The following Corporate guidance note provides comprehensive and up to date legal information covering:
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Note: Brexit—drafting boilerplate clauses.
Appointment and powers
We, [insert company name], a company incorporated in [England and Wales OR [insert other country of incorporation]] under registration number [insert company registration number] whose registered office is at [insert registered address] (the Seller), pursuant to a share purchase agreement (the SPA) dated [insert date] between[, inter alia,] the Seller [insert name] (the Seller) and [insert name of buyer and its registered number] whose registered office is at [insert registered address] (the Buyer) in respect of [insert number and type of shares] (the Shares) legally and beneficially held by the Seller in [insert name of target company and its registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint the Buyer [and each of its directors for the time being, severally, each] to be the Seller's true and lawful attorney ([each an OR the] Attorney) with full power, authority and legal right in the Seller's name and on the Seller's behalf to exercise all voting and
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