What information about an All County franchisee's organization must be furnished to All County upon request?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
5.2. Corporate, Limited Liability Company or Partnership Franchisee. If you are at any time a corporation, limited liability company, partnership, or other business entity, you agree and represent that:
5.2.1.
Your charter (if you are a corporation) or partnership agreement (if you are a partnership) will at all times provide that your activities are confined exclusively to operating the Business, you will promptly furnish to us copies of your Articles of Incorporation, bylaws, partnership agreement, and other governing documents, and any amendments thereto, including the resolution of the board of directors authorizing entry into this Agreement, and you will have the authority to execute, deliver and perform your obligations under this Agreement and are duly organized or formed and validly existing in good standing under the laws of the state of your incorporation or formation.
You will notify us within five (5)
- days whenever there is a change in your corporate status or whenever you receive service of process for any reason;
- 5.2.2. Your organizational documents or partnership agreement will recite that the issuance and transfer of any ownership interests in you are restricted by the terms of this Agreement, and all certificates and other documents representing ownership interests in you will bear a legend referring to the restrictions of this Agreement;
- 5.2.3. Appendix A to this Agreement will completely and accurately describe all of your owners and their interests in you;
- 5.2.4. Each of your owners, at any time during the Term of this Agreement, will execute an agreement in the form that we prescribe (see Appendix C to this Agreement) undertaking to be bound jointly and severally by all provisions of this Agreement and any ancillary agreements between you and us that bind you. You and your owners agree to execute and deliver to us such revised copies of Appendix A as may be necessary to reflect any changes in the information contained therein and to furnish such other information about your organization or information as we may request within five (5) days of change.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, if a franchisee is a corporation, limited liability company, partnership, or other business entity, they must provide certain organizational documents to All County. Specifically, the franchisee must furnish copies of their Articles of Incorporation, bylaws, partnership agreement, other governing documents, and any amendments. This includes the resolution of the board of directors authorizing entry into the Franchise Agreement. These documents must show that the franchisee's activities are confined exclusively to operating the All County business.
Additionally, the franchisee must notify All County within five days of any change in their corporate status or if they receive service of process for any reason. The franchisee's organizational documents or partnership agreement must state that the issuance and transfer of any ownership interests are restricted by the terms of the Franchise Agreement. All certificates and documents representing ownership interests must include a reference to these restrictions.
Appendix A of the Franchise Agreement must accurately describe all of the franchisee's owners and their interests in the company. Each owner must also sign an agreement to be jointly and severally bound by the Franchise Agreement. Franchisees and their owners must provide revised copies of Appendix A to reflect any changes in the information and furnish any other requested information about their organization within five days of the change. This ensures All County maintains current and accurate records of the franchisee's organizational structure and ownership.