REPUBLIC OF THE PHILIPPINES) : S.S.

) SECRETARYS CERTIFICATE That I, ___________________ , being the duly elected, qualified and incumbent Corporate Secretary of ______________________. (the Corporation) DO HEREBY CERTIFY:

1. That the following are excerpts from the Minutes of Meeting of the Board
of Directors of __________________________held on _______________:

RESOLVED, as it is hereby resolved, that this Corporation be authorized to negotiate and obtain from Philippine AXA Life Insurance Corp. insurance coverage for all its keyman personnel, in amount of _______________________________________________________________________ _(PHP_______________________), designating therein the corporation as its beneficiary, upon such other terms and conditions that may be agreed upon with the said insurance company, and appropriate funds for the payment of the premiums therefore; RESOLVED, Further, that ___________________ empowered to sign, execute and deliver, for and in behalf of the corporation, any and all applications for insurance and such other instrument or document that may be required to carry out the foregoing purpose. 2. That the above excerpts are true and correct excerpts from the Minutes of the aforesaid Board meeting, a copy of which is in my possession and custody as such Corporate Secretary. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Corporation, this ___ day of _____ _____, at Quezon City. ________________________ Corporate Secretary Noted By: __________________________ SUBSCRIBED AND SWORN to before me, this __th day of _________ 20___, at ________________; affiant exhibiting to me his Community Tax Certificate No. ______, issued on ____________, at ____________. Doc. No. Page No. Book No. Series of _____; _____; _____; _____