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Power of Attorney - Company

Transaction

This POA is suitable for a corporate entity in connection with appointing an Attorney for the execution of a corporate or commercial transaction and its documents.

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The document should be signed by the authorised signatory (or directors of a company) and witnessed to complete the formality.

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Document Description

This POA is suitable for a corporate entity in connection with appointing an Attorney for the execution of a corporate or commercial transaction and its documents.

The Principal appoints the Attorney:

to negotiate, sign, execute, deliver and issue on behalf of the Principal an engrossment of the proposed agreement between the Principal and [COUNTERPARTY] (the "Agreement") with any amendments (including amendments of substance) which he thinks necessary or advisable;

to negotiate, execute, deliver and issue on behalf of the Principal any document, notice, instrument or other communication whatsoever (whether under hand or seal or as a deed and with all such amendments as the Attorney or any of them shall consider appropriate) required in the opinion of the Attorney or any of them to be negotiated, executed, delivered or issued from time to time by the Principal to comply with its obligations under the Agreement.

How to use this document?

This document should be carefully read by the Principal and the Attorney. Both parties should sign and return a copy, and once signed, both parties should get a copy.

To avoid any future disputes, both parties may wish to have their signatures witnessed.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.  

 

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