Minnesota Limited Power of Attorney for Stock Transactions and Corporate Powers

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Minnesota Limited Power of Attorney for Stock Transactions and Corporate Powers Powered By Docstoc
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                             This Limited Power of Attorney for Stock Transactions and Corporate Powers is used by a
                             shareholder in a corporation to authorize an agent to perform all acts necessary for stock
                             transactions and other corporate powers. This document allows the appointed agent to act
                             on behalf of the individual for the limited purpose of exercising stock options and voting
                             rights. Some of the acts authorized include receiving and conveying stock certificates,
                             entering into agreements and executing bank documents. This document can be
                             customized to fit the unique needs of the individual. It should be used by shareholders
                             located in Minnesota to appoint an agent to act on their behalf for this limited purpose.
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        LIMITED POWER OF ATTORNEY FOR STOCK TRANSACTIONS AND
                                    CORPORATE POWERS




STATE OF MINNESOTA
COUNTY OF __________________________




KNOW ALL MEN BY THESE PRESENTS:


That I, ____________________________ [Instruction: Insert the name of person/principal
making this power of attorney] residing at ______________________________ [Instruction:
Insert the address of person/principal making this power of attorney] (hereinafter referred to
as the “Principal”) being of sound mind and memory, do hereby make, constitute and appoint
____________________________ [Instruction: Insert the name of Agent] residing at
_________________________________ [Instruction: Insert the address of Agent], as my true
and lawful Attorney-in-Fact (hereinafter referred to as the “Attorney-in-Fact”),


THIS DOCUMENT SHALL BE CONSTRUED AND INTERPRETED AS A LIMITED
POWER OF ATTORNEY AND MY ATTORNEY-IN-FACT SHALL HAVE THE POWER
AND AUTHORITY TO PERFORM OR UNDERTAKE ANY ACTION I COULD PERFORM
OR UNDERTAKE IF I WERE PERSONALLY PRESENT.


I hereby authorize my Attorney-in-Fact to act with the following limited powers:
Exercising     stock    options     and    voting     all    of    my     shares   of   stock   in
______________________________________ [Instruction: Insert the name of Corporation
where the stock is deposited] a Corporation incorporated in the State of Minnesota, (
hereinafter referred to as the "Corporation"), without the necessity of a proxy and the right to
appoint proxies therefore, and possessing all powers that I possess as granted to me by the
Bylaws of said Corporation, to incorporate, reorganize, merge, consolidate, recapitalize, sell,
liquidate or dissolve any business; elect or employ officers, directors and agents; carry out the



© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                 2
provisions of any agreement for the sale of any business interest or the stock therein. These
powers include, but are not limited to, the following:


1. Receive, hold, transfer, sell and convey any stock certificates of the Corporation and all
   documents of title in connection therewith;


2. Make, execute and deliver, in my name and on my behalf, for any consideration whatsoever,
   for cash, instruments of
				
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Description: This Limited Power of Attorney for Stock Transactions and Corporate Powers is used by a shareholder in a corporation to authorize an agent to perform all acts necessary for stock transactions and other corporate powers. This document allows the appointed agent to act on behalf of the individual for the limited purpose of exercising stock options and voting rights. Some of the acts authorized include receiving and conveying stock certificates, entering into agreements and executing bank documents. This document can be customized to fit the unique needs of the individual. It should be used by shareholders located in Minnesota to appoint an agent to act on their behalf for this limited purpose.
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