factual

What is the purpose of including the date '4/23' on the 1-800-GOT-JUNK? Franchise Agreement?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

4908-1371-6037.2 Franchise Agreement 4/22

Source: Item 22 — Contracts (FDD page 24)

What This Means (2025 FDD)

According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, the date '4/22' appears on several pages of the Franchise Agreement and its schedules. Specifically, it is located on the bottom of pages labeled as 'Franchise Agreement' and associated schedules such as Schedule A (MARKS) and Schedule B (Franchised Business - Particulars). This date likely serves as a version or revision date for the agreement and its components. The presence of this date helps to identify which version of the Franchise Agreement and related documents are in effect.

For a prospective 1-800-GOT-JUNK? franchisee, understanding the version date is crucial. It ensures that all parties are referencing the same, current version of the agreement. This is particularly important because franchise agreements can be updated or amended over time. Knowing the specific version date helps avoid confusion or disputes that could arise from referencing outdated terms. Franchisees should confirm that the date on their agreement matches the most recent version provided by 1-800-GOT-JUNK? during the signing process.

It is also important to note that the 'Effective Date' of the franchise, as detailed in Schedule B, is separate from this version date. The Effective Date marks when the specific franchise agreement officially begins, while the '4/22' date indicates when the agreement template itself was last revised. Franchisees should pay attention to both dates to fully understand the terms and timeline of their franchise relationship with 1-800-GOT-JUNK?. The actual effective date will be unique to each franchisee and is established when the agreement is fully executed.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.