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Board Resolution For Joint Venture
"Need a Board Resolution For Joint Venture to approve our technology partnership with a Japanese software company, including authorization for a SGD 5 million initial investment and appointment of our CTO as primary representative, to be presented at our board meeting on March 15, 2025."
1. Title and Date: Formal identification of the resolution and meeting date
2. Attendance: List of directors present and confirmation of quorum
3. Background: Context and rationale for the joint venture
4. Resolutions: Specific decisions being approved by the board
5. Authorization: Powers granted to specific individuals to execute the joint venture
1. Confirmation of Directors' Interests: Required when directors have interests to declare in the joint venture
2. Special Conditions: Any specific requirements or conditions for the joint venture
3. Risk Assessment: When detailed risk evaluation needs to be documented
1. Joint Venture Agreement: Draft or final version of the JV agreement being approved
2. Financial Projections: Business plan and financial forecasts for the joint venture
3. Due Diligence Reports: Summary of due diligence findings on JV partner
4. Corporate Structure Chart: Proposed structure of the joint venture
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