---
title: Is a DCR distribution agreement provided by addy?
description: A DCR distribution agreement is one of the key documents provided by addy as part of the issuance process.
---

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# Is a DCR distribution agreement provided by addy?

## A DCR distribution agreement is one of the key documents provided by addy as part of the issuance process.

For a brief overview of the document, please see below. Click [here](https://learning.addyinvest.com/hubfs/dcr_distribution_template.pdf?hsLang=en) to view our template DCR distribution agreement.

- A director's consent resolution distribution agreement is a formal document where the directors of a company or partnership consent to and authorize the declaration and distribution of dividends or distributions to shareholders or unit holders.
- This agreement typically includes:
  
    1. **Declaration of Distribution**: The resolution states the amount per share or unit that will be distributed to the shareholders or unit holders.
    2. **Authorization**: It authorizes the officers or designated individuals to execute the necessary actions to effectuate the distribution, such as signing documents and completing transactions.
    3. **Record Dates**: It specifies the record date, which determines the shareholders or unit holders who are entitled to receive the distribution.
    4. **Legal Compliance**: It ensures that the distribution complies with the company's bylaws or partnership agreement, as well as relevant legal requirements and regulations.
    5. **Execution**: The agreement is signed by the directors, confirming their consent to the distribution and their authorization for it to proceed.

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