RULES OF EMPLOYEES’ SHAREHOLDING ASSOCIATION
OF INTERNET INITIATIVE JAPAN GROUP
(Name and Nature of the Association)
(Qualification of the Members)
Article 1. This association shall be called the “Employees’ Shareholding Association of Internet Initiative Japan
Group (hereinafter called the “Association”)”.
2 The Association shall be organized as a “kumiai (partnership)” under Article 667, Paragraph 1 of the Civil
Code of Japan. Investments in the Association shall consist of contributions under Article 5, Paragraph 2
and 3 (including Article 12), incentives under Article 7, and dividends and interim dividends under Article
Article 2. The objectives of the Association are to facilitate the acquisition of the Shares of Internet Initiative
Japan Inc. (hereinafter called the “Shares”) by contributions mentioned in the preceding Article,
Paragraph 2 by the employees of Internet Initiative Japan Inc., IIJ Technology Inc., IIJ Financial
Systems Inc., Net Care, Inc., Net Chart Japan Inc. and hi-ho Inc. (hereinafter called collectively the
“Company”) and to assist their asset formation.
Article 3. The membership shall be limited to the employees of the Company.
Article 4. Employees of the Company desiring to become members may enter the Association by applying to the
Chairman between July 1 and July 7or between January 1 and January 7 of each year, and shall
become members from July or January of that year, respectively.
Article 5. One unit of contribution shall be JPY 1,000.
2 As investments in the Association, the members shall make contributions of a fixed number of units, each
month within no more than 10% of their monthly salary, and at the time of the bonuses, a sum of units
equal to 3 times the monthly contributions.
3 In the following events, the members may make special contributions, as investments in the Association, in
addition to those under the preceding Paragraph: