Board Resolution Approving Sale of Shares Template

This board resolution approving sale of shares template has 1 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution approving sale of shares template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING THE SALE OF SHARES RESOLVED: THAT the Corporation sell and transfer to [COMPANY NAME] the [NUMBER] Class [SPECIFY] Common Shares in the authorized capital stock of [COMPANY NAME] held by the Corporation, the whole subject to and substantially upon the same terms and conditions contained in a draft share purchase agreement between the Corporation and, inter alia, [COMPANY NAME] submitted to and reviewed by the Board of Directors of the Corporation (the "Share Purchase Agreement"); THAT the Corporation be and it is hereby authorized to enter into the Share Purchase Agreement; THAT any officer or director of the Corporation, acting alone, be and he is hereby authorized and directed for and on behalf of and in the name of the Corporation to execute and deliver the Share Purchase Agreement with such changes as he in his discretion may deem fit, his signature being conclusive proof of the execution of the Share Purchase Agreement by the Corporation, as well as to execute and deliver all such other deeds, documents, instruments in writing and to perform and do all such acts and things as he in his discretion may consider to be necessary, desirable or useful for the purpose of giving effect to this resolution. UNANIMOUS SHAREHOLDERS' AGREEMENT RESOLVED: