Board Resolution Adopted on [DATE]

The undersigned, being all the directors of [Company name], hereby sign the following amended resolutions:

RESOLVED THAT:

1.The financial statements of the corporation for the fiscal year ended [Month and day], prepared by [Accountant’s name], Chartered Accountants, under their comments dated [Date], are approved which approval shall be evidenced by signature of the balance sheet.

OR

2.The financial statements of the corporation for the fiscal year ended [Month and day], prepared by [Auditors’ names], under their audit report dated [Date], are approved, which approval shall be evidenced by signature of the balance sheet.

3.The approved financial statements be placed before the annual meeting of shareholders of the corporation.

4.[Accountants] are appointed the accountants of the corporation for the current fiscal year.

5.By-Law No. [Number] is passed as a by-law of the corporation to be placed before a meeting of shareholders of the corporation for confirmation.

6.The application to amend the Articles of Incorporation [OR Letters Patent] of the corporation in the draft form appended as Schedule A to these resolutions is approved to be placed before a meeting of shareholders of the corporation for confirmation.

7.The corporation sells substantially all its assets to [Purchaser name] in accordance with the draft agreement of purchase and sale appended as Schedule A to these resolutions.

8.[Chairman name] is elected as Chairman of the Board of Directors.

9.A dividend of [Amount] per share is declared on the issued [Class name] shares of the corporation held by the [Class name] shareholders of record as of this date.

10.The salary of the [Officer] of the corporation is fixed at [Amount] per annum effective [Date].

11.The corporation executes the [Contract/instrument] in the draft form appended as Schedule A to these resolutions.

12.The transfer of [Number and class of shares] from [Transferor name] to [Transferee name] is approved.

13.The address of the head [OR registered] office of the corporation is changed to [New address].

[DIRECTOR NAME] [DIRECTOR NAME]