DIY Legal Forms

“Help us to stay online by your kind donation.

Every penny will help.”

PayPal

Terminate Officer Salaries

RESOLVED, that the salaries of the President, Vice President, Secretary and Treasurer of this Corporation, as fixed by resolution of the Board of Directors at a meeting held on [Date], shall be terminated as of [Date]; that the said officers shall serve the Corporation as such officers without compensation; and that no salaries shall be paid to the said officers until authorized by the Board of Directors.

The undersigned hereby certifies that [Name] is the duly elected and qualified Secretary and the custodian of the books and records and seal of [Name], a corporation duly formed pursuant to the laws of the State of [State], and that the foregoing is a true record of a resolution duly adopted at a meeting of the Board of Directors, and that said meeting was held in accordance with state law and the Bylaws of the above named Corporation on [Date], and that said resolution is now in full force and effect without modification or rescission.

IN WITNESS WHEREOF, I have executed my name as Secretary and have hereunto affixed the corporate seal of the above named Corporation on [Date].

A True Record.

Attest.

Secretary