What is the name of the agreement that allows a Baya Bar franchisee to conduct internet-based advertising?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
WHEREAS, Franchisee desires to enter into a franchise agreement with Franchisor for a Baya Bar business ("Franchise Agreement") which will allow Franchisee to conduct internet-based advertising, maintain social media accounts, and use telephone listings linked to the Baya Bar brand.
WHEREAS, Franchisor would not enter into the Franchise Agreement without Franchisee's agreement to enter into, comply with, and be bound by all the terms and provisions of this Agreement;
NOW, THEREFORE, for and in consideration of the foregoing and the mutual promises and covenants contained herein, and in further consideration of the Franchise Agreement and the mutual promises and covenants contained therein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, the agreement that allows a franchisee to conduct internet-based advertising is the Franchise Agreement. The document states that the franchisee desires to enter into a franchise agreement with the franchisor for a Baya Bar business, which will allow the franchisee to conduct internet-based advertising, maintain social media accounts, and use telephone listings linked to the Baya Bar brand. The franchisor would not enter into the Franchise Agreement without the franchisee's agreement to comply with all the terms and provisions of this agreement.