Security Agreement (Page 7 of 7) in pdf

OFFICER'S CERTIFICATE REGARDING

RESOLUTIONS OF THE

BOARD OF DIRECTORS

I,___________________________________________, Secretary of ________________________________________________

(the "Company") do hereby certify that the following is a true copy of resolutions duly adopted by the Board of Directors of the

Company, on______________________ (date), and that, as of the date hereof, such resolutions remain in full force and effect:

Recitals

The Company presently desires, to obtain extensions of credit from ___________________________________________

(the "Seller") for various purposes.

To induce Seller to extend such credit from time to time, upon such terms and conditions as the borrower and Seller may

agree, the Company desires to grant Seller a security interest in the Company’s assets according to the terms of the Security

Agreement labeled Exhibit A and attached hereto.

It is in the best interests of the Company that such an arrangement be entered into.

Seller has required that the Board of Directors of the Company certify to the extension of credit, grant of security interest,

and authority to execute all other related documents to protect the interests of the Seller to the full extent of the law.

NOW THEREFORE, BE IT RESOLVED that _________________________________ (name), who is the _______________ (title)

of the Company, be authorized and empowered to take any and all actions and to execute and deliver to Seller any and all security

agreements, financing statements, guarantees, accommodations, sureties, confessions of judgment, and other agreements, instruments

and documents necessary or convenient to carry out the above purposes and any amendments, extensions, revisions and renewals

thereof, each of which shall be the valid and binding obligation of the Company upon execution and delivery.

FURTHER RESOLVED, that all actions of officers, employees and agents of the Company heretofore or hereafter taken by any of

them in furtherance of the purposes recited above, are hereby ratified and confirmed as and for the authorized acts of the Company.

FURTHER RESOLVED, that a copy of these resolutions may be delivered to Seller and Seller may without further inquiry, rely on

the continuing full force and effect thereof.

IN WITNESS WHEREOF, I have hereunder set my hand and seal this _____ day of _________________, 20____.

Company Name:

______________________________________________

Signature of Officer:

______________________________________________

Printed Name of Officer:

______________________________________________

Security Agreement Page 7