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Glossary

Authorized signatory

The person within an organization legally authorized to sign contracts on behalf of the legal entity. Signature by an unauthorized person generally renders the contract non-binding.

Who is an authorized signatory?

Signing authority is set by an organization's articles of association and the trade register (in NL: Kamer van Koophandel). Directors are typically authorized alone or jointly; proxies have limited authority (e.g., up to an amount or contract type).

Example

  • BV director, authorized up to €500,000 per articles → signs €30,000 SaaS contract → valid.
  • Sales manager signs €800,000 contract → likely non-binding unless ratified by an authorized director.

When it matters

  • Every contract above a material threshold.
  • International contracts (different regimes: NL, DE, US — all with different rules).
  • M&A due diligence: every contract is checked for valid execution.

Common pitfalls

  1. Signed by the wrong person — the most common cause of non-binding contracts.
  2. No counterparty verification — you trust what's printed under the signature.
  3. Digital signature without identity verification — sometimes legally insufficient.
  4. Authority changed post-signing — valid at signing but problematic at renewal.

How GuardPilot flags this

GuardPilot links every contract to a registry verification of the signatory and flags:

  • signing by an unauthorized person
  • missing counter-signature
  • changed signing authority since execution (relevant at renewal)

See Contract Review.

Related terms: Contract management · Side-letter · Master service agreement