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Resolution: Issue Option To Buy Shares

WHEREAS, in the judgment of the Board of Directors, it is in the best interests of the Corporation to grant to _______________ an option to purchase a certain number of shares of common stock of the Corporation; be it

RESOLVED, that for the good consideration, the Corporation grant and issue to _______________ an option to purchase an aggregate of _______________ (_______________) shares of the unissued common stock of the Corporation for the option price of $_______________ per share. This option shall terminate on _______________.

The undersigned hereby certifies that he/she is the duly elected and qualified Secretary and the custodian of the books and records and seal of _______________, a corporation duly formed pursuant to the laws of the state of _______________, and that the foregoing is a true record of a resolution duly adopted at a meeting of the _______________ and that said meeting was held in accordance with state law and the Bylaws of the above-named Corporation on _______________, and that said resolution is now in full force and effect without modification or rescission.

IN WITNESS WHEREOF, I have executed my name as Secretary and have hereunto affixed the corporate seal of the above-named Corporation this __________ of __________, 20 ___.

A TRUE RECORD.

ATTEST.

Secretary