Does the Angry Chickz Franchise Disclosure Document have an addendum specifically for the state of Maryland?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
ADDENDUM TO ANGRY CHICKZ FRANCHISING LLC DISCLOSURE DOCUMENT FOR THE STATE OF MARYLAND
The following information applies to franchises and franchisees subject to Maryland statutes and regulations. Item numbers correspond to those in the main body of the disclosure document:
1. Item 5, Additional Disclosure. The following statement is added to Item 5:
Based upon the franchisor's financial condition, the Maryland Securities Commissioner has required a financial assurance. Therefore, all initial fees and payments owed by franchisees shall be deferred until the franchisor completes its pre-opening obligations under the franchise agreement.
2. Item 17, Additional Disclosures. The following statements are added to Item 17:
The Franchise Agreement provides for termination if you are insolvent under any applicable state or federal law. This provision may not be enforceable under federal bankruptcy law (11 U.S.C.A. Section 101 et seq.).
A franchisee may bring a lawsuit in Maryland for claims arising under the Maryland Franchise Registration and Disclosure Law.
Any claims arising under the Maryland Franchise Registration and Disclosure Law must be brought within 3 years after the grant of the franchise.
The general release required as a condition of renewal, sale and/or assignment/transfer shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law. All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.
3. Item 22, Additional Disclosure. The following statement is added to Item 22:
No statement, questionnaire or acknowledgement 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.
ADDENDUM TO ANGRY CHICKZ FRANCHISING LLC FRANCHISE AGREEMENT (State of Maryland)
Source: Item 23 — RECEIPTS (FDD pages 54–260)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, there is an addendum for the state of Maryland. This addendum includes modifications and additional disclosures to specific items within the main body of the disclosure document and the franchise agreement to comply with Maryland statutes and regulations.
The Maryland addendum addresses several key areas. It modifies Item 5 regarding additional disclosures, requiring that all initial fees and payments from franchisees be deferred until Angry Chickz completes its pre-opening obligations due to the franchisor's financial condition and the requirement of a financial assurance by the Maryland Securities Commissioner. It also adds to Item 17, clarifying franchisee rights and limitations under Maryland's Franchise Registration and Disclosure Law, including the ability to bring lawsuits in Maryland and a three-year statute of limitations for claims.
Furthermore, the addendum includes additional disclosures for Item 22, ensuring that no statement or agreement signed by the franchisee waives claims under state franchise law or disclaims reliance on statements made by Angry Chickz. There is also an addendum to the Angry Chickz Franchise Agreement specific to Maryland, as well as an addendum to the Area Development Agreement, further emphasizing compliance with Maryland franchise laws and regulations.