How does the Buns On Fire Irrevocable Power of Attorney relate to the franchise agreement?
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
BUNS ON FIRE FRANCHISE AGREEMENT
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, Exhibit M lists the Power of Attorney as one of the exhibits related to the Buns On Fire franchise agreement. However, the document does not elaborate on the specific terms, conditions, or purpose of the Power of Attorney.
Because the excerpt only mentions the existence of a Power of Attorney exhibit, prospective franchisees should carefully review Exhibit M within the FDD and Franchise Agreement to understand the scope and limitations of the Power of Attorney. They should seek clarification from Buns On Fire regarding the specific circumstances under which the Power of Attorney may be exercised and its potential impact on their rights and obligations as a franchisee.
Understanding the details of the Power of Attorney is crucial, as it could grant Buns On Fire significant authority to act on the franchisee's behalf in certain situations. Consulting with a legal professional experienced in franchise law is advisable to fully assess the implications and ensure that the franchisee's interests are adequately protected.