BOARD RESOLUTION ADOPTED ON [DATE]

          © Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States & Canada and by international treaties. IT IS ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.

             

© Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties. IT IS ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL AUTOMATICALLY BE SUED IN A COURT OF LAW.

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]