Singapore Power of Attorney
Purpose
This Power of Attorney is established to authorize a trusted associate to act on behalf of the undersigned individual in conducting business transactions and making decisions related to their business interests within Singapore.
I. Appointment of Agent
I, [Your Name], residing at [Your Company Address], Singapore, hereby grant power of attorney to [Agent's Full Name], residing at [Agent's Address], Singapore, to act as my lawful attorney-in-fact ("Agent") with full authority to represent me in all matters concerning my business interests within Singapore.
II. Scope of Authority
The Agent is authorized to undertake the following actions on my behalf:
Negotiate, enter into, and execute contracts, agreements, and other legal documents about my business interests.
Manage and oversee business operations, including but not limited to financial transactions, banking activities, and property management.
Represent me in meetings, conferences, and other business-related events.
Make decisions regarding investments, acquisitions, and divestitures within the scope of my business interests.
Take any necessary legal actions, including initiating or defending lawsuits, arbitration, or mediation proceedings, on my behalf.
III. Limitations
This Power of Attorney does not authorize the Agent to:
Act beyond the specified scope of authority outlined herein.
Make personal decisions unrelated to my business interests.
Transfer this Power of Attorney to any other individual without my explicit consent.
Engage in any unlawful or unethical conduct while acting on my behalf.
IV. Duration
This Power of Attorney shall remain in full force and effect unless revoked by me in writing or upon the occurrence of an event that renders the Agent unable to act on my behalf.
V. Compensation
The Agent shall serve without compensation unless otherwise agreed upon in writing or as provided by law.
VI. Governing Law
This Power of Attorney shall be governed by and construed under the laws of Singapore.
VII. Signature Section
In witness whereof, I have hereunto set my hand and seal this [Date].
Principal:
[Your Name]
Agent:
[Agent's Name]
Witness Acknowledgement
We, the undersigned witnesses, hereby acknowledge that [Your Name] signed and executed this Power of Attorney in our presence and that we witnessed the same.
Witness 1:
[WITNESS 1 FULL NAME]
[DATE]
Witness 2:
[WITNESS 2 FULL NAME]
[DATE]
Notary Acknowledgement
On this day of , 20, before me, a Notary Public in and for the said County and State, personally appeared [Your Name], known to me (or proved to me based on satisfactory evidence) to be the person whose name is subscribed to the within the instrument, and acknowledged to me that [he/she/they] executed the same for the purposes therein contained.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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