¶¶Òõ¶ÌÊÓƵ

The Board Resolution Approving Budget is a crucial governance document used in Dutch corporate environments when the board of directors needs to formally approve the company's financial budget. This document is typically prepared annually or when significant budget revisions are required, and it serves multiple purposes: demonstrating proper corporate governance, providing clear authorization for financial spending, and documenting the board's fulfillment of its fiduciary duties. Under Dutch law, particularly Book 2 of the Civil Code, boards must exercise proper oversight of company finances, and this resolution helps evidence such oversight. The document includes comprehensive budget details, consideration of risks and opportunities, implementation authorities, and may require works council consultation for certain aspects. It's particularly important for maintaining clear audit trails and ensuring compliance with both internal policies and external regulatory requirements.

1. Header Information: Company name, registration details, and date of the resolution

2. Present Directors: List of board members present at the meeting, establishing quorum

3. Meeting Details: Date, time, location, and confirmation that the meeting was properly convened

4. Background: Brief context about the budget proposal and its development process

5. Considerations: Key factors and deliberations that the board took into account

6. Resolution: Formal statement of the board's decision to approve the budget

7. Implementation Authority: Authorization for specific officers to implement the approved budget

8. Signatures: Space for required signatures of board members and/or company secretary