This Directors Resolution Authorizing Stock Transfer will effectively authorize a stock transfer through resolution agreed upon at a formal directors meeting. This resolution sets forth the time and date of the meeting, that a quorum was present and specifics about the shares to be transferred. A Consent Resolution authorizing this stock transfer is also included. This consent differs in that the transfer was authorized and resolved without a formal meeting and therefore must be signed by all directors. Both resolutions become a part of the official record of the corporation.

This Directors Resolution Authorizing Stock Transfer contains the following:

• Checklist: Detailed checklist which contains the titles of resolutions which must be approved at an official meeting of the board;
• Transfer Resolution: Resolution which sets forth that the board approves a transfer of stock during a formal meeting of the board;
• Notes/Instructions: Notes regarding consent resolutions which are made without the benefit of a formal directors' meeting;
• Consent Resolution: Consent resolution which clearly sets forth the number of shares to be transferred. This resolution must be signed by all board members because it was agreed to without a formal meeting of the board.

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This attorney-prepared packet contains:

1. Information
2. Directors Resolution Authorizing Stock Transfer

State Law Compliance: This form complies with the laws of all states