The New Mexico Hire a Company to Perform a Service — Resolution For— - Corporate Resolutions is a legal document used by corporations in the state of New Mexico to officially hire a company to perform a specific service on their behalf. This form is essential for corporations to establish a contractual agreement with a third-party service provider. This resolution form serves as a written record of the decision made by the corporation's board of directors or officers to enter into a business relationship with another company. It outlines the details and terms of the service to be rendered, providing a clear understanding of the scope of work, timeline, and financial arrangements. The New Mexico Hire a Company to Perform a Service — Resolution For— - Corporate Resolutions typically includes several sections: 1. Title and Introduction: This section states the official title of the resolution, identifies the corporation, and provides a brief introduction summarizing the purpose of the resolution. 2. Background and Considerations: Here, the form explains the rationale behind hiring a company for the specified service. It may outline the challenges or needs prompting the decision and mention any previous discussions or agreements related to the resolution. 3. Resolution: This part details the specific resolution being made, such as authorizing the hiring of a company to perform a particular service, identifying the chosen service provider, and providing any relevant specifics about the agreement. 4. Compensation and Financial Terms: This section specifies the financial aspects of the agreement, including the payment terms, fees, and any additional costs, such as reimbursement of expenses, invoicing procedures, and invoicing frequency. 5. Term and Termination: It outlines the duration of the service agreement, whether it is a one-time service, ongoing, or for a specific period. The termination clause explains the conditions under which either party can terminate the agreement. 6. Representation and Authorization: This part states that the authorized signatories of the corporation have the authority to enter into this agreement and bind the organization legally. 7. Effective Date: The effective date signifies when the resolution becomes valid and enforceable. It may also include provisions for retroactive applicability if required. 8. Signatures: The form typically concludes with spaces for the signatures of the corporation's authorized representatives, affirming their agreement and adherence to the resolution. Different types of New Mexico Hire a Company to Perform a Service — Resolution Forms may exist depending on the specific services being hired. Some variations may include forms for hiring a marketing agency, IT service provider, construction contractor, legal counsel, or other professional services, each tailored to their respective industries and requirements.
Para su conveniencia, debajo del texto en español le brindamos la versiĂ³n completa de este formulario en inglĂ©s. For your convenience, the complete English version of this form is attached below the Spanish version.