This template for a board resolution is for contribution of assets or shares from an Ohio corporation to a wholly owned subsidiary. We provide a free LLC capital contribution agreement template that can be used for both initial and additional capital contributions.Changes in Capital Structure: Resolutions are used to approve changes in the corporation's capital structure, such as stock splits or reverse stock splits. Resolutions of the board of directors of a corporate limited partner authorizing an additional contribution of capital to a limited partnership (LP). Initial Capital Contributions.