CORPORATION NAME

Address

BOARD RESOLUTION NO. ___

SERIES OF 2017

WHEREAS, CORPORATION NAME (the “Corporation”) is a domestic

corporation duly organized and existing under and by virtue of the laws of
the Republic of the Philippines, whose Board of Directors was duly elected by
its stockholders;

WHEREAS, at a special meeting of the Board of Directors and the

Stockholders of the Corporation held on ________________, at its principal
office at ___________________, wherein a majority of the members of the Board
and all stockholders were present, thus, the existence of a quorum.

ACCORDINGLY, the Board, by a majority vote thereof, and after

having been ratified by at least 2/3 of the existing stockholders, has passed
and approved the following resolutions, to wit:

RESOLVED, as it is hereby resolved, that the Corporation

hereby authorizes and grants its authority for the
_________________.

RESOLVED FURTHER, that the Corporation hereby grants

unto _______________________, the full authority and power to deal
with and/or transact with __________________________, the
Securities and Exchange Commission, Bureau of Internal
Revenue, and such other government offices, in relation to the
_______________________, as well as on such other processes that
may be reasonably necessary and/or related thereto.

RESOLVED FINALLY, that the resolution set forth above

has not been modified or rescinded and shall now be in full force
and effect unless otherwise revoked or amended in writing by the
Corporation.

SIGNED this ___ day of _____________ at ________________ City by a

majority of the Board of Directors and at least 2/3 of the stockholders of
CORPORATION NAME.

MEMBERS OF THE BOARD

________________________ ________________________
[NAME] [NAME]
Chairman Member

________________________ ________________________
[NAME] [NAME]
Member Member

________________________
[NAME]
Member

STOCKHOLDERS OF THE CORPORATION

________________________ ________________________
[NAME] [NAME]
TIN No. ___-___-___-000 TIN No. ___-___-___-000

________________________ ________________________
[NAME] [NAME]
TIN No. ___-___-___-000 TIN No. ___-___-___-000

________________________ ________________________
[NAME] [NAME]
TIN No. ___-___-___-000 TIN No. ___-___-___-000

________________________ ________________________
[NAME] [NAME]
TIN No. ___-___-___-000 TIN No. ___-___-___-000