Board Resolution For Share Issuance Template

This board resolution for share issuance template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution for share issuance template:

[YOUR COMPANY NAME] BOARD RESOLUTION FOR SHARE ISSUANCE ADOPTED ON [DATE] The undersigned, being all the directors of [YOUR COMPANY NAME], hereby sign the following resolutions: RESOLVED THAT: The company is authorized to issue [NUMBER] shares of [CLASS] stock to [RECIPIENT NAME], in exchange for [CONSIDERATION DESCRIPTION]. The terms and conditions for the issuance of the shares are set forth in the subscription agreement dated [DATE], which is appended as Schedule A to these resolutions. The officers of the company are authorized and directed to take all necessary steps to issue the shares to [RECIPIENT NAME] and to update the company's stock ledger accordingly. The officers of the company are further authorized to file any necessary documents with the appropriate regulatory authorities to effectuate the issuance of shares.