Does the Azal Coffee franchisee's obligation to assign Telephone Numbers and Electronic Media extend to the franchisor's successor or assign?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee assigns all Telephone Numbers to Franchisor or its successor or assign.
Franchisee hereby appoints an officer of Franchisor as Franchisee's attorney-in-fact to transfer the Telephone Numbers to Franchisor and to sign, on behalf of Franchisee, all documents necessary to accomplish the transfer.
- 3. Assignment of Electronic Media/Power of Attorney.
Franchisee assigns all Electronic Media to Franchisor or its successor or assign.
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, the franchisee's obligation to assign Telephone Numbers and Electronic Media extends to the franchisor's successor or assign. The Franchise Agreement stipulates that the franchisee assigns all Telephone Numbers to Azal Coffee or its successor or assign. Similarly, the franchisee assigns all Electronic Media to Azal Coffee or its successor or assign.
To facilitate these assignments, the franchisee appoints an officer of Azal Coffee as their attorney-in-fact. This appointment grants the officer the authority to transfer the Telephone Numbers and Electronic Media to Azal Coffee and to sign all necessary documents on behalf of the franchisee to complete the transfer.
This means that if Azal Coffee were to be acquired or transfer its rights to another entity, the franchisee's obligation to transfer the Telephone Numbers and Electronic Media would extend to that new entity. This ensures that Azal Coffee or its successor maintains control over the brand's communication channels and online presence.