Approval group
Contracts
Who signs for the company: customer and supplier contracts, confidentiality agreements, and guarantees and indemnities, which most boards keep for themselves.
The approval families
5| Family and a line that matches it | Marked | Clauses |
|---|---|---|
| Customer and sales contractsCustomer contracts up to 500,000: Sales Director | ISO/IEC 27001 5.3 · COSO P3 | |
| Supplier contractsSupplier contracts up to 100,000: Procurement Manager | ISO/IEC 27001 5.3 · COSO P3 | |
| Contracts signed for the companyContract signature up to 500k: General Counsel | ISO/IEC 27001 5.3 · COSO P3 | |
| Confidentiality agreementsNDAs on the standard form: Legal Counsel | ISO/IEC 27001 5.3 · COSO P3 | |
| Guarantees, indemnities and letters of creditGuarantees and indemnities: Board | reserved to the board | ISO/IEC 27001 5.3 · COSO P2 |