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Board Of Directors Resolution Salary Termination Of Officers
BOARD OF DIRECTORS RESOLUTION SALARY TERMINATION OF OFFICERS
Pursuant to a duly made, seconded, and unanimously adopted motion, the Board of Directors of [Name of Corporation], hereinafter referred to as Corporation", adopted the following resolution:
RESOLVED that effective immediately the following officers of the Corporation shall serve without any compensation whatsoever: [Name of Officer 1], [Name of Officer 2], and [Name of Officer 3].
IT IS FURTHER RESOLVED that this resolution overrides any previous resolution concerning salaries of the aforementioned officers.
The undersigned, [Secretary of Corporation], 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 [Date of resolution], and that such resolution is now in full force and effect.
IN WITNESS THEREOF, I have affixed my name as Secretary of [Name of Corporation] Corporation and have attached the seal of [Name of Corporation] Corporation to this resolution.
Dated: [Date signed]
Secretary