The document outlines the terms and conditions under which a Counterparty appoints and authorizes a Third Party Agent to represent them in transactions related to a Master Purchase Agreement with Cumberland entities. This authorization grants the Agent the ability to deal with cryptocurrencies and digital assets on behalf of the Counterparty, including purchase, sale, exchange, lending, and borrowing of such assets. The document highlights the responsibilities and authorities bestowed upon the Agent, as well as the signature requirements to validate the authorization.
It is crucial for you to download and complete this document as requested by our onboarding process to formally appoint and authorize a Third Party Agent for your transactions with Cumberland. Filling out this authorization ensures that the Agent can act on your behalf in accordance with the terms specified, facilitating smoother and legally compliant operations.