Who is appointed as the Attorney-in-Fact for Big Air Trampoline Park by the Companies?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, St. Paul Fire and Marine Insurance Company, and Farmington Casualty Company are corporations duly organized under the laws of the State of Connecticut (herein collectively called the "Companies"), and that the Companies do hereby make, constitute and appoint Russell E. Vance, of Hartford, CT, their true and lawful Attorney(s)-in-Fact, to sign, execute, seal and acknowledge the following bond:
Surety Bond No.: 107815250
Principal: BIG AIR FRANCHISING, LLC
IN WITNESS WHEREOF, the Companies have caused this instrument to be signed and their corporate seals to be hereto affixed, this 21st day of April, 2021.
State of Connecticut
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, Russell E. Vance, of Hartford, CT, is appointed as the Attorney-in-Fact for Big Air Franchising, LLC by Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, St. Paul Fire and Marine Insurance Company, and Farmington Casualty Company. These companies are referred to collectively as "the Companies". This appointment empowers Russell E. Vance to sign, execute, seal, and acknowledge bonds on behalf of Big Air Trampoline Park. This is evidenced by surety bond numbers 167774557 and 107815250. This appointment was made on April 21, 2021.
This Power of Attorney grants Vance the authority to act on behalf of the surety companies in matters related to the surety bonds required for Big Air Trampoline Park's franchising operations. This is a standard legal procedure that allows the surety company to delegate specific tasks to an attorney-in-fact, ensuring efficient handling of bond-related documentation and execution.
Another instance shows that for ATLANTIC SPECIALTY INSURANCE COMPANY, Mary E. Hanks and Kristin L. Salazar are appointed as Attorney(s)-in-Fact. This appointment allows them to execute bonds, recognizances, contracts of indemnity, and other writings on behalf of the insurance company, provided that no bond exceeds an unlimited amount. This delegation is authorized by resolutions from the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY.