What is Exhibit 2 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 H APPLICATION
EXHIBIT 4 GENERAL RELEASE
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 explicitly state what Exhibit 2 is for Bor Restoration. The excerpts do mention several exhibits, including Exhibit A (related to state agencies for service of process), Exhibit H (Application), Exhibit 4 (General Release), and Exhibit 6 (Confidentiality Agreement).
Because the FDD excerpts do not list all exhibits, a prospective Bor Restoration franchisee should carefully review the full FDD to identify Exhibit 2 and understand its contents. This is important because exhibits often contain critical details about the franchise agreement, such as financial statements, lists of existing franchisees, or specific obligations of the franchisee or franchisor.
To gain a comprehensive understanding, a potential franchisee should ask Bor Restoration's franchise representatives for a complete list of exhibits and request clarification on any exhibits that are unclear. Understanding all exhibits is a crucial part of due diligence before investing in a Bor Restoration franchise.