What specific clause in the Confidentiality Agreement is deleted and replaced by this Rider for Budget prospective licensees?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2. | Injunctive Relief . The second sentence of Paragraph 5 of the Confidentiality is deleted in its entirety and the following is substituted in its place: | | Agreement | DGET will be entitled to seek injunctive relief without bond to enjoin any all or threatened conduct in violation of this Agreement." | 3. | Law and Jurisdiction . The following language is added to the end of of the Confidentiality Agreement: | | Paragraph 7 | | | shall | rsuant to Minn. Stat. '80C.21 and Minn. Rule Part 2860.4400J, this section I not in any way abrogate or reduce PROSPECTIVE LICENSEE's rights as rided in Minnesota Statutes, 1984, Chapter 80C, including any right to submit ters to the jurisdiction of the courts of Minnesota." | prov | |
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, for prospective licensees in Illinois, the second sentence of Paragraph 5 of the Confidentiality Agreement, which addresses injunctive relief, is deleted in its entirety and replaced. The new sentence states that Budget is entitled to seek injunctive relief without bond to stop any conduct violating the agreement.
Additionally, for Illinois licensees, language is added to the end of Paragraph 7 of the Confidentiality Agreement, concerning law and jurisdiction. This addition specifies that the section does not reduce the prospective licensee's rights under Minnesota Statutes, Chapter 80C, including the right to submit matters to Minnesota courts.
These modifications appear to be specific to Illinois franchisees, likely due to state-specific franchise laws. Prospective Budget franchisees should carefully review these changes with legal counsel to understand their rights and obligations, particularly regarding injunctive relief and jurisdictional matters.