Law Firm Board Resolution to Settle Litigation

WHEREAS, [Your Company Name] (the "Company") is currently engaged in litigation titled [Case Name, Case Number], pending before [Court Name]; and

WHEREAS, the Board of Directors of the Company (the "Board") has reviewed and considered the legal issues, potential risks, and financial implications associated with continuing the litigation; and

WHEREAS, the Company's legal counsel has recommended that it would be in the best interests of the Company to settle the aforementioned litigation on certain terms and conditions;

NOW, THEREFORE, BE IT RESOLVED, that the Board hereby approves the settlement of the litigation [Case Name, Case Number] on the terms discussed and recommended by the legal counsel;

BE IT FURTHER RESOLVED, that the President, or any Vice President, in conjunction with the Secretary or any Assistant Secretary, are hereby authorized and directed to execute any and all documents, and take any and all actions necessary to finalize and effectuate the settlement of this litigation, including but not limited to, executing settlement agreements, releases, and any other necessary legal documents;

BE IT FURTHER RESOLVED, that all actions taken by the aforementioned officers of the Company that are within the bounds of this resolution are hereby ratified, approved, and confirmed;

BE IT FINALLY RESOLVED, that this resolution shall be effective immediately upon its adoption and shall be filed in the minute book of the Company and made a part of the permanent records of the Company.

Adopted and approved by the Board of Directors of [Your Company Name] on this [Month, Day, Year].

[Board President Name]

[Secretary of the Board Name]