BOARD OF DIRECTORS' RESOLUTION CHANGING OFFICERS' SALARIES
Upon a duly made, seconded and unanimously carried motion, the Board of Directors of this Corporation adopted the following resolution: RESOLVED, that the annual salaries of the officers of this Corporation for the one-year period beginning on [DATE] and ending on [DATE] shall be as follows: President: [PRESIDENT NAME] Vice President: [VICE PRESIDENT NAME] Secretary: [SECTRETARY NAME] Treasurer: [TREASURER NAME] [N] Dollars ($[N]) [N] Dollars ($[N]) [N] Dollars ($[N]) [N] Dollars ($[N])
And it is FURTHER RESOLVED, that the above mentioned salaries shall be payable in equal installments every [N]. The undersigned, [N], certifies that I am the duly appointed Secretary of [COMPANY NAME] 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 [DATE], and that such resolution is now in full force and effect. IN WITNESS THEREOF, I have affixed my name as Secretary of [COMPANY NAME] Corporation.
Dated: [DATE]
____________________ Secretary