Certified Open Board meeting 28 September 2007
Conference Call
Present
G. M. Taylor
R. J. Blatchford
S. M. Coughlan
G. C. F. Greve
A resolution was submitted to the board:
1) That a bank accounts be opened with HSBC Bank plc (the Bank) and the bank is authorised to:
a) pay all cheques and other instructions for payment or accept instructions to stop such payments signed on behalf of the Company by: Any two of the listed signatories (the 'signatory') whether any account of the company is in debit or credit;
b) deliver any item held on behalf of the company by the bank in safe keeping against the written receipt of G M Taylor; and R J Blatchford
c) accept R J Blatchford as fully empowered to act on behalf of the company in any other transactions with the bank (including closing account(s))
2) That any debt incurred to the Bank under this mandate shall, in the absence of written agreement by the Bank to the contrary, be repayable on demand.
3)That the Secretary from time to time is expressly authorised to supply the Bank as and when necessary with lists of persons who are authorised to sign, give receipts and act on behalf of the Company, and that the Bank may rely upon such lists.
4) That these resolutions be communicated to the Bank and remain in force until changed by a resolution passed by the board of directors and a copy, certified by the Chair Person and Secretary, is received by the Bank
5) That all four directors be authorised signatories on the bank account.
This was agreed and accepted by the Board.