Where can a Bang Cookies franchisee find the Annex to Executive Order 13244?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee further certifies that Franchisee and each Owner are not listed on the Annex to Executive Order 13244 (the Annex is available at http://www.treasury.gov) and will not become so listed, hire any person so listed, or have dealings with any person so listed.
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, the Annex to Executive Order 13244 is available online. Specifically, the FDD indicates that the Annex can be found at the website http://www.treasury.gov.
This is important for prospective franchisees because the franchise agreement requires them, and their owners, to certify that they are not listed on the Annex to Executive Order 13244. They must also agree not to hire anyone listed or have dealings with anyone listed. This certification is part of Bang Cookies's compliance with anti-terrorism laws.
Failure to comply with these anti-terrorism laws, or becoming listed on the Annex, could result in the immediate termination of the franchise agreement by Bang Cookies without prior notice. Therefore, it is crucial for franchisees to understand and adhere to these requirements.