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If a Bang Cookies franchisee executes a Development Agreement, which article addresses limitations of claims?

Q: If a Bang Cookies franchisee executes a Development Agreement, which article addresses limitations of claims?

- 4. Article 18.I. of the Franchise Agreement and, if Franchisee executes a Development Agreement, Article 7.8 of the Development Agreement, under the heading "Limitations of Claims," shall be amended by the addition of the following statement added to Article 18.I. of the Franchise Agreement and Article 7.8 of the Development Agreement: Source: Item 23 — RECEIPTS (FDD pages 56–245)

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

1. Article 18.I. of the Franchise Agreement and, if Franchisee executes a Development Agreement, Article 7.8 of the Development Agreement, under the heading "Limitations of Claims," shall be amended by the addition of the following statement added to Article 18.I. of the Franchise Agreement and Article 7.8 of the Development Agreement:

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

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, Article 7.8 of the Development Agreement addresses the limitations of claims, if the franchisee executes a Development Agreement in Maryland. Specifically, this article is amended to include a statement regarding limitations of claims, in conjunction with Article 18.I of the Franchise Agreement.

This amendment ensures that any limitations on claims are clearly defined within the legal framework of the agreement, particularly concerning the Maryland Franchise Registration and Disclosure Law. This is important for franchisees as it clarifies their rights and potential restrictions regarding legal claims they might bring against Bang Cookies.

Prospective Bang Cookies franchisees should carefully review Article 7.8 of the Development Agreement and Article 18.I of the Franchise Agreement, along with the full Maryland amendment, to understand the scope and limitations of their legal rights. Consulting with an attorney is advisable to fully grasp the implications of these clauses.

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.

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