Are there any exceptions to the Buns On Fire Irrevocable Power of Attorney?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
This instrument is to be construed and interpreted as an irrevocable power of attorney coupled with an interest. It is executed and delivered in the State of and the laws of the State of shall govern all questions as to the validity of this Power of Attorney and the construction of its provisions.
termination, however, shall not affect the validity of any act or deed that Franchisor may have effected prior
to such date pursuant to the powers herein granted.
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, the Irrevocable Power of Attorney is coupled with an interest and remains valid even after termination of the agreement. However, any actions taken by the Franchisor before the termination date remain valid. This means that while the power of attorney is generally irrevocable, its effects are limited to actions taken before the termination of the franchise agreement.
This clause ensures that Buns On Fire retains certain rights and authorities over the franchise, even potentially during disputes or transitions. The franchisee grants Buns On Fire the power to act on their behalf in specific situations outlined in the franchise agreement.
Prospective franchisees should carefully review the specific powers granted to Buns On Fire under the Irrevocable Power of Attorney and understand the circumstances under which the franchisor can exercise these powers. It is important to seek legal counsel to fully understand the implications of granting such broad authority to the franchisor and how it might affect the franchisee's control over their business.