What exhibits are included with the Antioch Pizza Shop Franchise Agreement?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
s:
1. GRANT
1.1 We hereby grant to you, pursuant to the terms and conditions of this Agreement, the right to obtain franchises, subject to the terms of this Agreement, to establish and operate Antioch Pizza Shop franchises restaurants ("Antioch Pizza Shop Restaurant") within the geographic area
MUDA 2025 - 1 -
or areas described in Exhibit A attached hereto and incorporated herein by this reference ("Development Area"). If the Development Area is made up of separate and distinct areas in which each of the franchises to be developed under the Development Schedule will be developed, upon the execution of a Franchise Agreement for each franchise and the designation of the Protected Area under that Franchise Agreement, the portion of the Development Area described in Exhibit A attached hereto for that franchise will be released and deleted from the description of the Development Area as of that date for purposes of this Agreement and the Protected Area described in the respective Franchise Agreement will control.
- 1.2 You agree to be bound by the development schedule set forth in Exhibit B attached hereto ("Development Schedule"). Time is of the essence of this Agreement.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 FDD, several exhibits are attached to the Antioch Pizza Shop Multi-Unit Development Agreement. These exhibits provide further details and clarification regarding specific aspects of the agreement. Exhibit A pertains to the description of the development area, outlining the geographic locations where the franchisee is authorized to establish Antioch Pizza Shop franchises. Exhibit B outlines the development schedule, which specifies the timeline and milestones the franchisee must adhere to for opening new Antioch Pizza Shop locations within the designated development area. Exhibit C consists of the Owner Guaranty, which must be executed by all owners of the franchisee entity, ensuring their personal guarantee of the obligations under the agreement. Finally, Exhibit F covers the conditional assignment of the franchisee's telephone numbers and digital marketing accounts, granting Antioch Pizza Shop the right to utilize these assets under certain conditions.
These exhibits are legally binding documents that supplement the main franchise agreement. It is crucial for prospective Antioch Pizza Shop franchisees to carefully review each exhibit to fully understand their rights, responsibilities, and obligations. The exhibits provide specific details that are essential for the successful development and operation of Antioch Pizza Shop franchises under the Multi-Unit Development Agreement.
By including these exhibits, Antioch Pizza Shop aims to provide transparency and clarity to potential franchisees, ensuring they have access to all the necessary information before entering into a franchise agreement. Reviewing these exhibits is a critical step in the due diligence process for anyone considering investing in an Antioch Pizza Shop franchise.