AG 2006 08 21 - Laserfiche WebLink

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RESOLUTIONS The Corporation named on this resolution resolves that. (1) The Financial Institution is designated as a depository for the funds of the Corporation and to provide other financial accommodations indicated in this resolution. l21 This resolution shall continue to have effect: until express written notice of its rescission or modification has been received and recorded by the Financial Institution. Any and all prior resolutlons adopted by the Board of Directors 01 the Corporation and certified to the Financial Institution as governing the operation 01 this corporation's. account(s), are in 1ull force and effect, until the Financial Institution receives and acknowledges an express written notice 01 its revocation, modification or replacement. Any revocation, modification or replacement of a resolution must be accompanied by documentation, satisfactory to the Financial Institution, establishing the authority for the changes. (3) The signature of an Agent on this resolution- is conclusive evidence of their authority to act on behalf of the Corporation, Any Agent, so long as they act in a representative capacity as an A~ent of the Corporation, is authorized to make any and all other contracts, agreements, stipulations and orders which they may deem advisable for :the effective exercise of the powers indicated on page one, from time to time with the Financial Institution, subject to any restrictions on this resolution or otherwise agreed to in writing. (4) All transactions, if any, with respect to any deposits, withdrawals, rediscounts and borrowings by or on behalf of the Corporation with the Financial Institution prior to the adoption of this resolutIon are hereby ratified, approved and confirmed. (5) The Corporation agrees to the terms and coriditions of any account agreement, properly opened by any Agent of the Corporation. The Corporation authorizes the Financial Institution, at any time, to charge the Corporation for all checks, drafts, or other orders, for the payment of money, that .are drawn on the Financial Institution, so long as they contain the required number of signatures for this purpose. (6) The Corporation acknowledges and agrees that the Financial Institution may furnish at its discretion automated, access devices to Agents of the Corporation to facilitate those powers autho'rized by this resolution or other resolutions in effect at the time of issuance. The term "automated access device" includes, but is not limited tO,credit cards, automated teller machines (ATM), and debit cards. 0) The Corporation acknowledges and agrees that the Financial Institution may rely on alternative signature and verification codes issued to or obtained from the Agent named on this resolution. The term II alternative signature and verification codes" includes, but is not limited to, facsimile signatures on file with the Financial Institution, personal identification numbers (PIN), and digital signat~res. If a facsimile signature specimen has been provided on this resolution, (or that are filed separately by the Corporation with the Financial Institution from time to time) the Financial Institution is authorized to treat the facsimil~ signature as the signature of the Agent(s) regardless of by whom or by what means the facsimile signature may have been affixed so long as it resembles the facsimile signature specimen on file. The Corporation authorizes each Agent to have custody of the Corporation's private key usep to create a digital signature and to request issuance of a certificate listing the corresponding public key. The Financial Institution shall have no ;responsibility or liability for unauthorized use of alternative signature and verification codes unless otherwise agreed in writing. . 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. Section 5601 et seq. (Chapter 56; Decedents, Estates and Fiduciaries Code) unless the agency was created by a separate power of attorney. Any proviSion that assigns Financial Institution rights to act on behalf of any person or entity is not subject to the provisions of 20 Pa.C.S.A. Section 5601 et seq. (Chapter 56; Decedents, Estates and Fiduciaries Code). FOR FINANCIAL INSTITUTION USE ONLY Acknowledged and received on Idate) by (initials) 0 This resolution is superseded by resolution dated Comments: ~M @ 1985. 1997 Banka,,,SY5tam5.lnc,,St, CloudjMN FormCA.1 5/1/2003 (page 2 of 2) f-Z\