______________ CORPORATION

BOARD RESOLUTION NO. ____

Excerpts from the minutes of the Board of Directors of _________ CORPORATION

(“Corporation” for brevity), a domestic corporation, with office address at
________________________, hereby certify that during the Special Meeting of the Board of
Directors held on ___________, the following resolution was unanimously resolved and adopted:

RESOLVED, that the Corporation constitutes and appoints irrevocably the plaintiffs,
namely ________, in the case entitled ______, under Civil Case No. _______, to look
for any interested buyer for the property subject of the entitled case, more particularly
the property situated in _______, registered in the name of the Corporation, covered
by Transfer Certificate of Title (TCT) No.__________ of the Registry of Deeds of the
Province of Sorsogon.

RESOLVED FINALLY, that the Corporation authorizes the foregoing named

plaintiffs to do and perform all or any of the following acts and things, namely:

1. To sign, execute, acknowledge, and deliver any affidavit, contract, agreement, deed, or
any and all documents which may be required and necessary for the accomplishment of
any act relating to such property or any interests thereof.

2. To represent us and sign documents necessary and requisite before the Bureau of Internal
Revenue, Registry of Deeds of the Province or City of Sorsogon or other local government
unit, Treasurer or assessor of the Province or City of Sorsogon or any local government
unit, Department of Agrarian Reform, Department of Environment and Natural
Resources, National Statistics Authority/Office, as well as any other national or local
government office or agency.

3. To pay and settle the pertinent taxes, fees, and expenses necessary for the transfer of
ownership of the property or properties in favor of the vendee, and to receive the pertinent
Transfer Certificate of Title, Tax Declarations, and such other documents evidencing
ownership of the property under our names, and

4. To receive for and in our behalf the proceeds from the sale of the property above-
mentioned.

Approved: ________, 2019.

Done in the City of ______ this ____ day of _______ 2019.

IN WITNESS WHEREOF, we have hereunto set our hands this day of_____________ in the
City of Makati.

_____________________
Corporate Secretary

SUBSCRIBED AND SWORN before me this __________ in ________, affiant exhibiting to

me his __________, a competent proof of identity, and known to me and to me known personally
to be the same person who executed the foregoing affidavit.

Notary Public
Doc. No. _________;
Page No. _________;
Book No. _________;
Series of 2019.