Partnership Resolution To Open An Account

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PARTNERSHIP RESOLUTION

We, ________________________ and ______________________________ and


_________________________________ in our capacities as partners of
_________________________________________________ (the “Partnership”), a partnership organized and
existing under the laws of the Philippines, with principal office at
_____________________________________________, hereby certify that the following resolution was
unanimously passed and approved.

PARTNERSHIP RESOLUTION

RESOLVED, that METROPOLITAN BANK & TRUST COMPANY


(hereinafter called “METROBANK”) be, and is hereby, designated as
depository of the funds/monies of _____________________________________
(the “Partnership”), and that the Partnership be, and is hereby, authorized to
open and/or maintain and operate savings, time, current and/or trust accounts
with METROBANK Head Office, and/or any of its branches.

RESOLVED, FURTHER, that any _______ ( ) of the following


officers/persons be, as he/she/they is/are hereby, authorized, for and on behalf
of the Partnership, (i) to sign, execute and/or deliver any and all documents,
papers, instruments, forms, agreements or contracts in connection with or as
may be required by, appropriate, necessary, and/or incidental to (a) the
opening, operation and/or management of any and all account(s) of the
Partnership with or investment of any funds of the Partnership through
METROBANK, (b) the availment by the Partnership of any and all
services/facilities of METROBANK, and the operation and/or management of
the said services/facilities, and (c) the Partnership’s application for and
enrollment in electronic channels and appointment of its users as well as the
operation and/or management of the same; (ii) to withdraw or transfer the
funds/monies of the Partnership by checks, receipts, drafts, bills of exchange,
withdrawal slips, orders for payment or otherwise; (iii) to sign, endorse, draw,
accept, make, execute and/or deliver, for negotiation, payment, deposit or
collection, checks, receipts, drafts, bills of exchange, orders for payment and/or
other similar instruments in connection with the said account(s)/funds; and (iv)
to close the account(s), receive the balance(s) thereof and sign any and all
documents which METROBANK may require in connection therewith:

Name Position

RESOLVED, FURTHERMORE, that METROBANK, its directors,


officers, employees, agents or authorized representatives (“METROBANK
Group”) are each entitled and authorized to rely on these instructions as valid,
binding and effective upon the Partnership and that METROBANK Group shall
not be liable for any act done or suffered by them in reliance of the above
instructions, it being understood that any and all risks and costs arising from
the above instructions shall be for Partnership’s sole and exclusive account.

RESOLVED, FINALLY, that all things/acts done and documents


executed and entered into by the aforementioned signatories pursuant to and
in accordance with the foregoing authorities are hereby affirmed, confirmed
and ratified. Likewise all things/acts done and documents executed and entered
into on behalf of the Partnership prior to this Resolution are hereby affirmed,
confirmed and ratified.

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We hereby certify that below are the specimen signatures of the above-named officers/persons duly
authorized and empowered to do and perform the acts/transactions enumerated in the above-quoted Resolution
of the Partnership:

Name Position Specimen Signature


DELIA T. GO
MARIA FE T. SAN PEDRO
PERLA T. GALIDO

The above Resolution is part of the records of the Partnership and it has not been altered, amended nor
revoked and that the same are valid, binding and subsisting and shall continue to be the valid, binding and
subsisting instruction of the Partnership such that METROPOLITAN BANK & TRUST COMPANY
(“METROBANK”), its directors, officers, employees, agents or authorized representatives have the right to rely
upon said Resolutions until and unless METROBANK has received the original copy of subsequent Partnership
Resolution expressly superseding/invalidating the above referred Resolution.

IN WITNESS WHEREOF, we have hereunto affixed our signatures at _____________________ on


_________________________.

_____________________ _______________________ _________________________


Partner Partner Partner
ID No. __________ ID No. ____________ ID No. _____________
Expiry __________ Expiry ____________ Expiry _____________

SUBSCRIBED AND SWORN TO before me at _________________________, on ____________________, Affiant


exhibiting to me his/her Identification Document __________________ with No. ___________________ issued at
______________________ on __________________, and expires on __________________________.

NOTARY PUBLIC
Doc. No.: ________;
Page No.: ________;
Book No.: ________;
Series of: ________.

MB-X-RLD-13-t/Nov. ‘15

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