Fill and Sign the Resolution to Borrow Capital from Member Form

RESOLUTION TO BORROW CAPITAL FROM MEMBER ________________________________, LLC (hereinafter, the “Company”) WHEREAS, the Company has need of additional capital, and WHEREAS ___________________________ [name of individual], who is _________________________ [office/position] with the Company is willing to loan the Company [amount] ___________________________ ($_______________); and WHEREAS, the proposed loan would be in the best interests of the Company in that its terms are more advantageous than those that could be obtained elsewhere;It is, therefore, hereby RESOLVED, that the Company borrow the sum of [amount] ___________________________ ($_______________) from the above named individual, and that said sum be repaid in or within _______ years with interest thereon at ___________% on the unpaid balance, all as more fully set forth in a promissory note and loan documents as have been presented to, reviewed by, and hereby approved by, the Members. __________________________ , Member __________________________ , Member __________________________ , Member CERTIFICATE The undersigned hereby certifies that he/she is the duly elected and qualified Secretary and the custodian of the books and records of ___________________________________, LLC, aCompany duly formed pursuant to the laws of the state of ___________________ and that the foregoing is a true record of a Resolution duly adopted at a meeting of the ____ day of ___________________, 20____, and that said meeting was held in accordance with state law and the Operating Agreement of the above-named Company, and that said Resolution is now in full force and effect without modification or rescission. IN WITNESS WHEREOF, I have executed my name as Secretary of the above-named Company, this ____ day of ___________________, 20____. _________________________________SignaturePrint Name: __________________________Print Name: __________________________