Sample Corporate Resolutions

Resolution to Issue Option to Purchase Shares

COMPANY NAME

Resolution to Issue Option to Purchase Shares

WHEREAS, in the judgment of the Board of Directors, it is in the best interests of the Corporation to grant to FULL NAME an Option to Purchase a certain number of shares of common stock of the Corporation, be it:

RESOLVED, that for good consideration, the Corporation grant and issue to FULL NAME an option to purchase an aggregate of NUMBER OF SHARES (NUMBER OF SHARES NUMERICAL) shares of the unissued common stock of the Corporation for the option price of FULL PRICE
($PRICE NUMERICAL) per share. This option shall terminate on OFFER END DATE.

The undersigned hereby certifies that he/she is the duly elected and qualified Secretary and the custodian of the books and records and seal of COMPANY NAME,a corporation duly formed pursuant to the laws of the state of YOUR STATE and that the foregoing is a true record of a resolution duly adopted at a meeting of the DIRECTORS/MEMBERS and that said meeting was held in accordance with state law and the Bylaws of the above-named Corporation on MEETING DATE,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 and have hereunto affixed the corporate seal of the above-named Corporation this DAY OF THE WEEK, CURRENT MONTH of CURRENT YEAR.

SECRETARY NAME, Secretary


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