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Approve Stock Option Plan
APPROVE STOCK OPTION PLAN
RESOLVED, that the Stock Option Plan attached to this resolution is hereby approved, and
RESOLVED FURTHER, that the Board of Directors is hereby authorized to set aside a
total of [Number of shares] shares of the common stock without par value of this Corporation, pursuant to the increase in the capital stock duly authorized by the stockholders of this Corporation on [Date] for sale and issuance to the executives and key employees of this Corporation upon the terms of said Stock Option Plan.
The undersigned hereby certifies that [he/she] is the duly elected and qualified Secretary and the custodian of the records and books and seal of the [Name of Corporation] corporation. The undersigned also certifies that this corporation has been duly formed in accordance with the laws of [State of Jurisdiction]. Furthermore, the undersigned certifies that the foregoing is a true record of a resolution duly adopted at a meeting of the Board of Directors, and that said meeting was held in accordance with the applicable laws and the Bylaws of the [Name of Corporation] Corporation on [Date of Meeting], 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 [Name of Corporation] Corporation on [Date signed]
A True Record.
Attest.
Secretary