Use and customize this free shareholder resolution template to ensure shareholder engagement and corporate governance in 2023. Shareholder Resolutions.For example, a directors' resolution may refer to the "Class A" shares. Each class also states whether the class is comprised of "common" or "preferred" shares. In place of litigation may be one of the various methods of alternative dispute resolution, such as arbitration or mediation. A: A shareholder resolution is a formal document used to express the opinion of shareholders in a company. Disclosure is in the best interest of the company and its shareholders. Clark J. Lare, et al. No. 55, September Term 2014.