Shareholders Resolution to Appoint Transfer Agent | Canada

Appoint a trust company as transfer agent and registrar of securities in connection with a preliminary prospectus under this template agreement for Canadian issuers.

• The transfer agent is also appointed as dividend disbursement agent, to distribute dividends to the shareholders.
• The transfer agent will record all new share issuances and sales and transfers of shares, will issue all certificates, and keep up-to-date shareholder registers.
• The issuer indemnifies the transfer agent against all claims and losses arising in connection with its performance under the agreement except for instances of negligence, misconduct or bad faith.
• This legal contract template is available as a fully editable MS Word template.
• Intended for use only in Canada.

Retain a sales agent and a trustee in connection with a public offering of shares under a prospectus with this Agency and Trustee Agreement for Alberta issuers.

• The issuer (offering corporation) retains the Agent to sell the securities on a 'best efforts' basis.
• The Trustee will hold all subscription funds on behalf of the issuer.
• The Agent may enter into arrangements with other investment dealers registered to sell securities in Alberta, at no additional cost to the issuer.
• The Trustee will keep the subscription funds in a daily-interest escrow account or in short-term interest-bearing securities.
• The issuer indemnifies the Trustee against claims or losses, and against its costs incurred in the performance of its duties.
• The issuer also indemnifies the Agent against claims or losses, costs or expenses (except loss of profits).
• Available in MS Word format.
• Intended to be used in the Province of Alberta, Canada.

Downloadable shareholders resolution authorizing the directors of a Canadian corporation to issue a prospectus.

Purpose of Corporate Resolution

Under Business Corporations Act requirements, the shareholders must authorize the Board of Directors to issue a preliminary prospectus for a public offering of common shares.

Content of Resolution

• The shareholders approve the draft of the prospectus, as well as a stock option plan.
• The shareholders authorize the directors to file the prospectus, and to grant options under the stock option plan.
• The corporation is authorized to list its shares on a specified stock exchange.

Format and Jurisdiction

This template resolution is available in MS Word format and is downloadable and fully editable.

The Shareholder Resolutions Authorizing Prospectus was prepared to comply with the requirements of the Business Corporations Act and is intended to be used only in Canada.