Is the Buns On Fire Irrevocable Power of Attorney dependent on any other documents or agreements?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS:
Exhibit A Location Addendum
Exhibit B. Guaranty (to Franchisor)
Exhibit C. Conditional Lease Assignment Provisions
Exhibit D. Site Location Addendum
Exhibit E. Internet, Website, and Telephone Listing Agreement
Exhibit F. State Specific Addendum
Exhibit G. Franchisee Disclosure Acknowledgement Statement
Exhibit H. Questionnaire
Exhibit I. Training Completion Agreement and Release
Exhibit J. [Reserved].
Exhibit K. Guaranty (Exclusive Supplier)
Exhibit L. Electronic Transfer Authorization
Exhibit M. Power of Attorney
Exhibit N. ADA Certificate
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, the Power of Attorney is listed as Exhibit M. While the excerpt does not explicitly state that the Irrevocable Power of Attorney is dependent on other documents, it is included as part of a list of exhibits related to the franchise agreement.
This suggests that the Power of Attorney is likely connected to the Franchise Agreement or other related documents. It is common practice for franchise agreements to reference and incorporate various exhibits that detail specific aspects of the franchise relationship. These exhibits often outline additional obligations, rights, or procedures that are integral to the overall agreement.
A prospective Buns On Fire franchisee should carefully review Exhibit M, the Power of Attorney, in conjunction with the Franchise Agreement and all other referenced exhibits to fully understand its scope and implications. It would be prudent to seek clarification from Buns On Fire regarding the specific circumstances under which the Power of Attorney may be exercised and its relationship to other agreements.
Understanding the dependencies and triggers for the Power of Attorney is crucial for a franchisee to assess the potential risks and obligations associated with this document. Consulting with a legal professional experienced in franchise law is highly recommended to ensure a comprehensive understanding of all contractual obligations.