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When an AI agent queries regulated data, invokes effectful tools, and mutates persistent state, correctness is not captured by whether a terminal output looks plausible. The operative questions are whether each step was authorized under a contract, whether the recorded history is tamper-evident, and whether the trajectory can be reconstructed deterministically. We formalize this as runtime proof of execution. An execution is a triple $x = (C, T, R)$: a contract $C$, an Execution Causal Event Stream (ECES) $T$, and a replay context $R$. A well-formedness predicate and five validator-checkable invariants form the PoE validity predicate. Five semantic guarantees describe authorization, path compliance, null effect on deny, history integrity, and replayability. 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A well-formedness predicate and five validator-checkable invariants form the PoE validity predicate. Five semantic guarantees describe authorization, path compliance, null effect on deny, history integrity, and replayability. 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