Shareholder Resolution Approving an Agreement

WHEREAS, pursuant to the applicable and the Bylaws of this corporation, it is deemed desirable and in the best interests of this corporation that the following actions be taken by the Shareholders of this corporation pursuant to this Written Consent:

NOW, THEREFORE, BE IT RESOLVED that the undersigned Shareholders of this corporation hereby consent to, approve and adopt the following:

APPROVAL OF AGREEMENT.

RESOLVED, that, it is determined that it would be in the best interests of the corporation to enter into an agreement with [name of party] that would provided for [describe general terms of agreement].

RESOLVED, that the form of __________ Agreement presented to the shareholders is hereby approved and consented to, and the officers of this corporation are, and each individually is, authorized and instructed, for and in the name of this corporation, to execute and deliver such Agreement in....