Execution clause – company entering into a contract (English/Arabic)
Drafting notes
These precedent execution clauses are for a company entering into a contract. While five alternative execution clauses are given, in practice, Option 1 is the most commonly used form of execution clause for simple contracts.
Option 1—contract signed on behalf of a company, where the authorised signatory is an individual
Signed by insert name of director or other authorised signatory for and on behalf of insert name of company | ................................................. signature of director or other authorised signatory Director OR Authorised signatory |
Option 2—contract executed by a company under its common seal (model articles, where the authorised signatory is an individual)
Executed by insert name of company by affixing its common seal and by the signature of insert name of director/secretary/other authorised person director OR secretary OR authorised signatory, in the presence of: | affix the common seal of the company ................................................. signature of director/secretary/authorised person Director OR Secretary OR Authorised signatory |
................................................. signature of witness | |
insert name of witness |