BOARD RESOLUTION NO.

_____

PURCHASE OF PROPERTY

WE, the undersigned, a majority of Board of Directors of __________________, a domestic organization

organized and existing under Philippine laws, with principal office/address at
_______________________, do hereby certify that during the regular meeting of Board of Directors of
said organization held on ___________, the following resolution were unanimously adopted;

WHEREAS, the Board of Directors deems it desirable and in the best interests of this corporation to
acquire that certain property located at __________, in the City of _______ owned by _______.

THEREFORE BE IT RESOLVED, that this Corporation purchase from ___________ the above described
real estate for the price of _______________ on ____________.

RESOLVED FURTHER, that the president_______________ of this corporation is hereby authorized to

enter into an agreement on behalf of this corporation

RESOLVED FURTHER, that the President is hereby authorized to execute, for and in behalf of the
corporation in its name, any and all the necessary documents of the purchase of the property.

The undersigned, (secretary’s name) certifies that he/she is duly elected secretary of this Corporation,
and the above is a true and correct copy of the resolution that was duly adopted at a meeting of the
board of directors held on ______ at ________ which was held in accordance with State law and the By
laws of the corporation

Dated:________

___________________________, Secretary

__________________________, director

__________________________, director

__________________________, director

__________________________, director

__________________________, director

__________________________, director

__________________________, director