BOARD OF DIRECTORS OF [COMPANY NAME] “CORPORATION” IRS SUBCHAPTER S ELECTION WHEREAS, the Board of Directors has discussed and determined that it is in the best interests of this Corporation and its shareholders to be treated as an “S Corporation,” in accordance with IRS requirements [optional: and under the laws of the state of [STATE], beginning on [DATE]. It was therefore RESOLVED, that the officers of this Corporation are hereby directed and authorized to perform such acts as may be required to implement this resolution in a timely manner, including execution of any and all associated documents, as shall be deemed necessary or advisable by such officers to carry out the purposes and intent of this resolution.