What is the document referred to as in the Aw franchise agreement?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
In this Agreement, we refer to Rayyan Pizza Franchise LLC as "we", "us" or the "Company." We refer to you as "you" or "Franchisee." If you are a corporation, limited liability company or a partnership, you will notice certain provisions that are applicable to your shareholders, members or partners on whose business skill, financial capability and personal character we are relying in entering into this Agreement. Those individuals will be referred to in this Agreement as "Owners."
Through the expenditure of considerable time, effort and money, we and our affiliates have developed a unique system for the establishment and operation of restaurants called "Papa Ray's Pizza & Wings" (referred to in this Agreement as "Papa Ray's Pizza Restaurants"), which sell pizza, wings, rib tips, calzone wraps, salads, appetizers and related food and beverage items for on-premises dining, carry-out and delivery in conjunction with distinctive business formats, signs, equipment, layouts, systems, methods, procedures, designs and advertising (all of which we refer to in this Agreement as "the System"). We identify the System by the use of certain trademarks, service marks and other commercial symbols, including the service mark "Papa Ray's Pizza & Wings" and certain associated designs, artwork and logos, which we may change or add to from time to time (collectively, the "Marks").
We grant to persons who meet our qualifications and who are willing to undertake the investment and effort necessary a franchise to own, establish and operate a Papa Ray's Pizza Restaurant in accordance with the System. This Franchise Agreement is being presented to you because of the desire you have expressed to obtain the right to develop, own and be franchised to operate a Papa Ray's Pizza Restaurant.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to the 2025 Aw Franchise Disclosure Document, the franchise agreement is referred to as the "Franchise Agreement." The document outlines the rights, obligations, and terms under which a franchisee can operate an Aw restaurant. The agreement is presented to potential franchisees who have expressed interest in obtaining the right to develop, own, and operate a Papa Ray's Pizza Restaurant.
The Franchise Agreement grants the franchisee the right to operate a restaurant using Aw's marks and system for a term of ten years, commencing on the agreement date. The agreement emphasizes the franchisee's obligation to operate the Papa Ray's Pizza Restaurant, fulfill the agreement's requirements, and continuously promote the restaurant to maximize the distribution of products and services within their protected territory.
Several sections within the agreement cover critical aspects such as the grant of the franchise, the term, performance expectations, and protected area provisions. The agreement also includes exhibits and attachments, such as Exhibit 1 for specifying the exact location and protected area, and Exhibit 2 for the Guaranty and Assumption of Obligations. Additionally, if the franchisee is in a state that requires it, Exhibit F contains a state addendum describing specific state laws or regulations that may supersede the main agreement.