What exhibit contains the Azal Coffee Renewal Addendum to Franchise Agreement?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
If you are renewing your Azal Coffee franchise, you will sign our current standard Franchise Agreement as well as an Addendum to Franchise Agreement – Renewal ("Renewal Addendum") (see Exhibit C). The Renewal Addendum modifies some of the provisions of the standard Franchise Agreement to reflect your status as an existing franchisee.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2024 FDD)
According to Azal Coffee's 2024 Franchise Disclosure Document, the Renewal Addendum to Franchise Agreement is found in Exhibit C. This addendum is specifically for franchisees who are renewing their Azal Coffee franchise agreement.
The Renewal Addendum modifies certain provisions of the standard Franchise Agreement to reflect the franchisee's existing status. This suggests that some terms and conditions may be different for renewing franchisees compared to new franchisees.
Prospective franchisees should carefully review Exhibit C to understand the specific modifications and how they might impact their rights and obligations upon renewal. Understanding these differences is crucial for making informed decisions about renewing their Azal Coffee franchise.