Where can I find the Development Agreement for Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
| w. | Choice of law | 26(b) | Texas law applies (subject to state law). Your local law may supersede this provision. See the Disclosure Document Addenda for Certain States at Exhibit E. |
Development Agreement
The following table lists certain important provisions of the Development Agreement. You should read these provisions in that agreement attached as Exhibit B to this Disclosure Document.
| Provision | Section in Development Agreement | Summary | |
|---|---|---|---|
| a. | Length of the franchise term | 3(a) and Exhibit A | The Development Term expires on the earlier of the expiration date stated in the Summary Page of the Development Agreement or the date on which you open the required cumulative number of Makeries in the Territory. |
| b. | Renewal or extension | N/A | You may not renew the Development Agreement. |
| of the term | |||
| c. | Requirements for you | N/A | Not Applicable. |
| to renew or extend | |||
| Provision | Section | Summary | |
| in | |||
| Development | |||
| Agreement | |||
| ---- | --------------------------------------------------------- | ------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| d. | Termination by you | N/A | You |
| may terminate under any grounds permitted by | |||
| applicable | |||
| law. | |||
| e. | Termination | N/A | Not Applicable. |
| by | |||
| us | |||
| Without cause | |||
| f. | Termination by us with cause | 12 | We may terminate your Development Agreement only if you default or fail to comply with your obligations under the Development Agreement or if a Franchise Agreement between us and you or your affiliate is terminated. |
| g. | "Cause" defined - curable defaults | 12(a) | Curable defaults include 30 days to cure failure to comply with the Development Schedule during any Development Period; five days to cure any failure to make payments owed to us; and 30 days for failure to comply with any other material provision of the Development Agreement (other than the defaults listed in Paragraph 17.h. below). |
| h. | "Cause" defined - non curable defaults | 12(a), 12(b), 12(c) and 12(d) | Except as prohibited under state law, non-curable defaults include bankruptcy or insolvency (our right to terminate may not be enforceable under bankruptcy law); material misrepresentation or omission by you or your principals or affiliates that negatively affect us; you or your principals or affiliates being held liable or convicted of a felony, indictable offense or other unlawful act or you or your principals or affiliates engaging in any dishonest or unethical conduct or act that may materially or adversely affect the Brand, the System or goodwill associated with the Marks; any unauthorized transfer pursuant to Section 11 by you or any of your principals or affiliates; any unauthorized disclosure or use of our Confidential Information, the Manuals, the Marks; or our Trade Secrets; any failure by you, your principals or your Designated Principal to comply with the representations, warranties and covenants in the Development Agreement; termination by us of any Franchise Agreement with you or any of your affiliates; failure to pay any taxes applicable to the operation of your business under the Development Agreement, absent a good faith dispute; three or more defaults within 12-month period, regardless of whether corrected after notice of such failure; and failure to comply with applicable law. |
| i. | Your obligations on termination/non renewal | 13 | Obligations include ceasing development of BCS Makeries; payment of all amounts owed to us (including without limitation a lump sum payment of liquidated damages, described in Item 6); |
Source: Item 16 — Restrictions on What the Franchisee May Sell (FDD pages 49–59)
What This Means (2025 FDD)
According to Buff City Soap's 2025 Franchise Disclosure Document, specific sections within the Development Agreement are referenced in Item 16, which discusses restrictions on what a franchisee may sell. The table within this item outlines various provisions and their corresponding sections in the Development Agreement.
For instance, the length of the franchise term is detailed in Section 3(a) and Exhibit A of the Development Agreement. Termination by Buff City Soap with cause is covered in Section 12, while curable defaults are defined in Section 12(a), and non-curable defaults are outlined in Sections 12(a), 12(b), 12(c), and 12(d). A franchisee's obligations upon termination or non-renewal are described in Section 13, assignment conditions are in Section 11(a), the definition of 'transfer' is in Section 1, and the franchisor's approval of transfer by the franchisee is in Section 11(b).
Therefore, while the entirety of the Development Agreement is not included in Item 16, this section provides a roadmap to find specific clauses within the agreement related to term length, termination conditions, obligations, and transfer rights. A prospective franchisee should carefully review these sections within the full Development Agreement to understand their rights and responsibilities.