1. "By" refers to the place where the legal representative signs the contract manually (with their signature).
2. "Name" indicates the name of the legal representative in printed form (the printed name of the person).
3. "Title" signifies the position or title of the legal representative.
4. "Date" represents the date when the contract is signed. The last part of an English contract typically includes a closing paragraph and the signatures of the parties involved. This section often includes a statement confirming that the signatory has the proper authority to sign, as well as the date of the signature.
5. When a party to the contract is a company, it is necessary to appoint a natural person as the representative to enter into the contract on behalf of the company. This representative may be the chairperson of the board, and their authority to sign on behalf of the company can be established through a board resolution. To ensure that the representative is indeed a duly authorized representative, the other party may request evidence of this authorization, such as a board resolution, to protect their interests.
6. "The date and year first written above" is used in the contract to refer to the date that is the same as the one mentioned at the beginning of the contract. If the dates are different, a separate clause should specify the effective date of the contract to avoid disputes.
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