Where can I find the Personal Covenants exhibit for the 360 Painting franchise agreement?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
- EXHIBIT C-1 MISCELLANEOUS INFORMATION; TERRITORY DEFINED
- EXHIBIT C-2 PERSONAL COVENANTS
- EXHIBIT C-3 INTERNET WEB SITES AND LISTINGS AGREEMENT
- EXHIBIT C-4 TELEPHONE LISTING AGREEMENT
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 41–42)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, the Personal Covenants exhibit can be found as Exhibit C-2. Item 21 lists several exhibits related to the franchise agreement. These exhibits provide additional details and agreements relevant to the franchise relationship.
Specifically, Exhibit C-2 contains the personal covenants that a franchisee must adhere to. These covenants are legally binding promises or obligations that the franchisee makes to 360 Painting. They often relate to how the franchisee will manage and operate the business, maintain brand standards, and protect confidential information.
Prospective franchisees should carefully review Exhibit C-2 to understand the full scope of their obligations. Understanding these covenants is crucial, as violating them can lead to penalties or even termination of the franchise agreement. It is advisable to seek legal counsel to fully comprehend the implications of these personal covenants before signing the franchise agreement.