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A Board Resolution For Employment Agreement is a crucial corporate governance document used when a company needs to formally approve and authorize significant employment arrangements. This document is particularly important in the Canadian corporate context, where both federal and provincial laws require proper board authorization for major corporate decisions. The resolution typically follows a board meeting where the employment terms are discussed and approved, and it serves multiple purposes: it demonstrates proper corporate governance, provides clear authorization for the employment arrangement, protects the company by ensuring proper approval processes are followed, and creates a clear record of the board's decision. The document includes details about the approved employment terms, authorized signatories, and any specific conditions or requirements set by the board. It's commonly used for executive-level appointments, significant employment contracts, or when required by corporate bylaws or governance policies.

1. Header: Corporate identification, including full legal name of the corporation and date of the resolution

2. Title: Clear identification as a Board Resolution regarding Employment Agreement

3. Recitals: Background information including the meeting details, quorum confirmation, and purpose of the resolution

4. WHEREAS Clauses: Series of statements establishing the context and necessity for the employment agreement

5. Resolution Declaration: Formal declaration that the resolution has been made

6. Authorization: Specific authorization for entering into the employment agreement with the named executive/employee

7. Terms Approval: Confirmation of the board's approval of the key terms and conditions of the employment agreement

8. Execution Authority: Designation of authorized signatory/signatories for the employment agreement

9. Further Actions: Authorization for officers to take necessary actions to implement the resolution

10. Certification: Statement certifying that the resolution was duly passed

11. Signature Block: Space for required signatures (typically Board Secretary or Chairman)