|
<br />RESOLUTIONS
<br />
<br />The Corporation named on this resolution reaoh/es that,
<br />(1) The Financial Institution is designated as a t;lepository for the funds of the Corporation and to provide other financial accommodations indicated in
<br />this resolution.
<br />(2) This resolution shall continue to have effect until express written notice of its rescission or modification has been received and recorded by the
<br />Financial Institution. Any and all prior resol4tions adopted by the Board of Directors of the Corporation and certified to the Financial Institution as
<br />governing the operation of this corporation'$ account(s), are in full force and effect, until the Financial Institution receives and acknowledges an
<br />express written notice of its revocation, modification or replacement, Any revocation, modification or replacement of a resolution must be
<br />accompanied by documentation, satisfactory. to the Financial Institution, establishing the authority for the changes.
<br />(3) The signature of an Agent on this resolutiotl is conclusive evidence of their authority to act on behalf of the Corporation, Any Agent, so long as
<br />they act in a representative capacity as an !\gent of the Corporation, is authorized to make any and all other contracts, agreements, stipulati.ons and
<br />orders which they may deem advisable fot the effective exercise of the powers indicated on page one, from time to time with the Financial
<br />Institution, subject to any restrictions on this' resolution or otherwise agreed to in writing.
<br />(4) All transactions, if any, with respect to any ~eposits, withdrawals, rediscounts and borrowings by or on behalf of the Corporation with the Financial
<br />Institution prior tothe adoption of this resoll(tion are hereby ratified, approved and confirmed.
<br />161 The Corporation agrees to the terms and cOl1djtions of any account agreement, properly opened by any Agent of the Corporation. The Corporation
<br />authorizes the Financial Institution, at any titne, to charge the Corporation for all checks, drafts, or other orders, for the payment of money, that are
<br />drawn on the Financial Institution, so long a$ they contain the required number of signatures for this purpose.
<br />(6) The Corporation acknowledges and agrees that the Financial Institution may furnish at its discretion automated access devices to Agents of the
<br />Corporation to facilitate those powers authorized by this resolution or other resolutions in effect at the time of issuance, The term "automated
<br />access device" includes, but is not limited tal credit cards, automated teller machines (ATM), and debit cards.
<br />(7) The Corporation acknowledges and agrees;: that the Financial Institution may rely on alternative signature and verification codes issued to or
<br />obtained from the Agent named on this res9lution. The term "alternative signature and verification codes'. includes, but is not limited to, facsimilt?
<br />signatures on fHe with the Financial Institution, personal identification numbers (PIN), and digital signatures, If a facsimile signature specimen has
<br />been provided on this resolution, (or that ,ra filed separately by the Corporation with the Financial 'Institution from time to time) the Financial
<br />Institution is authorized to treat the facsimile signature as the signature of the Agentlsl regardless of by whom or by, what means the facsimile
<br />signature may have been, affixed so long as: it resembles the facsimile signature specimen on file, The Corporation authorizes each Agent to have
<br />custody of the Corporation.s private key us~d to create a digital signature and to request issuance of a certificate listing the corresponding public
<br />key. The Financial Institution shall have nq responsibility or liability for unauthorized use of alternative signature and verification codes unless
<br />otherwise agreed in writing.
<br />
<br />Pennsylvania. The designation of an Agent does not create a power of attorney; therefore, Agents are not subject to the provisions of 20 Pa.C,S,A.
<br />Section 6601 et seq. (Chapter 56; Decedentst Estates and Fiduciaries Codel unless the agency was created by a separate power of attorney, Any
<br />provision that assigns Financial Institution right, to act on behalf of any person or entity is not subject to the provisions of 20 Pa.C.S,A. Section 5601
<br />et seq. IChapter 66; Decedents, Estates and Fiduciaries Code).
<br />
<br />FOR FINANCIAL INSTITUTION USE ONLY
<br />
<br />Acknowledged and received on
<br />
<br />Idate) by
<br />
<br />linitials) 0 This resolution is superseded by resolution dated
<br />
<br />Comments:
<br />
<br />~"
<br />
<br />t
<br />@ 1985, 1997 elnkerISv-tems, Inc., St. Clo~d, MN Form CA-1 5/1/2003
<br />,
<br />"
<br />f
<br />
<br />~.3C>
<br />
<br />(pags 2 of 2)
<br />
|