ACCOUNT_JOB_COMPANY
Company No. ACCOUNT_COMPANY_REG_NO
(the “Company”)

MINUTES OF MEETING OF THE DIRECTORS OF THE ABOVENAMED COMPANY DULY PASSED PURSUANT TO THE ARTICLES OF ASSOCIATION OF THE COMPANY ON 22 December 2024.


1.     PRESENT

CHAIRMAN_NAME (Chairman)

2.     QUORUM

It was noted that a quorum was present and the meeting had been duly and properly convened.

3.     CHAIRMAN

CHAIRMAN_NAME, was elected the Chairman of the meeting.

4.     IT WAS NOTED THAT:

(a)    The Directors have duly declared their interests (if any) in the resolutions and the arrangements contemplated herein, in accordance with the articles of association of the Company.

(b)    The Directors have received and reviewed a subscription letter dated SUBSCRIPTION_LETTER_DATE from EMPLOYEE_NAME (“Employee”) for the allotment and issuance of NUMBER_OF_SHARES shares of the Company with a par value of CURRENCY PAR_VALUE_SHARE each (the "Shares"), in accordance with the employee share option plan pursuant to the employment contract dated EMPLOYMENTCONTRACT_DATE entered into between Employee and the Company (“Allotment and Issuance”).  The subscription price of the Shares shall be $SUBSCRIPTION_PRICE in total, which shall be paid up in full to the Company.

(c)    The Company has treasury shares of sufficient quantity for the Allotment and Issuance.

(d)    The transactions contemplated thereby were carefully considered by the Directors and it is in the best interest and to the benefit of the Company.

5.    IT WAS RESOLVED THAT:-   

(a)    the Allotment and Issuance contemplated therein be and are hereby approved by the Company and are in its long term commercial benefit, best interest and for the purpose of its business;

(b)    any one Director is hereby authorised to sign, execute, seal or despatch all such documents and ancillary documents and to perform all such acts on behalf of the Company in connection with the Allotment and Issuance and the transactions contemplated thereby as that Director shall in his sole opinion and absolute discretion think fit;

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