SHAREHOLDERS’ RESOLUTION FOR ADOPTION OF PROFIT-SHARING PLAN
After it was moved and seconded, the shareholders of the ________________________ Corporation adopted the following resolution:
After it was moved and seconded, the Board of Directors of the ___________________ Corporation has adopted a resolution, a copy of which is attached to the minutes of this meeting, authorizing the establishment of an Employee Profit-sharing Plan. It is hereby:
RESOLVED that the Employee Profit-sharing Plan approved by the Board of Directors in its resolution dated _______________, is hereby adopted.
I, _________________________, certify that I am the duly appointed Secretary of the ____________________________ Corporation and that the above resolution was duly adopted at a shareholders meeting, convened and held in accordance with the laws of the State of _____________ and the bylaws of the Corporation on _____________________, and that such resolution is now in full force and effect.
IN WITNESS THEREOF, I certify by my hand the seal of the ____________________ Corporation that this is a true and correct copy.
____________________________________ (Secretary)
SEAL: