Resolution to Authorize Sale / Leaseback Transaction

WHEREAS, it is advisable for the Corporation to raise capital through a sale/leaseback of certain of its assets, be it:

RESOLVED, that the Corporation sell the following property: PROPERTY TO BE SOLD to PURCHASER for the price of PRICE, (PRICE NUMERICAL) and that concurrently the Corporation execute a lease for said property for a period of NUMBER OF YEARS years at a net annual rental not to exceed PRICE MAXIMUM percent, (PRICE MAXIMUM NUMERICAL%) of the sales price, all in accord with generally prevailing sales/leaseback terms.

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.