In what state is the Punch King Fitness Power of Attorney executed and delivered?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
POWER OF ATTORNEY TO ASSIGN TELEPHONE NUMBER
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 to Assign Telephone Number designates Punch King Fitness, Inc., a California Corporation, as the Assignee. This means that the franchisee (Assignor) grants Punch King Fitness the authority to manage their business telephone numbers and related listings. The Power of Attorney document does not specify the state where the franchisee must execute and deliver the document; however, it does state that Punch King Fitness, Inc. is a California corporation.
This arrangement allows Punch King Fitness to maintain control over the brand's presence in telephone directories and ensure consistency across all franchise locations. It also streamlines the process of transferring or updating telephone services, as the franchisee grants Punch King Fitness the power to act on their behalf.
Prospective franchisees should note that this power of attorney is irrevocable, meaning the franchisee cannot easily revoke the authority granted to Punch King Fitness. It is important for franchisees to understand the implications of granting such broad authority and to carefully review the terms of the Power of Attorney document.