Law Firm Board Resolution Approving Negotiation

The Board of Directors of [Your Company Name] (the "Company"), a [State] Corporation, on this [Day] day of [Month], [Year], at a meeting at which a quorum was present and acting throughout, hereby adopts the following resolution:

WHEREAS, the Company has been presented with the opportunity to engage in significant negotiations that may contribute to the growth and operational goals of the Company;

WHEREAS, the Board has considered the potential benefits and risks associated with entering into negotiations;

BE IT RESOLVED THAT, the Company’s Board of Directors authorizes the CEO and any other designated officers of the Company to initiate and engage in negotiations as outlined in the attached proposal. These negotiations are pertinent to exploring the potential acquisition of [Partner Company Name], a smaller firm specializing in intellectual property law, which aligns with our strategic goals to enhance our legal services in the technology and innovation sectors. This negotiation aims to integrate [Partner Company Name] operations and personnel into our firm, potentially expanding our market reach and expertise. The negotiation will also explore terms that ensure a smooth transition for both firms' clients and staff, aiming to preserve continuity in client service and employee relations while achieving financial and strategic benefits anticipated from this acquisition.

BE IT FURTHER RESOLVED THAT, the CEO and designated officers are empowered to enlist the assistance of legal counsel and other experts as necessary to facilitate these negotiations and to ensure the best interests of the Company are upheld;

BE IT FURTHER RESOLVED THAT, all actions, contracts, and agreements made by the CEO and designated officers in connection with these negotiations are to be reported back to the Board at regular intervals and are subject to final approval by the Board of Directors;

BE IT FURTHER RESOLVED THAT, this resolution shall take effect immediately and shall empower the designated officers until such a time as the negotiations are concluded or until the Board decides otherwise.

The undersigned, [Name], the Secretary of the Board of Directors of [Your Company Name], does hereby certify that the above is a true and correct copy of the resolution duly adopted by the Board at a meeting held on the aforementioned date.

Adopted on: [Date]

Board Secretary: [Secretary’s Name]