What does the 360 Painting Franchise Agreement refer to as the 'Agreement'?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS FRANCHISE AGREEMENT (the "Agreement") is made and entered into as of the date set forth on Exhibit C-1 attached hereto (the "Effective Date") (Exhibit C-1 and all other exhibits hereto are incorporated herein by this reference) by and between 360 Painting, LLC, a limited liability company organized under the laws of Delaware with its principal place of business at the address set forth on Exhibit C-1 hereto ("Franchisor"), and the person or entity identified on Exhibit C-1 as the franchisee ("Franchisee").
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, the franchise agreement itself is referred to as the "Agreement." The document specifies that the Franchise Agreement, along with its exhibits, is made between 360 Painting, LLC, identified as the Franchisor, and the franchisee. The effective date of the agreement is detailed in Exhibit C-1.
This definition is important for franchisees as it establishes a clear and consistent reference to the core contract governing the franchise relationship. Franchisees should pay close attention to Exhibit C-1, as it contains critical information such as the effective date of the agreement and franchisee details.
Understanding this definition helps in interpreting other clauses within the Franchise Agreement and related documents. For instance, any mention of "the Agreement" refers directly to the terms and conditions outlined in the 360 Painting Franchise Agreement, ensuring clarity in legal and operational contexts.