Board Resolution Approving an Acquisition

BOARD RESOLUTION APPROVING AN ACQUISITION

WHEREAS, it is deemed desirable and in the best interests of this corporation that the following actions be taken by the Directors of this corporation pursuant to this Resolution,

NOW, THEREFORE, BE IT RESOLVED that, pursuant to applicable law, the undersigned, being all of the Directors of this corporation, hereby consent to, approve, and adopt the following:

ACQUISITION

RESOLVED THAT, it is in the best interests of the corporation to acquire [all of the outstanding stock] [all of the assets of] ABC, Inc. , a ________________ [corporation, LLC, limited partnership] ("ABC");

RESOLVED FURTHER THAT, the acquisition of said [stock] [assets] is intended to be for a price of approximately $__________ payable in [cash; cash with notes; stock];

RESOLVED THAT, the officers of this corporation....