Common use of Close Corporation Clause in Contracts

Close Corporation. If the case of a close corporation submitting a bid, a certified copy of the founding Statement of such corporation shall be included with the Bid, together with a resolution by its members authorizing a member or other official of the corporation to sign the documents and correspondence in connection with this bid or contract on behalf of the company must be submitted with this Bid. An example is shown below: By resolution of the members at the meeting on the ………………………..200…….at ………………………Mr. / Ms …………………………………whose signature appear below, has been duly authorized to sign all documents in connection with BID NO. ……………………… SIGNED ON BEHALF OF THE CLOSE CORPORATION: ……………………………………………….. IN HIS / HER CAPACITY AS:……………………………………………………………………. DATE: ……………………………………………………………………………………………… SIGNATURE OF SIGNATORY:……………………………………………………………………. WITNESSES: 1. ……………………………………………………………………………………...

Close Corporation. If the case of a close corporation submitting a bid, a certified copy of the founding Statement of such corporation shall be included with the Bid, together with a resolution by its members authorizing a member or other official of the corporation to sign the documents and correspondence in connection with this bid or contract on behalf of the company must be submitted with this Bid. An example is shown below: By resolution of the members at the meeting on the ………………………..200…….at ………………………Mr. / Ms …………………………………whose signature appear below, has been duly authorized to sign all documents in connection with BID NO. ……………………… SIGNED ON BEHALF OF THE CLOSE CORPORATION: ……………………………………………….. IN HIS / HER CAPACITY AS:……………………………………………………………………. DATE: ……………………………………………………………………………………………… SIGNATURE OF SIGNATORY:……………………………………………………………………. WITNESSES: 1. ……………………………………………………………………………………...