Board Resolution Adopting the Realigned [20XX-XX] Budget

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

BOARD RESOLUTION

OF

{{company_name}}

(Hereinafter referred to as “the Company”)

ADOPTED ON {{date}}

RESOLUTION ADOPTING THE REALIGNED {{financial_year}} BUDGET

WHEREAS, the Board of Directors of {{company_name}} (the “Company”) previously approved a budget for the financial year {{financial_year}} on {{original_approval_date}};

WHEREAS, due to unforeseen circumstances, including {{reasons_for_realignment}}, it has become necessary to realign the previously approved budget to ensure the continued financial stability and operational efficiency of the Company;

WHEREAS, the management of the Company has prepared and presented to the Board a realigned budget for the financial year {{financial_year}}, which reflects these necessary adjustments and was reviewed by the Board on {{review_date}};

NOW, THEREFORE, BE IT RESOLVED, that the realigned budget for the financial year {{financial_year}}, as presented to and reviewed by the Board of Directors, is hereby approved and adopted.

BE IT FURTHER RESOLVED, that the Managing Director/CEO, {{md_ceo_name}}, and/or the Chief Financial Officer, {{cfo_name}}, or any other duly authorized officer of the Company, be and are hereby authorized, empowered, and directed to take all necessary steps and execute all necessary documents to implement and execute the said realigned budget.

CERTIFICATION

I, {{secretary_name}}, being the duly appointed Secretary of {{company_name}}, do hereby certify that the foregoing is a true and correct copy of a resolution duly adopted by the Board of Directors of the Company at a meeting duly convened and held on {{date}}, at which a quorum was present and voting throughout, and that such resolution is in full force and effect and has not been revoked or altered.

IN WITNESS WHEREOF

I have hereunto set my hand this {{day}} day of {{month}}, {{year}}.

Signature

_____________________________

{{secretary_name}}

Company Secretary