Arizona Dissolve Old Contract — Enter Ne— - Resolution Form - Corporate Resolutions: In Arizona, when a corporation wishes to dissolve an old contract and enter into a new one, a resolution form known as the "Arizona Dissolve Old Contract — Enter Ne— - Resolution Form - Corporate Resolutions" comes into play. This form is utilized to properly document and authorize the dissolution of an existing contractual agreement, as well as the subsequent creation of a new one. This resolution form is essential for corporations operating in Arizona as it ensures that all necessary legal steps are taken during the dissolution process. It effectively outlines the intentions of the corporation to terminate the old contract and replace it with a new agreement. By formally documenting this decision, the corporation ensures compliance with state laws and avoids any potential legal discrepancies. Keywords: Arizona, dissolve, old contract, enter new, resolution form, corporate resolutions. Different Types of Arizona Dissolve Old Contract — Enter Ne— - Resolution Form - Corporate Resolutions: 1. Shareholders' Resolution Form: This type of resolution form is used when the corporation's shareholders collectively vote to dissolve the old contract and enter into a new one. It typically requires the approval of a specific percentage or the majority of shareholders, as outlined in the corporation's bylaws. 2. Board of Directors' Resolution Form: In cases where the power to dissolve contracts and enter new ones is vested in the board of directors, this resolution form is employed. It documents the board's decision to terminate the existing contract and enter into a new agreement. The form usually includes details of a board meeting where the resolution was adopted. 3. Executive Management Resolution Form: Some corporations delegate the authority to dissolve contracts and enter new ones to their executive management team. In such cases, this resolution form is utilized to record the decision made by the executives. It often requires the signatures of the executives who were part of the decision-making process. 4. Joint Resolution Form: In situations where multiple parties are involved in dissolving an old contract and creating a new one, a joint resolution form is used. This form helps document the agreement between the parties and outlines their common intention to dissolve the existing contract and enter into a new one. These variations of the Arizona Dissolve Old Contract — Enter Ne— - Resolution Form - Corporate Resolutions cater to different decision-making bodies within a corporation, ensuring that all necessary approvals and authorizations are obtained in compliance with Arizona laws.