“S” Election

MINUTES OF DIRECTORS MEETING OF

,

A CORPORATION.

             The board of directors of held a meeting on at .

            The following individual(s) were present at the meeting representing a Quorum and/or all of the Directors of :

Also present at the meeting were the following individuals, if any:

            The Directors noted that they had reviewed and considered the election to be treated as an S Corporation by the IRS for tax purposes. Based on this review and consideration by the Directors, the following resolution was unanimously adopted:

            RESOLVED, that the Corporation elect to be treated as an S Corporation by the IRS for tax purposes.

            RESOLVED FURTHER, that the Officers of this Corporation are authorized and directed to take any action necessary to effectuate the foregoing resolution.