- Category: Administration /and Budget
- Topic: Foreign Exchange Contracts
- Board meeting date: 16 October 2007
- Resolution number: 07.84, 07.85, 07.86
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-16oct07.htm
- Status: Completed
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Board authorizes COO and/or CFO to execute the specified Foreign Exchange Agreement and to delegate to agents or employees the authority to engage in specified foreign exchange transactions. Board authorizes the CFO and COO to enter in foreign currency contracts with the Union Bank of California under the specified parameters.
Text
Whereas, ICANN processes a significant number of disbursements denominated in foreign currencies such as Euro, Australian dollars, and Canadian dollars in the normal course of business.
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Other Related Resolutions
- Other resolutions TBD.
Additional Information
- The resolution does not address funding for the items identified therein.
Explanatory text does not modify or override Resolutions. See Board Resolutions Page for more information.