Ontario Resolutions to Set Up Employee Stock Option Plan

Authorize the establishment of an Employee Stock Option Plan (ESOP) to issue stock options to key personnel with this Resolutions Package for Ontario corporations which contains:

1. Resolutions of the Shareholders approving the ESOP,
2. Resolutions of the Directors authorizing the corporate officers to take all necessary actions to establish the ESOP,
3. Resolutions of the Directors approving a policy statement outlining the Plan and implementing the ESOP,
4. Resolution of the Directors granting stock options to certain employees, directors and consultants.

These Ontario Corporate Resolutions to Set Up Employee Stock Option Plan are available as a single downloadable MS Word file, which is fully editable.