Legal Contracts Software Generator - Legal Contract Agreement Template for Express Authority

# Express Authority Agreement **This Express Authority Agreement (the "Agreement") is made as of [Date], by and between:** **1. Principal:** Name: [Principal's Full Name] Address: [Principal's Address] Email: [Principal's Email] Phone: [Principal's Phone Number] **2. Agent:** Name: [Agent's Full Name] Address: [Agent's Address] Email: [Agent's Email] Phone: [Agent's Phone Number] **WHEREAS**, the Principal wishes to grant the Agent express authority to act on their behalf in certain matters; **NOW, THEREFORE**, the parties agree as follows: ## 1. Grant of Authority The Principal hereby grants the Agent the express authority to perform the following acts on behalf of the Principal: - [List of specific powers or actions granted to the Agent] ## 2. Duration of Authority This express authority shall commence on [Start Date] and shall continue in effect until [End Date] or until revoked by the Principal in writing. ## 3. Responsibilities of the Agent The Agent agrees to: - Act in the best interests of the Principal. - Perform the authorized acts with due diligence and care. - Keep the Principal informed of all relevant matters. ## 4. Limitations of Authority The Agent shall not have authority to: - [List of actions the Agent is not allowed to take] - [Any other limitations] ## 5. Compensation The Agent shall receive the following compensation for their services: - [Details of payment terms, including amount and schedule] ## 6. Indemnification The Principal agrees to indemnify and hold the Agent harmless from any claims, losses, or damages arising from actions taken within the scope of this Agreement, except in the case of gross negligence or willful misconduct by the Agent. ## 7. Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 8. Entire Agreement This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter hereof and supersedes all prior discussions and agreements. ## 9. Amendment This Agreement may only be amended in writing and signed by both parties. ## 10. Signatures By signing below, the parties acknowledge and agree to the terms and conditions of this Agreement. **Principal:** Signature: ______________________ Name: [Principal's Full Name] Date: _________________________ **Agent:** Signature: ______________________ Name: [Agent's Full Name] Date: _________________________ --- **Witness (optional):** Signature: ______________________ Name: [Witness Name] Date: _________________________ --- *Note: It is recommended to consult with a legal professional to ensure that this contract suits specific needs and complies with applicable laws.*