Use this template to prepare a Resolution of the Directors of a corporation authorizing the corporation to issue and set aside sufficient shares to satisfy the terms of a Share Purchase Agreement.
The shares being set aside will be issued as consideration in payment of the purchase price of shares in another company, which are being acquired by the corporation under the Share Purchase Agreement.
This Directors Resolution to Set Aside Shares Under Share Purchase Agreement is provided in MS Word format and is fully editable.
We’ve Got It! www.megadox.com RESOLUTIONS OF THE DIRECTORS OF [NAME OF CORPORATION] (the “Corporation”) BE IT RESOLVED THAT: The Corporation set aside and reserve for issuance, subject to any necessary regulatory approval, ______________ common shares at a deemed value of $_______ per share, as consideration for the purchase price under the Share Purchase Agreement dated the ___ day of ___________, ______ and made among the Corporation and [name(s) of party(ies)selling shares to the Corporation under t
Pages to are hidden for
"Directors Resolution to Set Aside Shares Under Share Purchase Agreement"Please download to view full document