Can the power of attorney granted to Spray Net be revoked, modified, or altered?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
The power of attorney conferred upon the Franchisor under this Assignment is a power coupled with an interest and cannot be revoked, modified or altered without the written consent of the Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 75–219)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, the power of attorney conferred upon the franchisor is coupled with an interest and cannot be revoked, modified, or altered without Spray Net's written consent. This means that once the franchisee grants Spray Net the power of attorney, the franchisee cannot unilaterally change or terminate it.
This provision gives Spray Net significant control in the event of a franchisee default under the lease or the Franchise Agreement. Specifically, Spray Net is authorized to rent, lease, manage, and operate the franchisee's site. This arrangement is designed to protect Spray Net's interests and ensure the continued operation of the franchise, even if the franchisee is facing difficulties.
For a prospective Spray Net franchisee, this clause highlights the importance of understanding the conditions under which Spray Net can exercise its power of attorney. It also emphasizes the need to carefully review the Franchise Agreement and any related lease agreements to fully grasp the potential implications of defaulting. Because the power of attorney is irrevocable without Spray Net's consent, franchisees need to be confident in their ability to meet their obligations under the agreements.