Resolutions of the board of directors of a corporation authorizing its entry into a joint venture carried out through a separate entity, including execution and delivery of the joint venture's LLC agreement, stockholders agreement, or other primary governing agreement, a contribution agreement, and any service, intellectual property (IP), or other ancillary agreements. These resolutions are drafted as standard clauses and should be inserted into board minutes or a form of written consent. This Standard Clause has integrated notes with important explanations and drafting tips.