With regard to signature blocks, I do not think it is necessary to identify someone in the signature line as an individual entrepreneur if the fact that the company is a sole proprietorship is identified in the name of the company and it is identical to the name of the signatory. For example, Brian Rogers d/b/a Brian Rogers` The Contracts Guy should tell the whole story. A small note – in your sponsorship signature blocks, you call the company “Ltd”. I`m sure it should be an “L.P.”? Depending on the type of contract, it may give rise to additional formalities with the signature block. There could be witnesses or the contract can be notarized. In other cases, the words “Under Seal” may stand next to the signature. These “add-ons” have their place – and everyone is often abused. The signature line described above could be as follows: not each party is obliged to sign the same sheet of physical paper for an agreement to be binding. When the parties sign separate copies of an agreement, this is called “performance in return.” If you expect your agreement to be signed in return, it is recommended that you include a clause in the agreement to indicate that performance in consideration is acceptable to both parties. Certification clause. Signature blocks are introduced by a certification clause. Veronica: You`re right that it`s a person`s authority to act on behalf of the company – not their title – it`s important.
And while the usual form of signature blocking is not a legal requirement, it briefly and succinctly identifies who signed the contract and in what capacity, so I think it`s useful. Without legible identification of the signatory, it may be impossible to prove that a contract was signed by a company`s authorized representative, which would be fatal for a legal action to enforce the contract. [Updated January 9, 2013 and January 11, 2013: I have made minor revisions to the sample signature blocks to comply with the Contracting Style Manual.] Ken: I noticed that in your example in MSCD2 of a signature block inside a signature block to be used when a signatory of a legal party is an entity, the business name of the undersigned entity is not capitalized (Example 9). Is it intentional? Individuals sign contracts like themselves. A typical signature block for a person looks like this: a line that contains the person`s actual signature Execution in counterparty clauses is usually just above the signature block as the last clause (or last clause of that part) of the agreement. Rarely, however, do contracts contain a language that allows this practice. In this case, Escrow instructions should be put in place to inform the fiduciary agent when the signature pages will be appended to a final contract. If there are no trust instructions, each party should have the option to add their signature pages to the final version of the contract. I can`t help but think that signature blocks are a thing of the past.
A practice that was formed at a time when contracts were on a sheet of paper that had to be signed at the bottom (i.e. the line… .