factual

Which section of the Best Brains Franchise Agreement is deleted?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 10.E. Punitive Damages Waiver. Section 10.E. of the Franchise Agreement is deleted. The following is added to the Franchise Agreement:

"No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise."

Schedule 5 STATE ADDENDA TO THE FRANCHISE AGREEMENT

CALIFORNIA ADDENDUM TO THE FRANCHISE AGREEMENT

    1. Section 7.B. is deleted and in its place is substituted the following:
    • 7.B.1 Termination by Us Without Right to Cure. We may terminate this Agreement without notice and the opportunity to cure for any of the following reasons:

Source: Item 23 — RECEIPTS (FDD pages 42–190)

What This Means (2025 FDD)

According to the 2025 Best Brains Franchise Disclosure Document, Section 10.E, regarding Punitive Damages Waiver, of the Franchise Agreement is deleted. In its place, the following is added to the Franchise Agreement: No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

This means that franchisees are not required to waive any claims under any applicable state franchise law, including fraud in the inducement. Franchisees are also not required to disclaim reliance on any statement made by Best Brains, franchise seller, or other person acting on behalf of Best Brains. This provision supersedes any other term of any document executed in connection with the franchise.

In the California Addendum to the Franchise Agreement, Section 7.B. is deleted and in its place is substituted the following: We may terminate this Agreement without notice and the opportunity to cure for any of the reasons listed in (a), (b), and (c).

Disclaimer: This information is extracted from the 2025 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.