Board Resolution No.

2014-0001
Special Board of Directors Meeting
December 17, 2014
WHEREAS, XYZ Corporaton is engaged in real estate business.

WHEREAS, the company has just been incorporated under the SEC Laws.

WHEREAS, the company needs a space to build an office and a showroom.

WHEREAS, DJG Properties offers to sell a 200-square meter parcel of land at the lowest rate of
Php 3,000.00 per square meter.

NOW THERETOFORE, for and in consideration of the foregoing, it is hereby duly approved and
seconded, that:
RESOLVE AS IT IS HEREBY RESOLVED, that the company purchase a 200 square meter
parcel of land with DJG Properties where an office and a showroom shall be built
RESOLVE FURTHER, that Mr. Harvey Specter, the President of the company is hereby
authorized to purchase said parcel of land
RESOLVE FINALLY, that the above authorized person shall sign in behalf of the company in the
contract of sale between DJG Properties and XYZ Corporation.

Present and Approved by:

Michael Ross
Passport No. 15463164
Issued on 5/16/2012
at DFA-Cebu

Harvey Specter
Passport No. 15442546
Issued on 5/09/2011
at DFA-Cebu

Jessica Pearson
Passport No. 36415235
Issued on 10/17/2011
at DFA-Cebu

Olivia Pope
Passport No. 35644548
Issued on 3/25/2012
at DFA-Cebu

Fitgerald Grant
Passport No. 35644548
Issued on 11/01/2012
at DFA-Cebu

SUBSCRIBED AND SWORN to before me this 17th day of December, 2014 at Cebu
City, the affiant are personally known to me and exhibiting their identification as reflected above.

MICHELLE MAE L. MABANO

Notary Public
Until December 31, 2014
Notarial Commission No. 760204
Roll of Attorney No. 591988
IBP Lifetime Member No. 8658, Cebu Chapter
PTR No. 14-0138, 1/15/2014, Cebu City
Room 808 AppleOne Equicom Tower
Cebu Business Park, Cebu City

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Series of 2014.