factual

Which section of the Auntie Annes Franchise Agreement is deleted for all Illinois Franchise Agreements?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

    1. Section 21.1 (Your Acknowledgements) is deleted from all Illinois Franchise Agreements.

Source: Item 22 — CONTRACTS (FDD page 106)

What This Means (2024 FDD)

According to Auntie Anne's 2024 Franchise Disclosure Document, Section 21.1, entitled 'Your Acknowledgements,' is deleted from all Illinois Franchise Agreements. This deletion is part of an addendum to the disclosure document that recognizes the requirements of the Illinois Franchise Disclosure Act of 1987.

This means that for franchisees in Illinois, the standard acknowledgements typically included in the franchise agreement are not applicable. These acknowledgements usually cover various aspects of the franchisee's understanding and acceptance of the terms and conditions, and their deletion suggests that Auntie Anne's is ensuring compliance with Illinois state laws that protect franchisees from inadvertently waiving their rights.

Prospective franchisees in Illinois should note this modification, as it could affect their rights and obligations under the agreement. It is important to carefully review the entire Illinois addendum and consult with legal counsel to fully understand the implications of this deletion and how it impacts their specific franchise agreement with Auntie Anne's.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.