Board Resolution Fixing the President’s Salary

About this template:

This template is a useful example of a document containing details of the decisions made which set up the factors that influence the salary of the President of your company to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with setting up the factors that influence the salary of the President of your company. You can see more board resolution templates that you may find useful here https://www.templateguru.co.za/documents/board-resolutions/

Excerpt:

BOARD RESOLUTION OF [YOUR COMPANY NAME] FIXING PRESIDENTS SALARY WHEREAS the Board has determined that the President of [YOUR COMPANY NAME] should be compensated at a level equal to the highest pay allowable in level [NUMBER] of the Executive Schedule for [YOUR COMPANY NAME]

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