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What is the heading of Article 14.C in the Bang Cookies Franchise Agreement that is supplemented by the amendment?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

d and delivered this Illinois amendment to the Bang Cookies Franchise LLC Franchise Agreement and, if applicable, the Development Agreement on the same date as the Franchise Agreement and Development Agreement were, respectively, executed.

Franchisor: Franchisee: Bang Cookies Franchise LLC
Signature Signature
Name and Title (please print) Name (please print)
Dated Dated

MARYLAND FRANCHISE AND DEVELOPMENT AGREEMENT AMENDMENT

Amendments to the Bang Cookies Franchise Agreement

In recognition of the requirements of the Maryland Franchise Registration and Disclosure Law, the parties to the attached Bang Cookies Franchise LLC Franchise Agreement (the "Franchise Agreement") and, if Franchisor and Franchisee both sign the Bang Cookies Franchise LLC Multi-Unit Development Agreement (the "Development Agreement"), as follows:

    1. Article 14.C of the Franchise Agreement, under the heading "Conditions for Approval of Transfer," subarticle 14.C(6) is supplemented with the addition of the following language:
    • ; provided, however, that all rights and causes of action arising in favor of Franchisee from the provisions of the Maryland Franchise Registration and Disclosure Law and the regulations issued thereunder, shall remain in force; it being the intent of this provision that the non-waiver provisions of the Maryland Franchise Registration and Disclosure Law be satisfied.
    1. Article 15.B. of the Franchise Agreement, under the heading "Conditions for Renewal," the subarticle 15.B(8) is supplemented with the addition of the following language:
    • ; provided, however, that all rights and causes of action arising in favor of Franchisee from the provisions of the Maryland Franchise Registration and Disclosure Law and the regulations issued thereunder, shall remain in force; it being the intent of this provision that the non-waiver provisions of the Maryland Franchise Registration and Disclosure Law be satisfied.
    1. Article 18.G.

Source: Item 23 — RECEIPTS (FDD pages 56–245)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, Article 14.C of the Franchise Agreement is titled "Conditions for Approval of Transfer." This article is referenced in amendments specific to Maryland, New York, Minnesota, and Hawaii.

For franchisees in these states, sub-article 14.C(6) is supplemented to ensure that their rights and causes of action under their respective state's franchise laws remain in force. This means that the non-waiver provisions of these state laws are upheld, protecting the franchisee's legal rights regarding franchise operations, transfers, and disputes.

The inclusion of these amendments indicates that Bang Cookies acknowledges and complies with state-specific franchise regulations, providing an added layer of legal protection for franchisees in Maryland, New York, Minnesota, and Hawaii. Prospective franchisees should carefully review these state-specific amendments to understand their rights and obligations under the Franchise Agreement within the context of their state's laws.

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.