What is the definition of 'independent arbitrator' in the context of the Better Blend franchise agreement?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
If all or any portion of the covenants in this Section is held to be unenforceable or unreasonable by any arbitrator or court, then the parties intend that the arbitrator or court modify such restriction to the e
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
I am unable to provide a definition of 'independent arbitrator' based on the excerpts from Better Blend's 2024 Franchise Disclosure Document. While the term 'arbitrator' is mentioned in the context of dispute resolution and the modification of covenants, the FDD excerpts do not include an explicit definition or specific qualifications for an arbitrator to be considered independent. A prospective franchisee should ask Better Blend for clarification on what criteria or standards are used to ensure the independence and impartiality of any arbitrator involved in resolving disputes related to the franchise agreement.