What is Exhibit 3 for Bor Restoration?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
BOR Franchising, LLC authorizes the respective state agencies identified in Exhibit A to receive services of process for it in the particular state.
I have received a disclosure document dated March 26, 2024, that included the following Exhibits:
EXHIBIT 4 GENERAL RELEASE
EXHIBIT I RECEIPTS
EXHIBIT 6 CONFIDENTIALITY AGREEMENT
Source: Item 23 — Receipts (FDD pages 40–202)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, the provided excerpts do not contain information regarding what Exhibit 3 is for Bor Restoration. The excerpts do mention other exhibits, such as Exhibit A, Exhibit I, Exhibit 4 (General Release), and Exhibit 6 (Confidentiality Agreement). However, there is no mention of Exhibit 3.
A prospective franchisee should ask Bor Restoration's franchisor to provide a comprehensive list of all exhibits included in the Franchise Disclosure Document, along with a brief description of each. This will ensure the franchisee has a clear understanding of all the documents and agreements they will be entering into.
Understanding the contents of each exhibit is crucial for making an informed decision about investing in a Bor Restoration franchise. Knowing what Exhibit 3 contains, specifically, will help the franchisee assess their obligations, rights, and the overall terms of the franchise agreement.