_____________________ HOMEOWNERS ASSOCIATION, INC.

BOARD RESOLUTION No. 01-01

Series of 2016

WHEREAS, __________ Homeowners Association is a domestic corporation duly organized and registered
under the laws of the Republic of the Philippines;

NOW THEREFORE BE IT RESOLVED, as it is hereby RESOLVED, to authorize _______________________

and/or ________________ and/or _________________, AS THEY ARE HEREBY AUTHORIZED, to represent the
Association in ___________________;

“BE IT FURTHER RESOLVED, as it is hereby further RESOLVED, to authorize the aforementioned person,
to sign, execute or cause the execution of any paper and/or document, to confer and convene, and to do any and all other
acts necessary to consummate the authority given.”

Approved and adopted this ____________________________ at Bacolod City, Philippines.

OFFICERS TIN Nationality Signature

1. ________________________ ______________ Filipino ___________

2. ________________________ ______________ Filipino ___________

3. ________________________ ______________ Filipino ___________

4. ________________________ ______________ Filipino ___________

5. _________________________ ______________ Filipino ___________

SUBSCRIBED AND SWORN TO BEFORE ME, a notary public in and for Bacolod City this
_______________. Affiants personally came and appeared with TIN Identification Cards listed above issued by the Bureau
of Internal Revenue, bearing their photographs and signatures, known to me as the same persons who personally signed the
foregoing instrument before me and avowed under penalty of law to the whole truth of the contents of said instrument.

Doc. No. ____;

Page No. ____;
Book No. ____;
Series of 2016.