Free Sample Board Resolution Template
Sample Board Resolution
I. Approval of Financial Matters
On March 15, 2050, the Board of Directors of [YOUR COMPANY NAME], with company number [YOUR COMPANY NUMBER], met to discuss and approve the 2050 financial budget. After reviewing the projected income, expenses, and investment plans, the following resolution was made:
Resolved, that the financial budget for the fiscal year 2050 be approved as presented and submitted by the management team.
This resolution is effective immediately and will be communicated to all relevant departments for implementation.
II. Appointment of Directors
On April 5, 2050, the Board of Directors of [YOUR COMPANY NAME] held a special meeting to appoint a new member to the Board of Directors. After careful consideration, the Board resolved the following:
Resolved, to appoint [YOUR NAME] as a new member of the Board of Directors of [YOUR COMPANY NAME], effective immediately.
This appointment will be reflected in the company records and filed with the appropriate government agencies.
III. Business Transaction Approval
During a meeting on May 10, 2050, the Board of Directors of [YOUR COMPANY NAME] reviewed the proposal for a new joint venture partnership. The Board agreed to the terms outlined in the proposal.
Resolved, that the Board approves the execution of the joint venture agreement with JoliVent, and grants [YOUR NAME], CEO, authority to sign all necessary documents on behalf of [YOUR COMPANY NAME].
The company’s legal team will prepare and execute the final agreement accordingly.
This resolution has been recorded in the minutes of the Board meeting held on May 10, 2050, and shall remain effective as of that date.
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
Website: [YOUR COMPANY WEBSITE]
Email: [YOUR EMAIL]
