The document is a Resolution of the Board of Directors for the issuance of common stock within Alameda. It outlines the formal procedure for the Board to authorize the issuance of shares in exchange for capital or assets from specified individuals. Key features include detailed sections for naming the individuals, the number of shares, and the consideration given for those shares. Filling instructions specify that the President and Secretary must sign and date the resolution. This form is useful for attorneys, partners, and corporate owners to formalize stock transactions, ensuring compliance with corporate bylaws. Paralegals and legal assistants can utilize it to assist with documentation and record-keeping. The form is also relevant for associates handling stock issuances, providing clarity on the process of share distribution in a business setting.