The power of attorney is the unilateral document wherein donor or the principal gives authoritative power to the agent by signing the document and the agent's sign is not always required. A power of attorney can be executed by any person who is competent to enter into a contract.

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Agreement for Development of Software to Specifications

Development Agreement And Irrevocable Power Of Attorney

Name: Development Agreement And Irrevocable Power Of Attorney
Brand: US Legal Forms
Rating: 4.79 (467 reviews)

Category:

Technology - Software - Development

State:

Multi-State

Control #:

US-02863BG

Format:

Instant download

Description Agreement Development Software

Computer software is often developed to meet the end user's special requirements. Although designed to the customer's specifications, the underlying copyrights and patents, as well as any trade secrets embodied in the software design, are the developer's property unless the developer is prepared to transfer these rights to the end user, which rarely happens. The customer's sole protection against the developer licensing the software to others is to ensure that for a specified time the developer will not license the software for a competitive use. The developer will want to make certain that its copyright, patent, and trade secrets are protected through a confidentiality agreement that is part of the development contract.

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Agreement Development Software Contract Form Rating

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Agreement Development Application Other Form Names

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Agreement Development Order FAQ

The power of attorney is the unilateral document wherein donor or the principal gives authoritative power to the agent by signing the document and the agent's sign is not always required. A power of attorney can be executed by any person who is competent to enter into a contract.

A power of attorney can be made irrevocable if it is given with due consideration and if it specifically mentions that it is irrevocable. Such a power of attorney would operate beyond the life of the granter, says Joshi.

Registration of an irrevocable power of attorney is not mandatory unless it relates to immovable property, however it is advisable to have it registered at the respective sub-registrar's office depending upon the prevailing laws in a State in India.

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Revocation of power of attorney: It is now settled law that an irrevocable power of attorney given for consideration cannot be revoked. By entering into the Joint Development Agreement and a registered General PowerofAttorney, it will fulfil the needs of both the parties.As a procedural aspect, a site owner has to execute an irrevocable general power of attorney (GPA) in favour of the builder. Even in that case, one needs to ensure that the holder also has some substantive right in the property through an agreement to sell or a similar document. Transferring the exclusive Development Rights under this Agreement along with execution of irrevocable General Power of Attorney (GPA) (as defined.

Development Agreement And Irrevocable Power Of Attorney

Description Agreement Development Software

Agreement Development Sample Related forms

How to fill out Development Agreement And Irrevocable Power Of Attorney?

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Agreement Development Software Contract Form Rating

Agreement Development Software Sample Form popularity

Agreement Development Application Other Form Names

Agreement Development Order FAQ

Is POA an agreement?

How do I make my power of attorney irrevocable?

Should irrevocable power of attorney be registered?

Interesting Questions

What is a development agreement?

What is an irrevocable power of attorney?

What are the key components of a development agreement?

Why would a developer enter into a development agreement?

Can a development agreement be modified once it is signed?

What are the benefits of having an irrevocable power of attorney?

What are the limitations of an irrevocable power of attorney?

Can an irrevocable power of attorney be transferred to someone else?

Are development agreements and irrevocable powers of attorney governed by state laws?

Can a development agreement or an irrevocable power of attorney be contested in court?

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