Minutes of Board of Directors to establish a committee. The committee members can be appointed at the time or afterwards.
It was resolved:
(a) to establish the XYZ Committee (“Committee”) as a standing committee of the Board of Directors;
(b) to approve the Charter for the Committee subject to any modification by the Board of Directors from time to time; and
(c) It was resolved that in accordance with the Company's articles of association, any director be appointed as and be authorised to constitute a committee of the board with full power and authority to [TASK] and to take all such steps as he / she may in his / her absolute discretion consider necessary or desirable in connection with it.