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# Implied Authority Agreement
**This Implied Authority Agreement (the "Agreement") is made and entered into as of [Date] by and between the following parties (collectively referred to as the "Parties"):**
1. **[Party A Name]**
Address: [Party A Address]
Email: [Party A Email]
Phone: [Party A Phone]
2. **[Party B Name]**
Address: [Party B Address]
Email: [Party B Email]
Phone: [Party B Phone]
## Recitals
WHEREAS, the Parties wish to establish the terms under which one Party may act on behalf of the other Party by virtue of implied authority;
WHEREAS, the Parties acknowledge that the nature of their relationship warrants the provision of implied authority under certain circumstances;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the Parties hereby agree as follows:
## 1. **Definition of Implied Authority**
Implied authority refers to the powers that, though not explicitly granted, are necessary for the performance of responsibilities that have been expressly delegated. This authority allows a Party to take actions which are in line with the customary practices of the relationship between the Parties.
## 2. **Scope of Implied Authority**
- Party A hereby grants Party B the implied authority to undertake the following actions on its behalf:
- [List specific actions or tasks that Party B is authorized to perform.]
- Party B may not undertake any actions outside the scope defined above without prior written consent from Party A.
## 3. **Limitations of Implied Authority**
- The implied authority granted herein does not include:
- Any financial commitments exceeding [dollar amount].
- Any actions that could create liabilities for Party A without express written consent.
## 4. **Responsibilities of the Parties**
- **Party A:**
- Shall provide Party B with necessary information and support to carry out the implied authority.
- **Party B:**
- Shall act in good faith and in the best interests of Party A when executing the authorized actions.
## 5. **Duration of the Agreement**
This Agreement shall commence on the date first written above and shall continue until terminated by either Party with [number] days written notice.
## 6. **Termination**
Either Party may terminate this Agreement, with or without cause, upon providing written notice to the other Party.
## 7. **Indemnification**
Each Party (the "Indemnifying Party") agrees to indemnify and hold harmless the other Party from any claims, losses, or liabilities arising out of actions taken under this Agreement.
## 8. **Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 9. **Entire Agreement**
This Agreement constitutes the entire understanding between the Parties regarding the matter herein and supersedes all prior discussions or agreements, whether written or oral.
## 10. **Amendment**
This Agreement may only be amended in writing, signed by both Parties.
## IN WITNESS WHEREOF, the Parties have executed this Implied Authority Agreement as of the date first above written.
**[Party A Name]**
Signature: ________________________
Name: [Printed Name]
Title: [Title]
Date: [Date]
**[Party B Name]**
Signature: ________________________
Name: [Printed Name]
Title: [Title]
Date: [Date]
```
### Note:
Make sure to fill in the placeholders (e.g., [Date], [Party A Name], [State], etc.) with the appropriate information specific to the parties involved in the agreement.