Board Resolution Approving Budget

{{company_name}}

{{company_address}}

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

Board Resolution Approving Budget

Board Resolution Approving Budget

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

BOARD RESOLUTION APPROVING BUDGET

WHEREAS, the Board of Directors of {{company_name}} (the “Company”) has reviewed the proposed budget for the fiscal year {{fiscal_year}} (the “Proposed Budget”); and

WHEREAS, the Board of Directors deems it to be in the best interest of the Company to approve the Proposed Budget to guide the Company’s financial operations for the upcoming fiscal year.

RESOLVED:

THAT the Proposed Budget for the fiscal year {{fiscal_year}}, as presented to this meeting and attached hereto as Exhibit A, be and it hereby is approved.

THAT the management of the Company is hereby authorized and directed to implement the Proposed Budget, making every effort to adhere to its allocations and projections.

THAT the Chief Financial Officer or any duly authorized officer of the Company is hereby authorized to monitor the Company’s financial performance against the approved budget and to report regularly to the Board of Directors.

THAT any material deviation from the approved budget shall require prior approval from the Board of Directors.

MEETING DETAILS

This resolution was duly adopted at a meeting of the Board of Directors of {{company_name}} held on {{date_of_meeting}} at {{time_of_meeting}} at {{location_of_meeting}}.

A quorum was present and acting throughout the meeting.

CERTIFICATION

I, the undersigned, Secretary of {{company_name}}, do hereby certify that the foregoing is a true and accurate copy of a resolution duly adopted by the Board of Directors of {{company_name}} on the date first above written, and that such resolution is in full force and effect.

SIGNATURE

___________________________

{{secretary_name}}

Company Secretary

Date: {{date}}