What documents must a Christies International Real Estate franchisee execute to effectuate the post-termination obligations?

According to the 2025 Christies International Real Estate FDD, a franchisee must execute any necessary papers, documents, and assurances to fulfill the intent of Section 11 of the agreement, which pertains to obligations following termination or expiration. This includes actions needed to change corporate names, trade names, or any similar corporate identifier to one that does not include any Christies International Real Estate marks.

Specifically, the franchisee agrees that their execution of the agreement acts as a power of attorney in favor of Christies International Real Estate to execute all such documents on the franchisee's behalf to carry out the purposes of this provision. This means that Christies International Real Estate can act on behalf of the franchisee to ensure compliance with post-termination obligations.

In practical terms, this clause ensures that Christies International Real Estate can efficiently manage the brand and prevent any misuse of its marks after a franchise agreement ends. It protects the brand's identity and market position by allowing the franchisor to take necessary legal and administrative steps without needing constant direct involvement from the former franchisee. Franchisees should understand that by signing the agreement, they grant Christies International Real Estate the authority to handle these post-termination tasks on their behalf.