What exhibit number is the Amendment for E-Commerce Platform for Apricot Lane?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
Certain franchisees may qualify to participate in the franchisor-approved e-commerce platform program (the "E-Commerce Platform Program"). Through the E-Commerce Platform Program, qualifying franchisees may sell certain fashion apparel, accessories and other merchandise to customers through the franchisor-approved e-commerce distribution channel. Qualifying franchisees will be those who are not in default under their franchise agreement(s) with us, meet our then-current criteria for participation, and submit all application and any other materials that we request, including a signed Amendment for E-Commerce Platform, the current form of which is attached to this Disclosure Document as Exhibit B-1.
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the current form of the Amendment for E-Commerce Platform is attached as Exhibit B-1. This indicates that prospective franchisees can review the specific terms and conditions of the e-commerce platform agreement as part of their due diligence.
Participating in Apricot Lane's E-Commerce Platform Program is subject to certain qualifications. Franchisees must not be in default under their franchise agreement, meet the franchisor's criteria for participation, and submit all required application materials, including the signed Amendment for E-Commerce Platform.
This exhibit is important for potential franchisees as it outlines the legal obligations, responsibilities, and potential benefits associated with participating in the E-Commerce Platform Program. Reviewing Exhibit B-1 allows franchisees to understand the requirements for using the platform to sell merchandise online and how it integrates with their overall franchise agreement.