REPUBLIC OF THE PHILIPPINES )

)S.S.

BOARD RESOLUTION

WE, the undersigned, majority of the Board of Directors of

_____________., with office address at
___________________________, in our capacity as Directors of said
corporation, do hereby certify that at a special meeting of the Board of
Directors of the corporation, at which majority were present, held on
December 14, 2015 at its office above-stated, the following resolutions
were adopted and approved:

RESOLUTIONS

1. “RESOLVED, that the Board of Directors of the

corporation resolves to change, as it hereby
changes the authorized representative/s of the
company, in the following limited transaction or
power in and/or authority in:

a) bidding and/or projects that the

company has entered into, or will enter
into, or shall intend to enter into;

b) submission of the bidding/project

requirements; and

c) signing of all the necessary

documents pertinent therefor;

RESOLVED, FURTHER, that the Board of

Directors of the corporation resolves to
authorize and appoint, as it hereby authorizes
and appoints ____________________ to be the
corporation’s representative in the above-
provided transaction/s and/or act/s;”

2. “RESOLVED, that the Board of Directors of

the corporation resolves to change, as it
hereby changes previous appointment/s of
signatory/ies in all the company’s banking

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 transactions. RESOLVED, FURTHER, that the Board
of Directors of the corporation resolves to
authorize and appoint, as it hereby authorizes and
appoints _______________ and
______________________ to open, sign, deposit,
withdraw or otherwise manage and administer the
corporate account/s in whatever currency with all
the corporation’s existing bank account/s in the
Philippines. RESOLVED, FURTHERMORE, that the
authority to sign granted to __________________
is hereby revoked and withdrawn. RESOLVED,
FINALLY, that the Board of Directors of the
corporation is allowing ______________ and
________________, to process, sign, execute and
prepare the necessary documents, and do other
writings whatsoever nature, kind and description,
for purposes of opening an/ account/s with all the
bank where the corporation has existing
account/s, upon such terms and conditions
favorable and reasonable to them and the
corporation;”

3. RESOLVED, that the Board of Directors of

the corporation resolves to appoint and
authorize, as it hereby appoints and authorizes
____________ and __________________,
and/or their respective assign/s or to be
assigned, if any, to be the corporation’s duly
appointed authorized representative or
officers who shall have the joint power and
authority to:

a. Approve or deny changes of salary of

any staff;

b. Approve or deny any other additional

remuneration/s of staff/employees,
including but not limited to bonuses,
ex-gratia payments, benefits in kind or
purchases that are not part of normal
or basic salary;

c. Approve or deny any remuneration/s to

any person or entity, including but not

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 limited to bonuses, ex-gratia payments,
benefits in kind or purchases;

d. Approve, deny, or otherwise decide

on, appointment or dismissal of
staff/employee;

“RESOLVED, FURTHER, that the Board of

Directors of the corporation resolves to
require, as it hereby requires, in order for the
above-provided transaction/s or act/s to be
valid and binding, the unanimous, common and
prior consent and/or approval by both
______________ and _______________;”

The foregoing joint resolution(s) are in accordance with the

records of the Corporation in our possession.

IN WITNESS WHEREOF, we have hereunto affixed our signatures

this ________________ at Pasig City, Philippines.

BOARD OF DIRECTORS:

_______________________________

_______________________________

________________________

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 SIGNED IN THE PRESENCE OF:

_______________________ ________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

______________ CITY )S.S.

BEFORE ME, a Notary Public for and in ___________________

City, Philippines, affiants personally appeared, exhibiting to me their
respective identifications as above indicated, known to me and to me
known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their true and
voluntary act and deed. This instrument consisting of four (4) pages,
including this page whereon this acknowledgment is written, duly
signed by the parties and their instrumental witnesses on each and
every page hereof and relates to a BOARD RESOLUTION.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place

first above-written.

Doc. No. _____; Notary Public

Page No. _____;
Book No. _____;
Series of 2017.

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