Share Option Exercise Form

Authorize stock options to key personnel with this package of Directors Resolutions for Alberta corporations, which includes the following items:

1. Resolutions of the Directors authorizing the options and setting out the numbers of shares to be issued to each person, and the option price,
2. an Amending Resolution changing the option price of shares under existing stock option agreements.

Stock options cannot be issued without the authorization of the Board. You can use these Alberta Directors Resolution templates each time the corporation decides to issue new stock options.

Create a Stock Option Plan for key employees and directors of a Canadian company with this template Employee and Director Stock Option Plan.

• Participation in the Stock Option Plan is voluntary.
• Rights under the Plan are non-transferable by the participant (except upon death, when exercise rights pass to the legal beneficiaries).
• The company's board of directors will determine which employees are eligible to receive stock options.
• At the discretion of the board, the terms of unexercised options may be renegotiated, including exercise price.
• This template form is downloadable and fully editable.
• Intended for use only in Canada.