FURTHER DECIDES that Mr. X has the power to amend the provisions of such model agreement(s) at its sole discretion and authority, or to make or modify appropriate amendments. FURTHER DECIDED that the said Mr. X is authorized to sign such franchisee agreements on behalf of and on behalf of the Company. The undersigned hereby confirms that he is the duly elected and qualified secretary and holder of the books and records and seal of of__________, a corporation duly incorporated under the laws of the of__________ State, and that the foregoing is a true record of a resolution duly passed at a meeting of the___________ and that such meeting is in accordance with the law of the State and the statutes of the corporation mentioned above. the ____, and that this resolution is now fully in force and in full effect, without this being modified or reversed. CONSIDERING that the Company has the opportunity to obtain a license as a franchisee of:__ and “HAS DECIDED that Mr. X is and is hereby authorized to negotiate with the counterparties and to agree on the standard terms of the form of franchisee agreements to be entered into from time to time for and on behalf of the Company. CONSIDERING that the Company has the opportunity to obtain a license as a franchisee by: NAME OF THE COMPANY, and CONSIDERING that the Board of Directors of the Company has concluded that it would be in the interest of the Company to act as an authorized franchisee, whether it be: OTHER DETERMINATIONS that the President of the Company takes all measures, necessary to fulfill the Company`s obligations under this Agreement.
Our company starts new business as a franchisee of a retail store. DECIDED that the Company shall enter into a franchise agreement with__________ in accordance with the terms of a franchise agreement, which shall be submitted to the Board of Directors and reviewed by the Board of Directors and as annexed hereto; and, anyway, you are not connected. Please log in to post answers Click here to log in/register AUTHORIZATION TO ENTER INTO FRANCHISEE CONTRACTS:. Can someone send me a resolution of the board of directors to enter into a franchise agreement AS a WITNESS OF WHOM I have indicated my name as secretary and hereby affixed the seal of the aforesaid company of this ____ of ___, 20 ___, 20 ___. CCI Online Learning offers a library of courses for CA/CS/CMA aspirants from the top faculties in India. Our world-class courses aim to make your trip from student to professional to successful. To promise a successful career as a professional, CCI Online Learning also offers programs such as Financial Modeling, MS Excel, IFRS/IND AS certification courses to help you take your career to the next level. Check out the free demo videos here www.caclubindia.com/coaching/…