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Board Resolution

The Board of Directors of GLIDE INC., A STOCK CORPORATION passed a resolution to establish a banking relationship with Banco de Oro (BDO) Cebu – Tabunok Branch. The resolution authorizes the corporation to open and maintain savings, checking, and other accounts and to borrow from the bank. It specifies the officers authorized to act on behalf of the corporation and names Venice R. Espinoza as President, Joelle M. Malubay as Treasurer, Shine Heaven M. Arcales as Corporate Secretary, and Cara Iris C. Caca as Director. The resolution will remain in effect until written notice of revocation is provided to the bank.

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2K views2 pages

Board Resolution

The Board of Directors of GLIDE INC., A STOCK CORPORATION passed a resolution to establish a banking relationship with Banco de Oro (BDO) Cebu – Tabunok Branch. The resolution authorizes the corporation to open and maintain savings, checking, and other accounts and to borrow from the bank. It specifies the officers authorized to act on behalf of the corporation and names Venice R. Espinoza as President, Joelle M. Malubay as Treasurer, Shine Heaven M. Arcales as Corporate Secretary, and Cara Iris C. Caca as Director. The resolution will remain in effect until written notice of revocation is provided to the bank.

Uploaded by

Shine Heaven Arcales
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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RESOLUTION OF THE DIRECTORS

OF
GLIDE INC., A STOCK CORPORATION

Upon a motion duly made, seconded, and unanimously carried at a meeting duly held by the Directors
of GLIDE INC., A STOCK CORPORATION hereinafter “Corporation”, the Board of Directors has
determined it to be in the best interest of the Corporation to establish a banking resolution with Banco
de Oro (BDO) Cebu – Tabunok Branch, PBS Bldg. 2688 National Highway Tabunok, Talisay City, Cebu , be
it:

RESOLVED, that the Corporation execute and deliver to said bank a duly signed original of the
completed banking resolution as is annexed thereto, and that the authority to transact business,
including but not limited to the maintenance of savings, checking and other accounts as well as
borrowing by the Corporation, shall be as contained in said resolution with the named officers therein
authorized to so act on behalf of the Corporation as specified hereto.

RESOLVED, further that any and all withdrawals from the corporation’s account, including checks, notes,
drafts drawn against said bank account or accounts as well as any other debit instructions of transfer of
funds to and from any of the corporation’s accounts shall bear the signatures of any of the following:

NAME POSITION SPECIMEN SIGNATURE


Venice R. Espinoza President
Joelle M. Malubay Treasurer
Shine Heaven M. Arcales Corporate Secretary
Cara Iris C. Caca Director

THAT, the President, Vice President, Secretary, Treasurer or Director of the Corporation, or either of
them,
is hereby authorized and empowered to certify and deliver to BDO Cebu – Tabunok Branch, a copy of
this Resolution, and to execute a proper signature card(s) bearing the authorized signatures of them,
and to
execute new card(s) as deemed necessary.

THAT, all acts and things necessary to have been done pursuant to this resolution and by the offers
of the Corporation in connection therewith and hereby approved, ratified and confirmed.

THAT, the information provided for the opening of this corporate account is true and correct in
all material respect.

THAT, this resolution shall remain in full force and effect until written notice of revocation of same
signed by the President, Vice-President or Secretary of the Corporation is delivered to the Bank.

IN WITNESS WHEREOF, I have executed my name as Secretary and have hereunto affixed the corporate
seal of the above-named Corporation this 19th day of March, 2020.
SHINE HEAVEN M. ARCALES, Corporate Secretary

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