Unanimous Shareholder Written Consent (Preferred Stock Financing)

This Unanimous Written Consent of Shareholders is for use when the shareholders approve the issuance of Series A Preferred Stock to investors (also known as a Preferred Stock Financing). A Unanimous Written Consent is for use when a company's shareholders take formal actions without a formal meeting. It is imperative that this action be clearly and succinctly set out in writing and contain all the resolutions that the shareholders agree upon. This Unanimous Written Consent includes resolutions for the approval of stock financing, sale and issuance of stock to investors and the fair market value for the Series A stock shares. (continued ...)