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Apply for, receive, and use letters of credit, credit and debit cards, electronic transaction <br />authorizations, and traveler's checks from a financial institution and give an indemnity or other <br />agreement in connection with letters of credit; and <br />Consent to an extension of the time of payment with respect to commercial paper or a financial <br />transaction with a financial institution. <br />BUSINESS INTEREST - In regards to business- related activities, the Principal <br />authorizes the Agent to: <br />Operate, buy, sell, enlarge, reduce, or terminate an ownership interest; <br />Perform a duty or discharge a liability and exercise in person or by proxy a right, power, privilege, <br />or option that the Principal has, may have, or claims to have; <br />Enforce the terms of an ownership agreement; <br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a <br />compromise with respect to litigation to which the Principal is a party because of an ownership <br />interest; <br />Exercise in person or by proxy, or enforce by litigation or otherwise, a right, power, privilege, or <br />option the Principal has or claims to have as the holder of stocks and bonds; <br />Initiate, participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept a <br />compromise with respect to litigation to which the Principal is a party concerning stocks and bonds; <br />With respect to an entity or business owned solely by the Principal: <br />i. Continue, modify, renegotiate, extend, and terminate a contract made by or on behalf of <br />the Principal with respect to the entity or business before execution of the power of <br />attorney; <br />ii. determine: <br />a. The location of its operation; <br />b. The nature and extent of its business; <br />c. The methods of manufacturing, selling, merchandising, financing, accounting, and <br />advertising employed in its operation; <br />d. The amount and types of insurance carried; and <br />e. The mode of engaging, compensating, and dealing with its employees and <br />accountants, attorneys, or other advisors; <br />• <br />Demand and receive money due or claimed by the Principal or on the Principal's behalf in the <br />operation of the entity or business and control and disburse the money in the operation of the entity <br />or business; <br />Put additional capital into an entity or business in which the Principal has an interest; <br />201802966 <br />Change the name or form of organization under which the entity or business is operated and enter <br />into an ownership agreement with other persons to take over all or part of the operation of the entity <br />or business; and <br />Page 2 <br />