Where can I find the Effective Date and a description of the Developer as referenced in the Ben Jerrys Development Agreement?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS BEN & JERRY'S FRANCHISING, INC. DEVELOPMENT AGREEMENT (the "Agreement"), is made and entered into on the Effective Date (as set forth in Exhibit A), between BEN & JERRY'S FRANCHISING, INC., a Vermont corporation, with its principal place of business at 530 Community Drive, Suite 1, South Burlington, Vermont 05403 ("BEN & JERRY'S"), and DEVELOPER. (as described in Exhibit A).
Source: Item 23 — RECEIPTS (FDD pages 134–358)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the Development Agreement's Effective Date and a description of the Developer can be found in Exhibit A of the agreement. The Development Agreement specifies that it is made and entered into on the Effective Date, as detailed in Exhibit A, between Ben & Jerrys Franchising, Inc. and the Developer, with the Developer's description also located in Exhibit A.
This means that prospective Ben & Jerrys developers should carefully review Exhibit A to understand the specific date on which the agreement becomes effective and to fully understand the legal definition and obligations of the 'Developer' as defined by Ben & Jerrys. This is crucial for understanding the timeline of responsibilities and the legal standing of the developer within the Ben & Jerrys franchise system.
Understanding these details is essential for any potential Ben & Jerrys developer to ensure they are fully aware of their rights, responsibilities, and the overall framework of the Development Agreement. Reviewing Exhibit A will provide clarity on the commencement of the agreement and the specific role and obligations of the developer.