What is the significance of the date '4/22' appearing on the 1-800-GOT-JUNK? Franchise Agreement?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
908-1371-6037.2 Franchise Agreement 4/22 ACKNOWLEDGEMENT AND EXECUTION BY FRANCHISEE FRANCHISEE ACKNOWLEDGES THAT PRIOR TO THE DATE OF EXECUTING THIS AGREEMENT OR PAYING ANY NON-REFUNDABLE CONSIDERATION FOR IT, FRANCHISEE HAS RECEIVED, READ AND UNDERSTOOD A COMPLETE COPY OF THIS AGREEMENT (WITH ALL BLANKS COMPLETED) IN CONSULTATION WITH PROFESSIONAL ADVISORS OF FRANCHISEE’S OWN CHOOSING AND, ACCORDINGLY, THAT FRANCHISEE IS AWARE OF ALL PROVISIONS OF THIS AGREEMENT AND IS AWARE OF THE BUSINESS RISKS INVOLVED IN ENTERING INTO THIS AGREEMENT AND ESTABLISHING AND OPERATING THE FRANCHISED BUSINESS CONTEMPLATED HEREBY. FRANCHISEE: By: Dated: 4908-1371-6037.2 A-1 Franchise Agreement 4/22 SCHEDULE A This is Schedule A to a Franchise Agreement between 1-800-GOT-JUNK? LLC, a Delaware limited liability company and
MARKS 1-800-GOT-JUNK? ® Registration Number: 2,316,369
Registration Number: 3,044,864 (1-800-GOT-JUNK? image bearing the green/blue color scheme) GOT JUNK? Registration Number: 3,925,091 JUST POINT, AND JUNK Registration Number: 5,179,105 DISAPPEARS 4908-1371-6037.2 B-1 Franchise Agreement 4/22 SCHEDULE B This is Schedule B to a Franchise Agreement between 1-800-GOT-JUNK?
Source: Item 22 — Contracts (FDD page 24)
What This Means (2025 FDD)
According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, the notation '4/22' appears on several schedules and the main signature page of the Franchise Agreement. Specifically, it is present on the bottom of Schedule A (MARKS), Schedule B (FRANCHISED BUSINESS - PARTICULARS), Schedule D (SHARE OWNERSHIP), and on the Acknowledgment and Execution page. This '4/22' likely refers to a version date of the franchise agreement, indicating the specific version of the agreement and its schedules.
For a prospective 1-800-GOT-JUNK? franchisee, this date is important for ensuring they are reviewing the correct and most current version of the Franchise Agreement. Franchise agreements can undergo revisions, and using an outdated version could lead to misunderstandings or disputes regarding the terms and conditions. The franchisee should confirm with 1-800-GOT-JUNK? that the '4/22' version is indeed the latest and controlling version before signing.
It is standard practice in franchising to have version dates on legal documents to track changes and ensure all parties are aligned on the same terms. Franchisees should always carefully review all schedules and exhibits attached to the Franchise Agreement, as these contain critical information about the franchise, including trademarks, territory specifics, and ownership details. The presence of the '4/22' date on these schedules underscores the importance of verifying that all components of the agreement are current and consistent.
Therefore, a prospective 1-800-GOT-JUNK? franchisee should view the '4/22' date as a reference point to confirm the agreement's version and should seek clarification from 1-800-GOT-JUNK? if there is any doubt about its validity or if a more recent version exists. Paying attention to these details can help avoid potential issues down the line and ensure a clear understanding of the franchise relationship.