[COMPANY] Compliance Plan

Signature Authorization and Delegation of Authority Policy

Purpose of Policy

The purpose of this Policy is to promote the efficient operation of the Company and establish sound internal controls where only individuals with properly delegated signature authority are able to commit the Company to binding obligations and execute contracts on behalf of the Company.

Scope of Policy

This Policy establishes guidelines, procedures, and requirements for:

Designating the persons who are authorized to commit the Company to binding obligations and execute contracts and other transactions on behalf of the Company ("Authorized Signatories").

Delegating such authority.

Defining the limits on such authority.

Except as otherwise stated herein, this Policy supersedes any and all signature authorization practices and policies adopted by the Company, including any prior delegations of authority.

Application of Policy

This Policy applies to:

All contracts and other transactions entered into on behalf of the Company. Contracts and other transactions include, without limitation, all agreements, licenses, leases, promissory notes, instruments, assignments, powers of attorney, terms and conditions, memoranda of understanding, letters of intent, settlements, releases, waivers, renewals, amendments, or modifications to existing contracts, claims, disputes, representations, and other similar documents and commitments. All contracts must be in writing. Oral contracts are not authorized regardless of whether there is a monetary exchange.

All employees (including officers and managers) who seek to approve or execute a contract or other transaction on behalf of the Company. All employees must follow the procedures and comply with the requirements of this Policy with respect to: