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Board Of Directors Resolution Acceptance Of Offer To Purchase Shares
BOARD OF DIRECTORS RESOLUTION
ACCEPTANCE OF OFFER TO PURCHASE SHARES
A written offer from [Mr./Mrs./Ms./Miss] [Name of grantee] was presented to the board of directors at its [Date of meeting] meeting. The chairperson read the offer dated [Date of offer], to purchase [Number of shares] shares of the stock of this Corporation. After it was moved, seconded, and discussed, it was
RESOLVED, that the written offer from [Name of offeror], dated [Date of offer], a copy of which is attached, to purchase [Number of shares] shares of the [Type of stock] stock of this Corporation is hereby accepted.
IT IS FURTHER RESOLVED, that upon receipt of the consideration therefore, the Secretary is directed to issue to [Name of grantee], a certificate representing [Number of shares] shares of the [Type of stock] stock of this Corporation.
IT IS FURTHER RESOLVED, that the shares issued as such shall be treated as fully paid and non-assessable.
For the Board of Directors Date