What agreements are attached to the Apricot Lane Franchise Disclosure Document?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
The agreements used in connection with the franchise offer are attached to this Disclosure Document: Franchise Agreement (Exhibit B), Amendment for E-Commerce Platform (Exhibit B-1), State Addenda (Exhibit F), and Sample General Release (Exhibit H).
A witten Franchisee Statements Regarding Franchise Sales Process is attached as Exhibit F to the Franchise Agreement (which is FDD Exhibit B). We do not require you to verbally respond to any questionnaires or similar statements before entering into the Franchise Agreement.
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 any 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.
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, several agreements are used in connection with the franchise offer and are attached to the FDD. These include the Franchise Agreement (Exhibit B), the Amendment for E-Commerce Platform (Exhibit B-1), State Addenda (Exhibit F), and a Sample General Release (Exhibit H). Additionally, a written Franchisee Statements Regarding Franchise Sales Process is attached as Exhibit F to the Franchise Agreement, which itself is FDD Exhibit B.
Prospective franchisees should carefully review each of these documents to understand their rights and obligations. The Franchise Agreement outlines the terms and conditions of the franchise relationship, including fees, territory, and operating procedures. The Amendment for E-Commerce Platform is relevant for franchisees who wish to participate in the franchisor-approved e-commerce platform program.
The State Addenda contain modifications to the Franchise Agreement that are required by state law. These addenda can vary significantly from state to state, so it is important to review the addendum for the specific state in which the franchise will be located. The Sample General Release is a document that may be used to release Apricot Lane from certain claims in connection with the termination or transfer of the franchise.
It is also important to note that Apricot Lane does not require franchisees to verbally respond to any questionnaires or similar statements before entering into the Franchise Agreement. Furthermore, no statement, questionnaire, or acknowledgement signed by a franchisee can waive claims under state franchise law or disclaim reliance on statements made by the franchisor. This provision is designed to protect franchisees from being pressured into making statements that could harm their legal rights.