Directors Resolution to Set Aside Shares Under Share Purchase Agreement

Use this template to prepare a Resolution of the Directors of a corporation authorizing the corporation to issue and set aside sufficient shares to satisfy the terms of a Share Purchase Agreement.

The shares being set aside will be issued as consideration in payment of the purchase price of shares in another company, which are being acquired by the corporation under the Share Purchase Agreement.

This Directors Resolution to Set Aside Shares Under Share Purchase Agreement is provided in MS Word format and is fully editable.