Does the Auntie Annes franchise agreement state that it includes all schedules and amendments?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
THIS FRANCHISE AGREEMENT (this "Agreement") is made and entered into as of the date specified in Schedule A (the "Effective Date") (Schedule A and all appendices and schedules attached to this Agreement are hereby incorporated by this reference) between the franchisor specified in Schedule A ("Franchisor," "we," "us," or "our") and the franchisee specified in Schedule A ("Franchisee," "you," or "your").
Source: Item 22 — CONTRACTS (FDD page 106)
What This Means (2024 FDD)
According to Auntie Anne's 2024 Franchise Disclosure Document, the franchise agreement includes all appendices and schedules attached to the agreement. Specifically, the Franchise Agreement states that Schedule A and all appendices and schedules attached to the agreement are incorporated by reference. This means that these documents are legally part of the franchise agreement.
This incorporation is significant for a prospective franchisee because it means that the terms outlined in these schedules and appendices are just as binding as the terms in the main body of the franchise agreement. Franchisees must carefully review all schedules and appendices, such as Schedule A which contains franchise-specific terms, to fully understand their obligations and rights.
It is common practice in franchising to include schedules and addenda as part of the franchise agreement. These attachments often contain specific details that apply to individual franchisees or address state-specific legal requirements. Therefore, franchisees should pay close attention to these incorporated documents to ensure they are aware of all the terms and conditions of their franchise agreement with Auntie Anne's.