In the Batteries Plus Bulbs Franchise Agreement, what exhibit contains the Franchise Agreement?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
that the Franchise Agreement attached as Exhibit D is the current form of Franchise Agreement and Franchisor, at its discretion, may modify the standard form of Franchise Agreement customarily used in granting a Batteries Plus® franchise; provided, that the initial franchise fee and royalty and service fees will remain at the same rate as provided in the Franchise Agreement attached as Exhibit D.
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, the Franchise Agreement is attached as Exhibit D. Specifically, Exhibit D represents the current form of the Franchise Agreement that Batteries Plus Bulbs uses.
It is important to note that Batteries Plus Bulbs retains the discretion to modify the standard form of the Franchise Agreement. However, the initial franchise fee, royalty fees, and service fees will remain at the same rate as provided in Exhibit D.
For a prospective franchisee, this means that while the core financial terms are protected, other aspects of the agreement could change. It would be prudent for a potential franchisee to carefully review Exhibit D and discuss any potential modifications with Batteries Plus Bulbs during their due diligence.