DIY Legal Forms

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Approve Stock Bonus To Directors

WHEREAS, the Board of Directors is desirous of making certain bonuses available to the officers of the Corporation in the form of shares of common stock; be it

RESOLVED, that the following officers of the Corporation be issued as a bonus the number of shares of common stock of the Corporation as is set forth opposite their respective name:

Name:

Title:

Number of Shares:

The undersigned hereby certifies that [Name] is the duly elected and qualified Secretary and the custodian of the books and records and seal of [Name], a corporation duly formed pursuant to the laws of the State of [State], and 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 state law 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