Power of attorney—private M&A—share purchase—share rights—corporate seller
Power of attorney—private M&A—share purchase—share rights—corporate seller

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Power of attorney—private M&A—share purchase—share rights—corporate seller

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.

  1. 1

    Appointment and powers

    1. 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