Board of Directors Resolution Declaring an Extra Dividend

Pursuant to a duly made, seconded, and unanimously carried motion, the following resolution was adopted by the Board of Directors of _______________________ (hereinafter referred to as Corporation):

WHEREAS, the Treasurer of said Corporation has submitted a financial statement to the Board of Directors showing a surplus of __________________________ dollars ($___________), for the fiscal year ending on the ____________ day of _______________, 20 _____, it is hereby

RESOLVED, that the regular dividend of _____________________________ dollars ($_____________) per share shall be supplemented by an additional dividend payment of ___________________________ dollars ($________) per share, and it is

FURTHER RESOLVED that the total amount of the regular dividend and the extra dividend shall be ___________________________ dollars ($__________) per share, and the Treasurer is hereby directed to set aside a sufficient cash surplus for the sole satisfaction of such dividend payments, and the Treasurer is further directed to make such dividends payable to all shareholders of record at the close of business on the _________ day of ____________, 20 ____.

The undersigned, __________________________________, certifies that he or she is the duly appointed Secretary of _______________________________ Corporation and that the above is a true and correct copy of a resolution duly adopted at a meeting of the directors thereof, convened and held in accordance with law and the Bylaws of said Corporation on _________________, 20 _____, and that such resolution is now in full force and effect.

IN WITNESS THEREOF, I have affixed my name as Secretary of _________________ _________________ Corporation and have attached the seal of ___________________ _________________ Corporation to this resolution.

Date:__________________________________ ___________________________