Digital E-Signatures (E-Sign)
Organizations around the world are transforming their businesses, using digital technologies to deliver agility, efficiency, cost savings, and better customer experiences. Workers spend countless hours hunting down approvals and ink signatures— and then print, scan, fax, or mail documents to get the job done. The resulting delays frustrate customers, business partners, and employees alike. It’s little wonder that organizations have embraced both electronic and digital signatures.
With 6 billion transactions a year, Adobe Sign is the leader in secure digital documents. Trusted, legally valid, and enforceable in industrialized countries around the world, they meet stringent security requirements, and support the highest levels of signer authentication defined in Canadian, U.S., European, and other international signature laws.
Today, leading companies in every industry and geography get fast, legal, and secure signatures electronically. While the terms may seem similar, electronic and digital signatures describe two different approaches to signing documents—and those differences are linked with signature laws and regulatory requirements.
Electronic Signatures utilize an electronic symbol or process attached to an agreement and is executed or accepted by a person with the intent to sign the agreement while Digital Signatures (utilized by GES) are an electronic signature that in addition use an encrypted digital certificate to authenticate the identity of the signer.
Greenhill Equity Solutions (“GES") utilizes the Adobe Sign digital e-signature system, in conjunction with our own software, for the creation and execution of most client agreements and corporate documents. This integrated system allows customers and client companies to legally sign GES generated documents from wherever they are, on most computers and handheld devices, without ever having to put pen to paper. There is no need to print, sign with ink, fax, courier or scan documents back to us.
The laws in individual countries related to electronic signatures are constantly evolving. Many countries, including Canada and the United States, explicitly grant electronic signatures the same status as handwritten signatures with some specific exclusions.
The use of digital signatures along with GES in-house software for the creation and processing of investor share subscription agreements greatly compresses the time and effort to complete such transactions and minimize errors.
Digital signatures are also utilized by GES for private share transfers. We generate buy/sell agreement, instructions, powers of attorneys, transfer forms and draft legal opinions, for execution. Most documents are auto-prepared by GES and emailed to both buyer and seller for their digital e-signatures.