Is the exhibit mentioned an integral part of the Batteries Plus Bulbs Franchise Agreement?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
may vary substantially from those contained in this Agreement.
The parties have signed this Agreement on the date stated in the first paragraph.
BATTERIES PLUS, L.L.C., (If Franchisee is a corporation or limited liability company) a Wisconsin limited liability company Name of corporation or limited liability company (If Franchisee is an individual owner, Franchisee must sign below; if a partnership, all partners must sign below)
EXHIBIT A TO FRANCHISE AGREEMENT
STORE LOCATION, PROTECTED AREA AND INITIAL FRANCHISE FEE
This Exhibit is attached to and is an integral part of the Batteries Plus® Franchise Agreement dated , 20 (the "Franchise Agreement"), between Franchisor and Franchisee. 1. Store Location. Franchisor and Franchisee agree that the Store will be located at the following premises: . Franchisee acknowledges that Franchisor's proposed location for a Batteries Plus® store. acceptance of a proposed location does not represent a warranty or representation of any kind as to the suitability of the 2. Protected Area. The Protected Area will be (check one): A. A radius of three (3) miles from the location of the Store; or B. population of 150,000 people. The geographic area described on the attachment to this Exhibit A that will have a residential 3. months after the date first stated above. Store Opening. Franchisee agrees to complete the development and open the Store for b
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Exhibit A, concerning the store location, protected area, and initial franchise fee, is an integral part of the Batteries Plus Bulbs Franchise Agreement. This exhibit is attached to the franchise agreement made between the franchisor and franchisee.
The exhibit outlines key details such as the specific location of the Batteries Plus Bulbs store, the defined protected area granted to the franchisee (either a radius of three miles or a residential population of 150,000), the timeframe for completing development and opening the store, and the initial franchise fee amount. These terms are critical for defining the scope and limitations of the franchisee's rights and obligations.
Additionally, the exhibit clarifies that any capitalized terms not explicitly defined within the exhibit itself will have the same meaning as provided in the overarching Franchise Agreement. This ensures consistency and avoids ambiguity in interpreting the terms of the agreement. Both the franchisor and franchisee (or its corporate entity) must sign the exhibit, acknowledging their agreement to these specific terms regarding store location, protected area, and fees.