Common use of Designation of Agents Clause in Contracts

Designation of Agents. In connection with the provision of the Services by the employees of POCC, the General Partner, on behalf of the Partnership, hereby appoints and empowers POCC and each current and future employee of POCC who is fulfilling a job function for the Partnership in connection with the conduct by the Partnership of its business in the ordinary course, as agent of the Partnership with full power and authority to execute and deliver on behalf of the Partnership, any documents, contracts, governmental filings or other instruments commensurate with, but limited to, such job function. The power and authority granted pursuant to this Section 3.2 to a person described in the preceding sentence will be valid only for so long as such person is employed by POCC.