Business Corporations Board of Directors' Resolution Changing Officers' Salaries

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BOARD OF DIRECTORS' RESOLUTION CHANGING OFFICERS' SALARIES Pursuant to a duly made, seconded, and unanimously carried motion, the Board of Directors of _______________________ (hereinafter referred to as Corporation) adopted the following resolution: RESOLVED that the salaries per annum beginning on the __________ day of ______________, 19_____ and ending on the __________ day of ________________, 19_____ of the officers of said Corporation shall be paid as follows: President: ________________________________________ dollars ($_________) Vice President: ____________________________________ dollars ($_________) Secretary: ________________________________________ dollars ($_________) Treasurer: ________________________________________ dollars ($_________), and it is FURTHER RESOLVED that payments of equal installments shall be made every ______ for the above-mentioned salaries. The undersigned, ______________________, certifies that he or she is the duly appointed Secretary of ________________________ Corporation and that the above is a true and correct copy of a resolution duly adopted at a meeting of the directors thereof, convened and held in accordance with law and the Bylaws of said Corporation on ______________, 19_____, and that such IN WITNESS THEREOF, I have affixed my name as Secretary of ____________________ Corporation and have attached the seal of ____________________ Corporation to this resolution. Dated: ______________________ ___________________________ Secretary Seal:

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