What is the purpose of the Power of Attorney granted by the Punch King Fitness franchisee?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
The undersigned Punch King Fitness franchisee (Assignor) does hereby irrevocably constitute and appoint Punch King Fitness, Inc., a California Corporation (Assignee), the true and lawful attorney-in-fact and agent for Assignor and in Assignor's name, place and stead, to do or cause to be done all things and to sign, execute, acknowledge, certify, deliver, accept, record and file all such agreements, certificates, instruments and documents as, in the sole discretion of Assignee, may be necessary or advisable for the sole purpose of assigning to Assignee or Assignee's designee all of Assignor's right, title and interest in and to any and all telephone numbers of Assignor's Punch King Fitness Franchised Business and all related Yellow Pages, White Pages and other business listings, including but not limited to, the execution and delivery of any Transfer of Service Agreement and any other transfer documentation required by the applicable telephone service company providing telephone services for Assignor, hereby granting unto Assignee full power and authority to do and perform any and all acts and things which, in the sole discretion of Assignee, are necessary or advisable to be done as fully to all intents and purposes as Assignor might or could itself do, hereby ratifying and confirming all that Assignee may lawfully do or cause to be done by virtue of this Power of Attorney and the powers herein granted.
Source: Item 22 — CONTRACTS (FDD pages 56–215)
What This Means (2024 FDD)
According to Punch King Fitness's 2024 Franchise Disclosure Document, the Power of Attorney granted by the franchisee to Punch King Fitness, Inc. allows Punch King Fitness, Inc. to act as the franchisee's attorney-in-fact. This grants Punch King Fitness the authority to manage the franchisee's telephone numbers and related business listings.
Specifically, Punch King Fitness is authorized to handle all necessary actions to assign the franchisee's telephone numbers to Punch King Fitness or its designee. This includes signing and delivering agreements, certificates, instruments, and documents related to the transfer of telephone service and business listings. The power of attorney covers all telephone numbers associated with the franchisee's Punch King Fitness franchise business, including listings in the Yellow Pages, White Pages, and other business directories.
This arrangement ensures that Punch King Fitness maintains control over the telephone numbers and listings associated with its franchise locations. This can be important for maintaining brand consistency and managing customer inquiries across the franchise system. The franchisee essentially gives Punch King Fitness the right to act on their behalf in all matters related to these telephone numbers and listings, streamlining the process and ensuring compliance with Punch King Fitness's standards.