Counterparts and electronic signatures

The Counterparts and Electronic Signatures clause stipulates that a contract may be executed in multiple counterparts, each of which is considered an original, and that electronic signatures are as legally binding as handwritten ones. This allows parties to sign the contract in different locations and facilitates execution through digital means.

13 Counterparts and electronic signatures examples

  • Description
    5. Counterparts and Electronic Signatures. This First Amendment may be executed in counterparts, which together shall be deemed to constitute one First Amendment. For purposes of the execution of this First Amendment, electronic signatures shall be deemed to be original signatures.
    Document
    Apyx Medical Corp (APYX)
  • Description
    COUNTERPARTS AND ELECTRONIC SIGNATURES Except as may be prohibited by applicable law or regulation, this Amendment may be signed in counterparts, by facsimile, PDF, or other electronic means, each of which will be deemed an original and all of which when taken together will constitute one agreement. Facsimile and electronic signatures will be binding for all purposes.
    Document
    Vir Biotechnology, Inc. (VIR)
  • Description
    G.    Counterparts and Electronic Signatures. This Agreement may be executed by facsimile or other electronic transmission method and in multiple counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument.
    Document
    REGIONS FINANCIAL CORP (RF, RF-PB, RF-PC, RF-PE, RF-PF)
  • Description
    This 2024 Retention Bonus Agreement constitutes the complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to its subject matter. It is entered into without reliance on any promise or representation, written or oral, other than those expressly contained herein, and it supersedes any other such promises, warranties or representations. This 2024 Retention Bonus Agreement may not be modified or amended except in a writing signed by both you and a duly authorized officer of the Company. This 2024 Retention Bonus Agreement will be deemed to have been entered into and will be construed and enforced in accordance with the laws of the State of Delaware without respect to conflicts of law principles. This 2024 Retention Bonus Agreement may be executed in counterparts and electronic signatures and scanned image copies of signatures will suffice as original signatures.
    Document
    Instil Bio, Inc. (TIL)
  • Description
    9.                  Counterparts and Electronic Signatures. This Modification may be executed in any number of counterparts, each such counterpart shall be deemed an original instrument, and all such counterparts together shall constitute but one agreement. Counterparts may be executed and delivered via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method, and any counterpart so executed and delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.
    Document
    Medicine Man Technologies, Inc. (SHWZ)
  • Description
    8.                  Counterparts and Electronic Signatures. This Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, and such counterparts shall together constitute but one and the same Agreement. Any party shall be entitled to sign and transmit electronic signatures to this Agreement (whether by facsimile, .pdf, or electronic mail transmission), and any such signature shall be binding on the party whose name is contained therein. Any party providing an electronic signature to this Agreement agrees to promptly execute and deliver to the other parties, upon request, an original signed Agreement.
    Document
    Hall of Fame Resort & Entertainment Co (HOFV, HOFVW)
  • Description
    8.                  Counterparts and Electronic Signatures. This Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, and such counterparts shall together constitute but one and the same Agreement. Any party shall be entitled to sign and transmit electronic signatures to this Agreement (whether by facsimile, .pdf, or electronic mail transmission), and any such signature shall be binding on the party whose name is contained therein. Any party providing an electronic signature to this Agreement agrees to promptly execute and deliver to the other parties, upon request, an original signed Agreement.
    Document
    Hall of Fame Resort & Entertainment Co (HOFV, HOFVW)
  • Description
    E. Counterparts and Electronic Signatures. This Amendment may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to each other party, it being understood that the parties hereto need not sign the same counterpart. Counterparts may be delivered via electronic mail (including email delivery of a “.pdf” format data file or any electronic signature covered by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act, the Electronic Signatures and Records Act or other applicable law) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.
    Document
    CLEANSPARK, INC. (CLSK)
  • Description
    6.            Counterparts and Electronic Signatures. This Amendment may be executed in multiple counterparts, each of which will be deemed an original, but all of which taken together will constitute one and the same agreement, it being understood that all of the Parties need not sign the same counterpart. A signed copy of this Amendment transmitted by facsimile, email, or other means of electronic transmission will be deemed to have the same legal effect as delivery of an original executed copy of this Amendment for all purposes. This Amendment will not be binding unless and until signature pages are executed and delivered by each of the Company, Purchaser, and the Sellers.
    Document
    Calculator New Pubco, Inc. (ATCH, ATCHW)
  • Description
    Section 4. Counterparts and Electronic Signatures. This Amendment may be executed by any one or more of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such respective counterparts shall together constitute one and the same instrument. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to this Amendment or any document to be signed in connection with this Amendment shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder by electronic means.
    Document
    MACERICH CO (MAC)
  • Description
    11.Counterparts and Electronic Signatures. This Assignment may be executed in counterparts, each of which shall be deemed an original, but such counterparts, when taken together, shall constitute one agreement.  This Assignment may be executed by a Party’s signature transmitted by facsimile or email, and copies of this Assignment executed and delivered by means of faxed or emailed signatures shall have the same force and effect as copies hereof executed and delivered with original signatures.  The Parties may rely upon faxed or emailed signatures as if such signatures were originals.  The Parties agree that a faxed or emailed signature page may be introduced into evidence in any proceeding arising out of or related to this Assignment as if it were an original signature page.  
    Document
    Kura Oncology, Inc. (KURA)
  • Description
    4. Counterparts and Electronic Signatures. This First Amendment may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, and such counterparts shall together constitute but one and the same First Amendment. Any party shall be entitled to sign and transmit an electronic signature of this First Amendment (by facsimile, email, .pdf file, or other electronic transmission). This First Amendment will be binding upon full execution by both Makers and Holder. Any party that provides an electronic signature to this First Amendment agrees to promptly execute and deliver to the other parties, upon request, an original signed First Amendment.
    Document
    Hall of Fame Resort & Entertainment Co (HOFV, HOFVW)
  • Description
    Counterparts and Electronic Signatures. This Amendment may be signed by the parties in counterparts which together shall constitute one and the same agreement among the parties. An electronic or facsimile signature shall constitute an original signature for all purposes.
    Document
    FIDUS INVESTMENT Corp (FDUS)

What are Counterparts and Electronic Signatures?

Counterparts refer to copies of a legal document that are executed (signed) by different parties. Each party signs their own copy, and together these copies form a single binding agreement.

Electronic Signatures are digital forms of signatures that indicate a person’s intent to sign a document. They can be in the form of an image of a physical signature, a typed name, a unique digital code, or other electronic consent.

When should I use Counterparts and Electronic Signatures?

Counterparts:

  • Use counterparts when parties are in different locations, making it impractical to sign the same physical document.
  • They are particularly useful in multi-party agreements where coordinating a single signing session is logistically challenging.

Electronic Signatures:

  • Use electronic signatures for speed and convenience in signing agreements, especially in remote or online transactions.
  • They are essential for businesses that operate across different states or countries, reducing the need for physical presence.
  • They are legally binding in many jurisdictions under laws like the U.S. Electronic Signatures in Global and National Commerce Act (E-SIGN) and the European Union’s eIDAS Regulation.

How do I write Counterparts and Electronic Signatures clauses?

Counterparts Clause:

This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Electronic Signatures Clause:

This Agreement and any other documents to be delivered in connection herewith may be executed by electronic signature, which shall be considered as an original signature for all purposes and shall have the same force and effect as an original signature.

Which contracts typically contain Counterparts and Electronic Signatures clauses?

  • Commercial Contracts: Sales agreements, service contracts, and supply agreements often contain these clauses to facilitate ease of signing.
  • Real Estate Transactions: Purchase agreements, leases, and rental agreements frequently include these clauses due to parties being in different locations.
  • Employment Agreements: These clauses are commonly included in employment contracts to streamline the onboarding process.
  • Financial Instruments: Loan agreements, mortgage documents, and other financial contracts often contain these clauses for expedited processing.
  • Partnership Agreements: These often include counterparts and electronic signature clauses to manage the practicalities of multiple signatories.

When incorporating these clauses, ensure to consult local laws and regulations to confirm their enforceability.

Analyze your contracts.
Extract important clauses.

<

Try our AI contract analysis and extract important clauses and information from existing contracts.

< <
fynk app clause extraction screenshot

More Clauses from the Library

Dive deeper into the world of clauses and learn more about these other clauses that are used in real contracts.

Counterparts

The "Counterparts" clause allows a contract to be signed in multiple identical copies, often by different parties, with each copy treated as an original. This provision facilitates the signing process when parties are in different locations, ensuring that the contract is legally binding even if signed separately.

15 example clauses

Covenant not to sue

A "Covenant Not to Sue" is a legal agreement in which one party agrees not to file a lawsuit against the other party over a specific issue or event. This clause aims to prevent litigation by settling disputes or waiving certain legal rights in advance.

15 example clauses

Cross indemnity

A cross indemnity clause is a contractual agreement where each party agrees to indemnify, or compensate, the other for specified types of losses or damages arising from their own actions or negligence. This mutual arrangement ensures that each party bears responsibility for risks or liabilities that stem from their conduct, rather than shifting the burden onto the other party.

3 example clauses