conditional

Under what condition do the terms of the Addendum apply to 360 Painting?

360_Painting Franchise · 2025 FDD

Answer from 2025 FDD Document

To the extent the California Franchise Investment Law, Cal. Corp. Code §§ 31000-31516 or the California Franchise Relations Act, Cal. Bus. & Prof. Code §§20000-20043 applies, the terms of this Addendum apply.

To the extent the Illinois Franchise Disclosure Act, Ill. Comp. Stat. §§705/1 – 705/44 applies, the terms of this Addendum apply.

To the extent the Minnesota Franchise Act, Minn. Stat. §§80C.01 – 80C.22 applies, the terms of this Addendum apply.

The provisions of this Addendum form an integral part of, are incorporated into, and modify the Franchise Disclosure Document, the franchise agreement, and all related agreements regardless of anything to the contrary contained therein. This Addendum applies if: (a) the offer to sell a franchise is accepted in Washington;(b)thepurchaser ofthe franchise is a resident ofWashington; and/or(c)the franchised business thatisthe subject ofthe sale isto be located or operated,wholly or partly,inWashington.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 42–46)

What This Means (2025 FDD)

According to the 2025 FDD, the terms of the Addendum to the 360 Painting Franchise Disclosure Document apply under specific conditions that vary by state. For California, the addendum applies to the extent that the California Franchise Investment Law or the California Franchise Relations Act applies. For Illinois, the addendum applies if the Illinois Franchise Disclosure Act applies. In Minnesota, the addendum applies if the Minnesota Franchise Act applies. Finally, for Washington, the addendum applies if (a) the offer to sell a franchise is accepted in Washington; (b) the purchaser of the franchise is a resident of Washington; and/or (c) the franchised business that is the subject of the sale is to be located or operated, wholly or partly, in Washington.

These addenda include modifications and clarifications to the standard franchise agreement to comply with state-specific franchise laws. These modifications can cover various aspects, such as dispute resolution, waivers of rights, and financial obligations.

For a prospective 360 Painting franchisee, it is crucial to carefully review the addendum specific to their state to understand their rights and obligations under the franchise agreement as modified by state law. This ensures compliance and awareness of any additional protections or restrictions that may apply.

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.