Does Bor Restoration include state addenda as an exhibit?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
| Exhibit A. | List of State Agencies/Agents for Service | e of Process |
|---|---|---|
| Exhibit B. | Franchise Agreement | |
| Exhibit C. | Table of Contents | |
| Exhibit D. | Current Franchisees and Franchisees that | t Have Left the System |
| Exhibit E. | Trademark Specific Franchisee Associati Independent Franchisee Associations | ions and |
| Exhibit F. | State Specific Addenda |
Source: Item 23 — Receipts (FDD pages 40–202)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, Exhibit F is "State Specific Addenda." This indicates that the FDD includes state-specific addenda as an exhibit.
State addenda are crucial for franchisees because they outline modifications to the standard franchise agreement required by specific state laws. These addenda can cover a range of topics, including franchise registration and disclosure laws, dispute resolution processes, and franchisee rights.
Prospective Bor Restoration franchisees should carefully review any state addenda applicable to their state to understand their rights and obligations under the franchise agreement as modified by state law. This ensures compliance and awareness of any legal nuances specific to their operating location.