Maryland Statutory Form - Limited Power Of Attorney Template Page 8
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20(___) Operate, buy, sell, enlarge, reduce, or terminate an ownership interest
(___) Perform a duty or discharge a liability and exercise in person or by
proxy a right, power, privilege, or an option that the principal has, may have, or claims
to have
(___) Enforce the terms of an ownership agreement
(___) Initiate, participate in, submit to alternative dispute resolution,
settle, oppose, or propose or accept a compromise with respect to litigation to which
the principal is a party because of an ownership interest
(___) Exercise in person or by proxy, or enforce by litigation or otherwise, a
right, power, privilege, or an option the principal has or claims to have as the holder of
stocks and bonds
(___) Initiate, participate in, submit to alternative dispute resolution,
settle, oppose, or propose or accept a compromise with respect to litigation to which
the principal is a party concerning stocks and bonds
(___) With respect to an entity or business owned solely by the principal:
(1)
Continue, modify, renegotiate, extend, and terminate a contract
made by or on behalf of the principal with respect to the entity or business before
execution of this power of attorney;
(2)
Determine:
(i)
The location of the operation of the entity or business;
(ii)
The nature and extent of the business of the entity or
business;
(iii) The methods of manufacturing, selling, merchandising,
financing, accounting, and advertising employed in the operation of the entity or
business;
(iv) The amount and types of insurance carried by the entity or
business; and
(v)
The mode of engaging, compensating, and dealing with the
employees and accountants, attorneys, or other advisors of the entity or business;
(3)
Change the name or form of organization under which the entity
or business is operated and enter into an ownership agreement with other persons to
take over all or part of the operation of the entity or business; and
(4)
Demand and receive money due or claimed by the principal or on
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