Under what conditions is the power of attorney granted to Buns On Fire irrevocable?
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 power of attorney is designed to be irrevocable and is coupled with an interest. This means it is intended to remain in effect and cannot be easily revoked by the franchisee.
The document specifies that this instrument should be interpreted as an irrevocable power of attorney. The power of attorney is executed and delivered in a specific state, and the laws of that state will govern its validity and construction.
Even if the franchise agreement is terminated, any actions or deeds that Buns On Fire has already carried out under the power of attorney before the termination date will still be considered valid. This clause protects Buns On Fire from potential disputes arising from actions taken on behalf of the franchisee before the agreement's termination.