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Issue Option To Buy Shares
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 [Buyer's Name] an option to purchase an aggregate of [Amount of Shares] shares of the unissued common stock of the Corporation for the option price of $ [Amount of Money] U.S. Dollars per share. This option shall terminate on [Date].
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 the corporation above-named. The undersigned also certifies that this corporation has been duly formed in accordance with the laws 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 above-named Corporation on [Date], 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 on [Date]
A True Record.
Attest.
Secretary