RESOLUTIONS ADOPTED. At a meeting of the Directors of the Corporation, or if the Corporation is a close corporation having no Board of Directors then at a meeting of the Corporation's shareholders, duly called and held ON AUGUST 24, 2006, at which a quorum was present and voting, or by other duly authorized action in lieu of a meeting, the resolutions set forth in this Resolution were adopted.
RESOLUTIONS ADOPTED. The Board of Directors of the Company shall have adopted resolutions (“Resolutions”) in the form attached hereto as Exhibit J, which shall be in full force and effect without any amendment or supplement thereto as of the Put Date;
RESOLUTIONS ADOPTED. At a meeting of the Directors of the Corporation, or if the Corporation is a close corporation having no Board of Directors then at a meeting of the Corporation's shareholders, duly called and held on ________________, at which a quorum was present and voting, or by other duly authorized action in lieu of a meeting, the resolutions set forth in this Resolution were adopted.
RESOLUTIONS ADOPTED. At a meeting of the members of the Company, duly called and held on December 21, 2004, at which a quorum was present and voting, or by other duly authorized action in lieu of a meeting, the resolutions set forth in this Resolution were adopted.
RESOLUTIONS ADOPTED. The Summit Board of Directors shall have adopted resolutions accomplishing in substance as follows, in form reasonably acceptable to OrCAD, each resolution to be effective at the Effective Time and none having been altered or amended as of the Effective Time:
RESOLUTIONS ADOPTED. The Board of Directors of the Company shall have adopted resolutions (“Resolutions”) in the form attached hereto as Exhibit J, which shall be in full force and effect without any amendment or supplement thereto as of the Put Date; Rule 144(i) does not prohibit the resale of securities under Rule 144 that were not initially issued by a reporting or non-reporting shell company or an issuer that has been at any time previously such a company, even when the issuer is a reporting or non-reporting shell company at the time of sale. Rule 144(i)(1)(i) is not intended to capture a “start-up” company or, in other words, a company with a limited operating history, in the definition of a reporting or non-reporting shell company, as we believe that such a company does not meet the condition of having “no or nominal operations”. Based upon the above referenced Footnote 172, it is agreed and understood that the Company has never been a Shell Company since inception. Notwithstanding the foregoing that the Company has never been a Shell Company since inception, that Company has furthermore not been a Shell Company since October 12, 2010 at which time the Company filed current “Form 10 information” with the Securities and Exchange Commission reflecting its status as an entity that is no longer an issuer described in Rule 144(i)(1). Therefore, the date that the shares issued to the Investor can be sold under Rule 144 without volume restrictions shall be six (6) months after the date of such issuance, provided that the Company remains current in its public reporting under the 1934 Act hereafter.
RESOLUTIONS ADOPTED. At a meeting of the members of the Company, duly called and held on , at which a quorum was present and voting, or by other duly authorized action in lieu of a meeting, the resolutions set forth in this Resolution were adopted.
