A representative with the power to sign an agreement. AKA signing officer.
Summary
An authorized signatory is a person having the legal power to sign a legal document for Axelerant.
Axelerant’s CXOs and directors plus delivery services and revenue team members are authorized to bind the company legally.
They can delegate signatory powers to other permanent team members
Who
At Axelerant, permanent team members of role level L5 or higher, e.g., directors and CXOs, plus delivery services and revenue team members of role level L2 or higher, are considered authorized signatories. They have been granted the authority to sign documents, contracts, agreements, or other legally binding assets on behalf of Axelerant by Ankur Gupta, CEO, and Michael Cannon, CSO.
Responsibility Granted
The situations below are not all-inclusive. When not sure, ask and update the following.
Dealing with resolutions
Signing and delivering official documents and agreements with third parties and serving as Axelerant’s agent
Signing/authorizing goods/product/services/subscription orders
Signing/authorizing job offers, employment agreements, and termination documents
Signing/authorizing permits, passes or time-sheets
Signing/authorizing master services agreement, change orders, sales contracts
Giving any notices
Executing any specific undertakings and approvals
Responsibility Excluded
Directors, by default, do not have bank transaction authority, for that requires authorization with the financial institution directly.
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Revenue team members, by default, do not have authority outside of sales and marketing engagements.
Reference
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