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Limited Power of Attorney This limited power of attorney ... - Alpari UK

Limited Power of Attorney This limited power of attorney ... - Alpari UK

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<strong>Limited</strong> <strong>Power</strong> <strong>of</strong> <strong>Attorney</strong><br />

<strong>This</strong> <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong> is made on__________ (Date) by __________ (Name <strong>of</strong> principal) <strong>of</strong><br />

______________________________ (Address) (‘Principal’)<br />

1. Appointment and <strong>Power</strong>s<br />

Subject to clause 3 below, the Principal appoints __________ (Name <strong>of</strong> <strong>Attorney</strong>) <strong>of</strong><br />

______________________________ (Address) (‘<strong>Attorney</strong>’) as his <strong>attorney</strong> and in the Principal’s name<br />

or otherwise and on his behalf:<br />

1.1 to act on the Principal’s behalf in giving all instructions, orders, directions, receipts and performing<br />

such other acts, discretions or duties under any agreement between the Principal and <strong>Alpari</strong> <strong>UK</strong><br />

<strong>Limited</strong> (Company Number 05284142 and whose registered <strong>of</strong>fice is 201 Bishopsgate, London,<br />

EC2M 3AB) (‘<strong>Alpari</strong>’);<br />

1.2 to receive all documents, notes, contracts and notices sent by <strong>Alpari</strong> relating to the Principal or any<br />

transaction entered into with or through <strong>Alpari</strong> by the Principal or on his behalf;<br />

1.3 to accept amendments relating to any agreement between the Principal and <strong>Alpari</strong>;<br />

1.4 to take any steps or do anything which the <strong>Attorney</strong> in his absolute discretion considers desirable in<br />

connection with the opening, administration or closing <strong>of</strong> any accounts and/or the execution <strong>of</strong><br />

transactions, including those <strong>of</strong> a contingent nature. For the avoidance <strong>of</strong> doubt the <strong>Attorney</strong> is not<br />

entitled to withdraw or credit the Principal’s trading account; and<br />

1.5 to communicate on behalf <strong>of</strong> the Principal with regard to any complaints or expressions <strong>of</strong><br />

dissatisfaction relating to <strong>Alpari</strong>.<br />

2. Ratification<br />

The Principal undertakes to ratify and confirm whatever the <strong>Attorney</strong> does or purports to do in good<br />

faith in the exercise <strong>of</strong> any <strong>power</strong> conferred by this <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong>.<br />

3. Validity<br />

The Principal declares that a person who deals with the <strong>Attorney</strong> in good faith may accept a written<br />

statement signed by the <strong>Attorney</strong> to the effect that this <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong> has not been<br />

revoked as conclusive evidence <strong>of</strong> that fact.<br />

4. Indemnity<br />

The Principal undertakes to indemnify the <strong>Attorney</strong> and <strong>Alpari</strong> fully against all claims, losses, costs,<br />

expenses, damages or liability which the Principal sustains or incurs as a result <strong>of</strong> any action taken or<br />

omission by the <strong>Attorney</strong> and/or <strong>Alpari</strong> in good faith pursuant to this <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong>, or in<br />

the event <strong>Alpari</strong> refuses to act on the <strong>Attorney</strong>’s directions (including any costs incurred in enforcing<br />

this indemnity and/or in reversing any incorrect or erroneous instructions submitted by the <strong>Attorney</strong><br />

that require <strong>Alpari</strong> to reverse).<br />

Registered Office: 201 Bishopsgate, London, EC2M 3AB. Registered in England number 5284142<br />

<strong>Alpari</strong> (<strong>UK</strong>) <strong>Limited</strong> is authorised and regulated by the Financial Services Authority


5. Termination<br />

The Principal must provide written notice to revoke this <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong>. Any such notice<br />

shall not be effective until five business days after it has been received by <strong>Alpari</strong>. <strong>Alpari</strong> can decide,<br />

acting in its absolute discretion, to no longer accept instructions from the <strong>Attorney</strong> by providing prior<br />

notice to the Principal. <strong>Alpari</strong> is not obliged to specify its reasons.<br />

6. Jurisdiction<br />

<strong>This</strong> <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong> (and any dispute, controversy, proceedings or claim <strong>of</strong> whatever nature<br />

arising out <strong>of</strong> or in any way relating to this <strong>limited</strong> <strong>power</strong> <strong>of</strong> <strong>attorney</strong> or its formation or any act<br />

performed or claimed to be performed under it) shall be governed by and construed in accordance with<br />

the law <strong>of</strong> England and Wales.<br />

<strong>This</strong> document has been executed as a deed and is delivered and takes effect on the date stated at the<br />

beginning <strong>of</strong> it.<br />

Signature (Principal):<br />

Print Name (Principal):<br />

Date:<br />

____________________<br />

____________________<br />

____________________<br />

Witnessed by (a third party):<br />

Name (Witness):<br />

Address (Witness):<br />

____________________<br />

____________________<br />

____________________<br />

____________________<br />

Occupation (Witness):<br />

Signature (Witness):<br />

____________________<br />

____________________<br />

Please kindly return the signed document by email, fax or post:<br />

Email: partnerships@alpari.com<br />

Fax Number: +44(0)20 7426 2879<br />

Postal Address: <strong>Alpari</strong> <strong>UK</strong> <strong>Limited</strong>, Partnerships Department, 201 Bishopsgate, London, EC2M 3AB, U.K.<br />

Registered Office: 201 Bishopsgate, London, EC2M 3AB. Registered in England number 5284142<br />

<strong>Alpari</strong> (<strong>UK</strong>) <strong>Limited</strong> is authorised and regulated by the Financial Services Authority

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