corporation are reprocessed until those stockpiles are full. Only once these quotas are met do additional ores get sold. Salvage stockpiles have no quotas.

Pilots can request individual blueprint copies be given to them by a Board Member. The Board will consider individual requests and unlock on a case by case basis.

### Wallets

The wallets are divided thus. Most are only for use by Management, their listing here only for transparency. Their exact monthly reset amounts are written in our corp Bulletins.

* **Master Wallet -** This is where the internal fund of Lot 52 is kept, and where 50% of monthly profits are stored. This is also where corporate taxes are sent (Senior Management Only)
* **Mining and Manufacture -** Select this wallet when reprocessing ores or materials, manufacturing, or researching. (Partners and Management)
* **Contracts and Buybacks -** For loaning ships to member, taking on or putting out a contract for the corp, or buying from the contract market. (Management, Partners [with authorization])
* **Corp Ships Fund -** This wallet is the backup fund to replace destroyed corporate fits usually available to our pilots (Management Only)
* **Market Fund -** Select this wallet when buying or selling on behalf of the corporation, be it for proper sales or market deals. (Partners and Management)
* **Community Fund (50M Allowance) -** Select this wallet as a bit of free "play money." Consider it an expense account. (All Pilots)
* **Autopay -** This wallet is used to pay our office rental bills and infrastructure. (Management Only)

Monthly, these wallets are balanced to/from the Master Wallet to return to preset figures. The leftover funds are our net profits, which are redistributed between the corp and its members.