Board Resolution Approving Rights Offering Template

This board resolution approving rights offering template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution approving rights offering template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING RIGHTS OFFERING The foregoing resolution signed by all the directors of [COMPANY NAME] (the "Corporation"), under the provisions of Section [SPECIFY] of the [COUNTRY] Business Corporations [ACT/LAW/RULE], whereby a resolution in writing signed by all the directors entitled to vote thereon shall be as valid as if it had been adopted at a meeting, are hereby adopted and the present resolutions shall be deemed to have been adopted as of [DATE]. RIGHTS OFFERING WHEREAS the Corporation wishes to offer Class A common shares in its capital stock having a subscription price of [AMOUNT] in [COUNTRY] funds per share for an aggregate maximum subscription of [AMOUNT] in [COUNTRY] funds to all directors, officers and employees of the Corporation and to all holders of shares in the capital stock of the Corporation of record as of the date hereof; RESOLVED THAT: the Corporation offer to the directors, officers and employees of the Corporation as of the date hereof the right to acquire a maximum of [NUMBER] Class A common shares each in the capital stock of the Corporation at a subscription price of [AMOUNT] [COUNTRY] per share;