Corporate Resolutions Approving Merger with Subsidiary | USA

Merge a North Carolina company with a wholly owned subsidiary under the terms of this Agreement and Plan of Merger.

• After the merger, the subsidiary will cease to exist and the company will continue in existence as the surviving corporation.
• The shares of the subsidiary will be canceled and the shares of the Company will be converted into stock in the surviving corporation.
• The company will not amend its articles or by-laws, reorganize its share capital, redeem or pay dividends on its stock, acquire or dispose of capital assets from the date of the agreement until the effective date of the merger.
• Employees of the company will become employees of the surviving corporation after the merger.

This template Agreement and Plan of Merger is prepared under North Carolina laws. Affordable and easy to use.