Board Resolution to Settle Litigation

About this template:

Use this template as an example of a document for the board to sign on their agreement to accept a litigation settlement. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with agreeing to accept a litigation settlement. Find more board of resolution templates here https://www.templateguru.co.za/documents/board-resolutions/

Excerpt:

BOARD RESOLUTION OF [YOUR COMPANY NAME] TO SETTLE LITIGATION WHEREAS it is in the best interests of [YOUR COMPANY NAME] to accept said settlement and terminate the litigation

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