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Board Of Directors Resolution To Set Officers Bonus At Stated Amount
BOARD OF DIRECTORS RESOLUTION TO SET OFFICERS BONUS AT STATED AMOUNT
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:
WHEREAS A board committee had submitted a written recommendation, a copy of which the Secretary is hereby directed to attach to the minutes of this meeting, regarding year-end bonuses which are paid to the corporate officers.
WHEREAS the financial operations of [Name of Corporation] have exceeded the projections of the board at the beginning of the fiscal year, it is hereby
RESOLVED that the Board of Directors will accordingly pay year-end bonuses to the following officers in the amounts specified below.
Officer Amount
[Officer 1] [Amount 1]
[Officer 2] [Amount 2]
[Officer 3] [Amount 3]
The Treasurer is hereby directed to make the above-described bonus payments to the officers listed above on [Date of bonus].
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