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Authorization Letter
1. Introduction:
This authorization letter is to formally grant permission and authorize [Your Name] to act on behalf of [Your Company/Organization] in all matters related to [Specify Tasks/Responsibilities]. This letter is valid from [Start Date] to [End Date], and any actions or decisions made by [Your Name] during this period shall be considered as if made by [Your Company/Organization] itself.
2. Scope of Authorization:
2.1 Financial Matters:
[Specify the financial matters that the authorized person can handle, such as making payments, signing checks, accessing bank accounts, etc.]
2.2 Legal Documents:
[Specify the legal documents that the authorized person can sign, such as contracts, agreements, legal notices, etc.]
2.3 Representational Authority:
[Specify the areas or situations in which the authorized person can represent the company/organization, such as attending meetings, speaking on behalf of the company, negotiating deals, etc.]
3. Limitations:
3.1 Financial Limit:
[Specify the financial limit up to which the authorized person can make decisions or transactions without seeking further approval.]
3.2 Time Limit:
[Specify if there are any time restrictions or deadlines within which the authorized person needs to complete the assigned tasks.]
3.3 Exclusions:
[Specify any tasks or responsibilities that are explicitly excluded from the authorization.]
4. Withdrawal of Authorization:
[Your Company/Organization] reserves the right to withdraw this authorization letter at any time, without prior notice, should it be deemed necessary or in case of any misconduct or breach of trust by the authorized person. In such cases, the authorized person will be required to return all company property, documents, and cease any further actions or representations on behalf of [Your Company/Organization].
5. Indemnification:
[Specify any clauses related to indemnification or liability in case of any losses or damages incurred due to actions or decisions made by the authorized person.]
6. Contact Information:
In case of any queries or to verify the authenticity of this authorization letter, please feel free to contact the undersigned:
[Your Name]
[Your Designation]
[Your Company/Organization]
[Contact Information]
7. Conclusion:
This authorization letter is a legal document and supersedes any prior agreements or permissions given in this regard. The authorized person is expected to act in the best interests of [Your Company/Organization] and abide by all applicable laws and regulations.
By signing below, I hereby acknowledge that I have read and understood the terms and conditions mentioned in this authorization letter and agree to comply with them.
[Your Name]
Date: [Date]
[Signature]
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