Article I: Establishment of the Agency
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1.
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A European
organisation, called the "European Space Agency", hereinafter referred to as "the
Agency", is hereby established.
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2.
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The members
of the Agency, hereinafter referred to as "Member States", shall be the
States which are parties to this Convention in accordance with Articles XX
and XXII.
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3.
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All Member
States shall participate in the mandatory activities referred to in Article
V.1 (a) and shall contribute to the fixed common costs of the Agency,
referred to in Annex II.
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4.
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The
Headquarters of the Agency shall be situated in the Paris area.
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