Board Resolution (Regarding Director Remuneration) (OBCA)

Summary

This precedent is a resolution of the directors fixing the remuneration of the directors, officers and/or employees of a corporation under the Ontario Business Corporations Act, subject to the corporation’s articles, by–laws and any unanimous shareholder agreement — Stephen Kerr, Fasken. For information on corporate resolutions for an Ontario corporation, see the Corporate Resolution Resource Kit (ON).