Resolution of Board of Directors
Senior Care Industries, Inc.
October 6, 2000
At a special meeting of the Board of Directors of Senior Care
Industries, Inc. duly noticed, at which the following members of the Board of
Directors were present and constituting a quorum:
Stephen Reeder
Martin Richelli
Richard Hart
Bob Coberly
Denzel Harvey
Scott Brake
the following Resolution was adopted by unanimous vote of those
present:
BE IT RESOLVED that the following shares be issued under the terms of
the 2000 Stock Option Plan which became effective on January 31, 2000 and that
those shares be issued for the option price of $.10 per share, said payment to
be paid into the treasury of the Company upon the exercise of the option hereby
granted:
Richard Hart 55,000
Martin Richelli 55,000
Denzel Harvey 55,000
David Tsai 55,000
Stephen Reeder 115,000
Bob Coberly 55,000
John Cruickshank 55,000
Scott Brake 55,000
Al Harvey 55,000
Bob Eschwege 55,000
and that the Company shall bear the expense of registering the said shares by
the filing of an S-8 Registration Statement and Prospectus.
Dated: October 6, 2000
/S/ Stephen Reeder
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Stephen Reeder
Director
Dated: October 6, 2000
/s/ Richard Hart
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Richard Hart
Director
Dated: October 6, 2000
/S/ Bob Coberly
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Bob Coberly
Director
Dated: October 6, 2000
/S/ Scott Brake
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Scott Brake
Director
Dated: October 6, 2000
/S/ Martin Richelli
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Martin Richelli
Director
Dated: October 6, 2000
/S/ Denzel Harvey
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Denzel Harvey
Director
