Legal Forms

Prepare a Directors' Resolution to reissue shares following a name change with this free template for Canadian corporations.

• When a corporate entity changes its name following an amalgamation, merger or otherwise, the previously issued and outstanding shares must be cancelled and new shares issued under the new name.
• This requires the authorization of the directors by way of a resolution.
• This corporate resolution template can be used in any province or territory of Canada which has a Business Corporations Act in effect.
• Available in MS Word format.

Remove a corporate officer from office and appoint a successor with this Directors Resolution to Remove Officer.

• The Resolution must be passed by a majority of the directors of the corporation.
• The file also includes a Notice to Officer which must be sent to the officer being removed, informing him/her that he/she has been removed from office.
• This Directors Resolution to Remove Officer form does not contain country-specific references and can be used in most U.S. states and Canadian provinces.
• The form is available as a downloadable and fully editable MS Word document.

Fix the salary of a corporate officer at a specific amount with this Directors' Resolution for Canadian corporations.

• This is a free downloadable form in MS Word format.
• Fully editable and reusable.
• This Resolution template can be used by companies incorporated under any provincial or federal Business Corporations Act.

Fix the salary of a corporate officer at a specific amount with this free Directors Resolution template for US corporations.

Download the free MS Word file or just copy and paste the following text.

RESOLUTIONS OF THE DIRECTORS OF ___________________ (insert name of corporation)
(the "Corporation")

SALARY OF ______________ (insert name of officer)

BE IT RESOLVED THAT the salary of ____________________ (insert name), as ______________ (insert position) of the Corporation, is hereby fixed at the sum of ___________________ (insert number in words) DOLLARS ($______) (insert amount) per month, commencing the ____ day of ____________, _______,and continuing until the further action of this Board of Directors.

The undersigned, constituting all members of the Board of Directors of the Corporation, hereby adopt the foregoing resolutions.

DATED at ___________________ (insert city, state) this _____ day of ______________, _______.


_______________________________
Signature of Director


_______________________________
Signature of Director

Prepare a resolution of the board to form an audit committee with this easy to use template form for USA corporations.

• The Board of Directors will pass resolutions to:
  • formally establish the audit committee and appoint the committee members,
  • mandate how committee meetings will be held,
  • set out how the committee will carry out its duties,
  • establish a procedure for committee reports to be made to the Board.
• These Directors Resolutions can be used throughout the United States.
• The template is available in MS Word format and is editable and reusable.

Before a Canadian corporation can redeem any of its issued shares, the action must be authorized by a Resolution of the Directors.

• Use this easy downloadable template to prepare the Resolution form.
• By passing the Resolution, the Board of Directors authorizes the redemption of shares from a shareholder.
• The shares will be redeemed provided that the corporation determines that redeeming the shares would not render the corporation unable to meet its liabilities.
• A resolution for redemption of shares also requires the consent of the shareholders.
• This corporate template can be used by federal corporations and by any provincial corporation which was formed under a Business Corporations Act. A French language translation is required for use in Quebec.

Pass resolutions to form an audit committee with this set of Directors' Resolutions for a Canadian corporation.

• The resolutions deal with all matters relevant to the formation of the committee, including:
  • appointing the members of the audit committee,
  • determining how and when the committee will meet,
  • establishing how the audit committee will carry out its duties, and
  • setting procedures for the committee's reports to the Board.
• These template resolutions can be used by any business corporation incorporated under a Business Corporations Act throughout Canada, including the federal Act.

Before a Canadian corporation can grant a mortgage to a lender, the Board of Directors must pass these resolutions to approve the action.

• The directors authorize the corporation to mortgage certain property to a lender as security for a loan, an operating line or other amounts advanced by the lender to the corporation.
• This downloadable template can be used by corporations incorporated under the Canada Business Corporations Act or under any provincial Business Corporations Act.
• A French language translation may be required for use in Quebec.
• The Directors Resolution to Grant Mortgage form for Canada is a fully editable and easy-to-use MS Word template.

These Director's Resolution templates are for Canadian oil and gas companies who want to offer flow-through shares to investors.

• The Board of Directors resolve to offer a specified number of flow-through shares to existing shareholders or new investors.
• Funds raised will be used for the company's exploration program.
• The second set of Resolutions authorizes the transfer of the flow-through shares from Treasury to the purchaser, after the share price has been received.
• The company will 'flow through' to the shareholder certain tax deductions that are generated from the company's capital expenditure programs.
• The Director's Resolution templates can be used by companies incorporated in any Canadian province or territory that has a Business Corporations Act.
• Add the digital file to your cart, click the 'Check Out' button and pay for your purchase through our secure payment server. You can then download the form.

Organize a newly incorporated Canadian corporation with these initial Directors Resolutions to Organize Corporation.

• These resolutions can be signed by all of the directors in lieu of holding a formal organizational meeting.
• The resolutions deal with the following matters:
  • appointing the corporate officers,
  • adopting the corporation's by-laws,
  • adopting a form of share certificate and issuing shares to the initial shareholders,
  • designating one or more officers as corporate signing authorities,
  • appointing a bank,
  • setting the fiscal year end of the corporation,
  • indemnifying each person who acts as a director or officer.
• These Canada Directors Resolutions to Organize Corporation are provided as a downloadable MS Word file which is fully editable.
• The documents can be used by corporations formed under any Business Corporations Act, whether federally or provincially. Different forms may be required for Quebec.