SBG Securities

RESOLUTION

Company Name : ______________________________

Registration Number :_______________________________
RESOLUTION OF DIRECTORS

PASSED AT ___________________ ON ___________________


RESOLVED:

 The directors hereby resolve

1. To sign the mandate agreement between _______________________ (company name) and SBG Securities (Proprietary) Limited, a copy of which is attached hereto and the entering of which is competent under the company�s main object and / or ancillary objects.

2. Resolved that ___________________________________ (authorised representative) in his capacity of _______________________ be and is hereby authorised to sign all documentation and contracts related to give effect to this resolution.

3. Resolved further that _____________________________ (authorised representative) in his capacity of __________________________ be and is hereby authorised to give all instructions on the account to be conducted with SBG Securities (Proprietary) Limited including, but not limited to:
  • Buy and sell instructions;
  • Cash transfer instructions with the restriction that no third party payments may be made; and
  • Change in account details.
4. Resolved further that the specimen signature(s) of the person(s) authorised to sign the relative documentation in terms of this resolution be provided to SBG Securities (Proprietary) Limited.


Certified a true extract from the minute book.


_____________________________
All directors to sign