What is the agreement referred to in this section for Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
and interior design, decor, color scheme, furnishings and equipment; special ingredients, recipes and Products; the Standards; quality and uniformity of products and services offered; procedures for product sourcing, inventory, management, logistics, pricing; training and assistance; and marketing, advertising and promotional programs; all of which may be changed, improved and further developed by Franchisor from time to time.
EXHIBIT C FORM OF GENERAL RELEASE
FORM OF GENERAL RELEASE
| THIS | GENERAL | RELEASE | ("Release") | is | executed | on | by |
|---|---|---|---|---|---|---|---|
| ("[Developer/Franchisee]") and ("Guarantors") as a | |||||||
| condition of (1) transfer or renewal of the Development Agreement | dated ("Development | ||||||
| Agreement") between Developer | and Buff City Soap, LLC ("Franchisor"); and/or (2) transfer or renewal of the | ||||||
| Franchise Agreement dated ("Franchise Agreement") between Franchisee and Franchisor. | |||||||
-
- **Release by Developer /Franchisee and Guarantors.
Source: Item 18 — PUBLIC ANNOUNCEMENTS. (FDD pages 186–204)
What This Means (2025 FDD)
According to the 2025 Buff City Soap Franchise Disclosure Document, the term "Agreement" can refer to multiple agreements depending on the context. Attachment E-1 to the Confidentiality and Non-Compete Agreement defines "Agreement" as the Confidentiality and Non-Compete Agreement between the Developer and Designated Principal.
Exhibit D refers to the Non-Disclosure and Non-Use Agreement between the recipient and Buff City Soap Franchising, LLC. This agreement outlines the terms and conditions regarding confidential information shared during the exploration of a potential business relationship. It defines what constitutes confidential information, the obligations of the recipient, and the duration of these obligations.
Additionally, the document mentions a Development Agreement and a Franchise Agreement in the context of a general release. This release is executed as a condition of transferring or renewing either of these agreements between the Developer/Franchisee and Buff City Soap, LLC. Therefore, prospective franchisees should pay close attention to which specific agreement is being referenced to understand their rights and obligations fully.