Who is appointed as the Attorney-in-Fact for 7 Brew in the provided Power of Attorney?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of each of the Companies, which resolutions are now in full force and effect, reading as follows:
RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys-in-Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is
FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary; and it is
FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vica Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys-in-Fact and Agents pursuant to the lower prescribed lights or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and iff
Source: Item 22 — CONTRACTS (FDD pages 82–83)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the excerpt provides information regarding the authorization and execution of Power of Attorney documents by 7 Brew. It states that the Chairman, President, any Vice Chairman, Executive Vice President, Senior Vice President, or any Vice President can appoint Attorneys-in-Fact and Agents to act on behalf of the company. These appointees are granted the authority to sign bonds, recognizances, contracts of indemnity, and other obligatory writings with the company's name and seal. The excerpt also mentions that these officers or the Board of Directors can remove any appointee and revoke their power at any time. However, the specific name of the appointed Attorney-in-Fact is not mentioned in this excerpt.
Additionally, the document mentions that any bond, recognizance, contract of indemnity, or writing obligatory is valid and binding upon the company if signed by specific officers or duly executed by one or more Attorneys-in-Fact and Agents, according to their certificates of authority or by company officers with a written delegation of authority.
Therefore, while the excerpt details the process and authorization for appointing Attorneys-in-Fact, it does not specify who the current appointee is. To determine the specific individual serving as Attorney-in-Fact, a prospective franchisee should request further information from 7 Brew.