What is the duration of Zoomin Groomin's appointment as attorney-in-fact for the franchisee?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
For value received, Franchisee hereby irrevocably appoints Franchisor as Franchisee's attorney-in-fact, to act in Franchisee's place, for the purpose of assigning any Listings. This appointment gives to us full power to receive, transfer or assign to us or our designee or take any other actions required of Franchisee under the Agreement. Franchisee grants Franchisor full authority to act in any manner proper or necessary to the exercise of the foregoing powers, including full power of substitution and execution or completion of any documents required or requested by any telephone or other company to transfer such Listings and Franchisee ratifies every act that Franchisor may lawfully perform in exercising those powers. This power of attorney shall be effective for a period of two (2) years from the date of expiration, cancellation or termination of Franchisee's rights under the Agreement for any reason. Franchisee declares this power of attorney to be irrevocable and renounces all rights to revoke it or to appoint another person to perform the acts referred to in this instrument. This power of attorney shall not be affected by the subsequent incapacity of Franchisee. This power is created to secure performance of a duty to Franchisor and is for consideration.
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to the 2025 Zoomin Groomin FDD, the appointment of Zoomin Groomin as the franchisee's attorney-in-fact is effective for a period of two years. This two-year period begins from the date of the expiration, cancellation, or termination of the Franchise Agreement. This appointment grants Zoomin Groomin the authority to act on behalf of the franchisee for the purpose of assigning any listings, including telephone numbers, websites, and social media accounts, related to the franchise.
This appointment gives Zoomin Groomin full power to receive, transfer, or assign the listings to themselves or their designee. It also allows them to take any other actions required of the franchisee under the agreement. Zoomin Groomin has the authority to execute or complete any documents required by telephone or other companies to transfer such listings. The franchisee ratifies every act that Zoomin Groomin may lawfully perform in exercising these powers.
The power of attorney granted to Zoomin Groomin is declared to be irrevocable, meaning the franchisee cannot revoke it or appoint another person to perform the acts. This power of attorney remains effective even if the franchisee becomes incapacitated. The FDD states that this power is created to secure performance of a duty to Zoomin Groomin and is for consideration.