factual

Who is appointed as the Azal Coffee franchisee's attorney-in-fact to transfer Electronic Media for Azal Coffee?

Azal_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

Franchisee also hereby appoints an officer of Franchisor as Franchisee's attorney-in-fact to transfer the Electronic Media to Franchisor and to sign, on behalf of Franchisee, all documents necessary to accomplish the transfer.

Source: Item 22 — CONTRACTS (FDD page 51)

What This Means (2024 FDD)

According to Azal Coffee's 2024 Franchise Disclosure Document, an officer of the Franchisor is appointed as the franchisee's attorney-in-fact to transfer the Electronic Media to Azal Coffee. This appointment allows the officer to sign all necessary documents on behalf of the franchisee to complete the transfer.

This is particularly relevant when the Franchise Agreement expires or terminates. In such cases, the franchisee must cease using all electronic media associated with the Azal Coffee business. If the franchisee fails or refuses to transfer the Electronic Media, Azal Coffee or its officers, as the franchisee's attorney-in-fact, are authorized to direct service providers and listing agencies to transfer these items.

This arrangement ensures that Azal Coffee maintains control over its brand and online presence, even after a franchise agreement ends. It also streamlines the process of transferring digital assets, reducing potential delays or disputes. The franchisee authorizes service providers and listing agencies to accept the direction in the agreement as conclusive evidence of Azal Coffee's exclusive rights and authority to direct the transfer of Electronic Media.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.