Directors Resolution to Adopt Pre-Incorporation Contracts | Canada

Adopt any pre-incorporation contracts signed by a principal of a Canadian corporation on behalf of the company with this free template Directors' Resolution form.

• The Board of Directors resolve to adopt any contracts entered into by the authorized signing authority on behalf of the corporation prior to its incorporation.
• The corporation also releases the principal from any liability with respect to the contracts.
• It's common practice for a corporate insider to sign contracts prior to incorporating. This Directors' Resolution binds the corporation by the terms of the contracts as if it had signed on its own behalf.
• This form can be used by any corporation incorporated under a Business Corporations Act, whether under federal or provincial law. Not for use in Quebec.