But in the circumstances described above – a growing company that acquires new units and new workforce, the situation can be confusing. Some people with signing authority may have left and others have not yet been appointed to take their place. Or maybe the signing authority is focused on one or two officials and a lack of delegation hurts the efficiency of business. “DECIDED that the Board of Directors of the Company is authorized to enter into and execute with any party, person or competent authority all such contracts and agreements of any kind, including, but not limited to, employment/contracts, confidentiality agreements, sales/sale agreements, investment agreements, share subscription agreements, etc. or agreements necessary or necessary for the effective performance of the company`s activities; “DECIDED that the agreement of the Board of Directors for the execution of an agreement shall be given in accordance with the draft contract between the enterprise submitted before the meeting and initialled by the President for identification purposes and for a period of one year or years. This decision was made by the Board of Directors of ______ With a career focused on digital marketing, Nick specializes in content marketing and content creation. With his experience managing multiple content departments for creating and writing content for Fortune 500 companies, Nick`s commitment is part of growing the business with actionable and informative content to add value to both interested individuals and customers. Nick has been working in the portal board for the past two years, which has given him a better understanding of board needs and the type of content that is valued by board members, General Counsels and corporate secretaries. Finally, if your company has an official seal, it must be affixed in an appropriate place on the decision. In the absence of a seal, the notation “LS” can be written in a circle next to the secretary`s signature….