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Letter Of Authority To Sign On Behalf Of Company
"I need a Letter Of Authority To Sign On Behalf Of Company authorizing our Regional Sales Manager to execute sales contracts up to £50,000 in value, effective from 1 March 2025 until 31 December 2025, for our UK operations."
1. Letter Header: Company letterhead, date, reference number and addressee details
2. Authorized Individual Details: Full name, position, and contact details of person being authorized to act on behalf of the company
3. Scope of Authority: Clear description of specific powers being granted, including any limitations or restrictions
4. Duration of Authority: Time period for which the authority is valid, including start and end dates if applicable
5. Company Details: Full legal name of the company, registration number, registered address and other corporate details
6. Execution Block: Signature blocks for company director(s) or authorized officers granting the authority
1. Specific Transaction Details: Used when authority is being granted for a specific transaction or project only
2. Substitute Authority Clause: Section specifying whether the authorized person can delegate their authority to others
3. Reporting Requirements: Details of any obligations to report actions taken under the authority
4. Revocation Clause: Specific conditions under which the authority may be revoked before the end date
5. Indemnification: Terms regarding company's indemnification of the authorized individual for actions taken under the authority
1. Board Resolution: Copy of board resolution approving the grant of authority
2. Specimen Signature: Sample signature of the authorized individual for verification purposes
3. ID Documents: Copies of authorized individual's identification documents
4. Schedule of Specific Powers: Detailed list of specific actions or transactions the individual is authorized to undertake
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