Minutes of the Meeting of the Stockholders

MINUTES OF THE REGULAR MEETING
OF THE STOCKHOLDERS OF

________

held on ________
at the
________

Stockholders Present:

In Person:

________ - ________ shares (Director)
________ - ________ shares (Director)

Total Number of Outstanding Shares: ________
Total Number of Shares Present and Represented and Votes in Absentia: ________
Percentage of Shares Present in Person and Represented by Proxy: ________%

I. CALL TO ORDER

The meeting was called to order at ________. ________, President of the Company, presided over the meeting. ________, Corporate Secretary, recorded the minutes of the proceedings.

II. CERTIFICATION OF NOTICE AND QUORUM

The Corporate Secretary certified that notices of the meeting were duly sent to the stockholders. The Corporate Secretary also certified that ________% of the total outstanding shares were represented at the meeting in person or by proxy and that a quorum was present.

III. APPROVAL OF THE MINUTES OF THE OF THE STOCKHOLDERS HELD ON ________

Upon motion duly made by ________ and seconded by ________, the stockholders approved and ratified the minutes of the Regular Meeting of the Stockholders held on ________.

IV. PRESENTATION OF THE ANNUAL REPORT

________ presented the annual report for ________ to the stockholders. Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

Upon motion duly made by ________ and seconded by ________ the stockholders noted the Company's Annual Report for ________ and approved the following resolution:

Resolution

"RESOLVED, that the stockholders of ________ approve, as they hereby approve, the ________ Annual Report of ________."

The Corporate Secretary recorded the votes for this item:

V. REPORT

The following was reported on:

________

Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

VI. RATIFICATION OF THE ACTS, RESOLUTIONS, AND PROCEEDINGS OF THE BOARD OF DIRECTORS, CORPORATE OFFICERS AND MANAGEMENT

The President advised the stockholders that the next item on the agenda is the ratification of all contracts entered into, resolutions issued, and all other acts by and proceedings of the Board of Directors, Corporate Officers and Management in the general exercise of their powers and duties for the year ________.

Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

Upon motion duly made by ________ and seconded by ________, the stockholders approved the following resolution:

Resolution

"RESOLVED, that the stockholders of ________ approve, ratify, and confirm, as they hereby approve, ratify, and confirm all contracts entered into and resolutions issued and all other acts by and proceedings of the Board of Directors, Corporate Officers and Management in the general exercise of their powers and duties for the year ________"

The Corporate Secretary recorded the votes for this item:

VII. APPOINTMENT OF EXTERNAL AUDITORS

The President informed the stockholders that the next item in the agenda was the appointment of ________'s external auditor for the upcoming year.

Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

Upon motion duly made by ________ and seconded by ________, the stockholders approved the following resolution:

Resolution

"RESOLVED, that the stockholders of ________ approve, as they hereby approve the appointment of ________ as the external auditor for the upcoming year."

The Corporate Secretary recorded the votes for this item:

VIII. ELECTION OF THE BOARD OF DIRECTORS

The President informed the stockholders that the next item on the agenda was the election of the members of the board of directors. The President reminded the stockholders that the Articles of Incorporation of ________ provides that there should be 2 members of the board of directors.

The following were nominated for election as members of the Board of Directors:

1. ________
2. ________

Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

Upon motion duly made by ________ and seconded by ________, the stockholders of ________ approved the following resolution:

Resolution

"RESOLVED, that the stockholders of ________ approve, as they hereby approve, the election of the following to the Board of Directors of ________ to serve for the current year:

________
________ "

The Corporate Secretary recorded the votes for this item:

1. ________ - ________ votes
2. ________ - ________ votes

IX. COMPENSATION OF THE DIRECTORS

The compensation of the directors was discussed as follows:

________

Thereafter, the President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

Upon motion duly made by ________ and seconded by ________, the stockholders approved the following resolution:

Resolution

"RESOLVED, that the stockholders of ________ approve, as they hereby approve, the compensation of the directors as follows:

________"

The Corporate Secretary recorded the votes for this item:

X. OTHER MATTERS

The President opened the floor for comments and questions from the stockholders.

The following questions and comments were discussed:

________

XI. ADJOURNMENT

There being no further business to transact or any other question from the stockholders present, and upon motion duly made by ________ and seconded ________, the meeting was adjourned.

________
Corporate Secretary

Attested by:

________
President