DIY Legal Forms

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Set Officers Bonus At Stated Amount

After it was duly moved, seconded, and discussed, the [Name] (Corporation) Board of Directors 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 [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

The Treasurer is hereby directed to make the above-described bonus payments to the officers listed above on [Date].

I, [Name], certify that I am the duly appointed Secretary of the [Corporation] and that the above resolution was duly adopted at a Board of Directors meeting, convened and held in accordance with the laws of the State of [State] and the bylaws of the corporation on [Date], and that such resolution is now in full force and effect.

IN WITNESS THEREOF, I certify by my hand and the seal of the [Corporation] that this is a true and correct copy.

Dated:

_________________________

Secretary

Seal: