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Does the Alloy FDD outline any conditions related to franchise operations in the 'STATE OF GLOVAIA'?

Alloy Franchise · 2025 FDD

Answer from 2025 FDD Document

FOR THE FOLLOWING STATES ONLY: CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, WISCONSIN

This Rider to State Addendum to ALLOY® Franchise Disclosure Document ("FDD"), Franchise Agreement and/or Area Development Agreement (if applicable) is entered into by and between Alloy Personal Training, LLC, 2500 Old Alabama Road, Suite 24, Roswell, Georgia 30076 ("we" or "us") and ("you"). A. This Rider is being signed because you are a resident of one of the states listed in the heading of this Rider (the "Applicable Franchise Registration State") or a non-resident who is acquiring franchise rights permitting the location of one or more ALLOY® businesses in the Applicable Franchise Registration State. B. We and you have contemporaneously herewith entered into a Franchise Agreement (the "Agreement") and/or an Area Development Agreement (if applicable) and wish to amend the Agreement as provided herein. NOW, THEREFORE, for and in consideration of good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the FDD and Agreement and Area Development Agreement (if applicable) are hereby amended as follows: 1. The following language is hereby added to the end of the FDD, Agreement and Area Development Agreement (if applicable): "No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise." 2. Except as provided in this Rider, the Agreement and Area Development Agreement remains in full force and effect in accordance with its terms. This Rider shall be effective only to the extent that the jurisdictional requirements of the franchise law of the Applicable Franchise Registration State are met independently without reference to this Rider. YOU: WE: ALLOY PERSONAL TRAINING, LLC

CALIFORNIA ADDENDUM TO FRANCHISE DISCLOSURE DOCUMENT

Source: Item 23 — RECEIPTS (FDD pages 69–245)

What This Means (2025 FDD)

Based on the 2025 Alloy FDD excerpts, there is no mention of specific conditions related to franchise operations in a state called 'Glovaia'. However, the document includes addenda that address specific state franchise laws for California and Illinois.

The Alloy FDD includes a Rider to State Addendum applicable to franchisees residing in or acquiring franchise rights in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin. This rider amends the Franchise Agreement to ensure compliance with applicable state franchise laws, preventing franchisees from waiving claims or disclaiming reliance on franchisor statements.

For Illinois, the FDD notes that the Illinois Attorney General's Office requires a financial assurance due to Alloy's financial condition, in the form of a surety bond. The FDD also states that Illinois law governs the Franchise Agreement, and any provision designating jurisdiction or venue outside Illinois is void, although arbitration outside of Illinois is permitted. Additionally, the FDD mentions the Illinois Franchise Disclosure Act and states that franchisees cannot waive compliance with it or any other Illinois law.

For California, the FDD includes an addendum pertaining to franchises sold in California to comply with California statutes and regulations. It states that the California Franchise Relations Act provides rights to the franchisee concerning termination, transfer, or non-renewal of a franchise, and if the area development agreement contains a provision that is inconsistent with the law, the law will control. A prospective franchisee in Glovaia should consult with Alloy directly to understand any state-specific regulations or addenda that may apply to their operations.

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.