Board Resolution For Signing Authority

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Board Resolution For Signing Authority

Board Resolution For Signing Authority

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

BOARD RESOLUTION FOR SIGNING AUTHORITY

Date of Resolution:

{{date_of_resolution}}

WHEREAS,

The Board of Directors (hereinafter referred to as "the Board") of {{company_name}} (hereinafter referred to as "the Company") deems it necessary and appropriate to authorize certain individuals to execute documents, contracts, and financial instruments on behalf of the Company for the efficient and effective conduct of its business operations.

NOW, THEREFORE, BE IT RESOLVED, as follows:

1. **Grant of Authority:** That the following individuals be and are hereby severally authorized to sign and execute all documents, contracts, agreements, instruments, and other writings on behalf of the Company, subject to the limitations set forth herein:

a. **{{authorized_person_1_name}}**, holding the position of {{authorized_person_1_title}}, with signing authority up to an amount of {{currency}} {{signing_limit_1_amount}} for financial transactions.

b. **{{authorized_person_2_name}}**, holding the position of {{authorized_person_2_title}}, with signing authority up to an amount of {{currency}} {{signing_limit_2_amount}} for financial transactions.

c. **{{authorized_person_3_name}}**, holding the position of {{authorized_person_3_title}}, with signing authority for specific operational contracts as defined in the attached Appendix A.

2. Scope of Authority:

The authority granted herein extends to but is not limited to, the execution of bank forms, loan agreements, supply contracts, human resources documents, non-disclosure agreements, and any other document incident to the ordinary course of business of the Company.

3. Limitations:

This signing authority is subject to the Company's internal policies and procedures, including those relating to procurement, financial expenditure, and corporate governance. Any transaction exceeding the specified financial limits or falling outside the scope of ordinary business shall require further specific Board approval.

4. Term of Authority:

This resolution shall remain in full force and effect until such time as it is revoked or amended by a subsequent resolution of the Board of Directors.

5. Certification:

The Corporate Secretary is hereby authorized and directed to certify this resolution and to provide copies thereof to all relevant parties as may be required.

ADOPTED AND PASSED by the Board of Directors on the date first above written.

_____________________________

{{board_chair_name}}

Board Chairperson

ATTEST:

_____________________________

{{corporate_secretary_name}}

Corporate Secretary