UnifiedOnline Inc fka UOIP

[Scruffer]

10-Q & Chanbond Purchase

UNIFIEDONLINE, INC.
By: /s/ Robert M. Howe III
November 23, 2015
Robert M. Howe III
Chairman of the Board and CEO, principal executive officer

By: /s/ Ellen Sondee
November 23, 2015
Ellen Sondee
Chief Financial Officer, principal financial and accounting officer

10-Q (After purchase from Deirdre--2 directors signed-off on 10-Q so board still intact)
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_10q.htm

10.2 in above link on October 27, 2015 (Chanbond purchase by UOIP, Inc.)
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_ex102.htm

When you read “IN WITNESS WHEREOF, the parties have caused this agreement to be executed and delivered” is a statement made by both parties to the contract that they are signing this contract and implicitly recognize that its terms are binding.

The statement in witness whereof, the parties hereto have caused this agreement to be executed is an ancient way of saying that parties agree to be bound by the terms of the contract.

In the modern times, this expression brings little value from a legal perspective but continues to be used to show a level of formalism in the contract.

You can very well say remove the “in witness whereof” and simply say “the parties hereto agree to enter into this agreement”.

https://incorporated.zone/in-witness-whereof/

https://www.michalsons.com/blog/witness-signature-required-contract-agreement/12325

Representatives must be authorized to sign for the company. These representatives can include board members, managers, and other personnel. If an employee who isn't authorized signs a document or contract on the company's behalf, this can cause legal troubles.

https://www.upcounsel.com/authorization-to-sign-on-behalf-of-the-company