Printable Board Resolution
I. Resolution for Appointment of New Director
On this day, January 15, 2050, the Board of Directors of [YOUR COMPANY NAME] convened to approve the appointment of a new director. This decision follows careful review and deliberation of the candidate’s qualifications and fit for the company’s growth.
Resolved, that the appointment of Trace Durgan as a director of [YOUR COMPANY NAME] is hereby approved, effective immediately.
The Secretary is instructed to update the company records and file necessary documents with the relevant authorities.
II. Resolution for Approval of Financial Investment
On January 18, 2050, the Board of Directors met to discuss and approve a financial investment to advance the company’s strategic objectives. After reviewing the proposed investment opportunity, the Board decided to allocate funds for the investment.
Resolved, that the Board approves an investment of $5,000,000 in AI Research Expansion Fund with the goal of expanding operations in the international market.
The Chief Financial Officer is authorized to execute all necessary agreements related to this investment.
III. Resolution for Authorization of Loan
On January 20, 2050, the Board considered a proposal to obtain a loan for capital expansion. The terms of the loan were discussed, and it was agreed that a loan would help facilitate the company's growth in the coming years.
Resolved, that the Board approves a loan agreement of $2,000,000 with WinGroup Bank for the purpose of funding new projects. The CEO is authorized to sign the loan agreement on behalf of the company.
The company’s legal team is instructed to review the loan terms to ensure compliance with all regulatory requirements.
Conclusion:
The above resolutions have been approved by the Board of Directors of [YOUR COMPANY NAME] and are effective immediately as of the dates mentioned above.
Signed by:
[YOUR NAME]
Chief Executive Officer
[YOUR COMPANY NAME]
[YOUR COMPANY EMAIL]
[YOUR COMPANY ADDRESS]
Date: January 20, 2050
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