For an All County franchise, what information about partners, if applicable, is required in Appendix A?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document in Exhibit A is our Franchise Agreement. Each of your owners, at any time during the term of the Franchise Agreement, will execute an agreement in the form that we prescribe (see Appendix C to the Franchise Agreement) undertaking to be bound jointly and severally by all provisions of the Franchise Agreement and any ancillary agreements between you and us that bind you.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, each owner of an All County franchise, at any point during the term of the Franchise Agreement, is required to execute an agreement. This agreement, using a form prescribed by All County and found in Appendix C of the Franchise Agreement, ensures that each owner is jointly and severally bound by all provisions of the Franchise Agreement and any related ancillary agreements between the franchisee and All County.
This requirement means that all owners are equally responsible for upholding the terms of the franchise agreement. "Jointly" means that multiple parties are responsible together, while "severally" means each individual is independently liable. Therefore, All County can seek recourse from any or all owners if there is a breach of contract.
Prospective franchisees should carefully review Appendix C to understand the specific obligations and liabilities that each owner will be subject to. This is a standard practice in franchising to ensure that all individuals with an ownership stake are committed to and accountable for the franchise's performance and compliance with the franchise agreement.