factual

Under what circumstances is the Addendum to the Bumper Man Franchise Agreement executed?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

n, Inc., 1432 Airport Blvd, Mesquite, TX, 75181. Capitalized terms not defined in this Exhibit E have the meanings set forth in the Agreement.

Garage Liability Insurance

Garage Liability Insurance policy with a minimum each occurrence policy limit of $1,000,000.

Garage Keepers Insurance

Garage Keepers Insurance policy with a required limit per vehicle of $50,000.

Commercial Vehicle Insurance

Commercial Vehicle Insurance policy with a combined single policy limit of $500,000.

EXHIBIT F TO FRANCHISE AGREEMENT CERTIFIED TECHNICIAN ADDENDUM

CERTIFIED TECHNICIAN ADDENDUM TO BUMPER MAN FRANCHISE AGREEMENT

This Certified Technician Addendum to Bumper Man Franchise Agreement ("Addendum") is effective as of, 20 (the "Effective Date") by and among Bumper Man, Inc. ("Franchisor"), and ("Franchisee"), ("Principal") and ("Certified Technician"). Franchisor, Franchisee, Principal and Certified Technician are collectively referred to as "Parties" in this Addendum.
1.
INTRODUCTION. Franchisor and Franchisee are parties to the Bumper Man Franchise
Agreement dated, 20 (the "Franchise Agreement") pursuant to which Franchisee
operates
a
Bumper
Man
bumper
repair
business
at
("Bumper Business").
Franchisee has
requested Franchisor's consent to retain the services of a Certified Technician to perform
services within the Designated Area on, 20 ("Commencement Date") to maximize
the number of customers serviced by the Bumper Business.
2.
DEFINITIONS.
All capitalized terms used herein but not defined shall have the
meaning given to such terms in the Franchise Agreement.
3.
CONDITIONS FOR APPROVAL. Franchisor will grant the limited right to Certified
Technician to perform the services in the Designated Area during the Term of the Franchise
Agreement (unless terminated in accordance with Section 18), as further set forth in Section 4 of
this Addendum, subject to Franchisee's and Certified Technician's satisfaction of the conditions
set forth in this Section 3 prior to or concurrently with the proposed Commencement Date:
(a)
Franchisee and its Principals have paid all Continuing Service Fees and all other amounts
owed to Franchisor and its Affiliates, submitted all required Reports and other statements
and data and otherwise are in full compliance with this Agreement as of the date of
Franchisee's
request
for
approval
of
the
Certified
Technician
and
as
of
the
Commencement Date.
(b)
The proposed Certified Technician: (1) has sufficient business experience, aptitude,
assets and financial resources to operate the Bumper Business;

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to the 2025 Bumper Man Franchise Disclosure Document, there are several addenda that may be executed depending on the circumstances. One addendum, the Certified Technician Addendum, is executed when a franchisee requests Bumper Man's consent to retain a certified technician to perform services within the designated area to maximize the number of customers serviced by the Bumper Business. This addendum is effective as of a specific date agreed upon by Bumper Man, the franchisee, the principal, and the certified technician.

Other addenda are executed pursuant to specific state franchise laws. For example, if the offer or sale of the franchise was made in Maryland, if the franchisee is a resident of Maryland, and/or if the Bumper Business will be operated in Maryland, an addendum to the franchise agreement pursuant to the Maryland Franchise Registration and Disclosure Law is executed. Similarly, there are addenda for Illinois and Rhode Island, triggered by offering or selling a franchise in those states, franchisee residency, or the Bumper Business location.

These addenda modify specific sections of the standard Bumper Man Franchise Agreement to ensure compliance with state laws. For example, the Maryland addendum supplements sections of the agreement related to releases, termination, legal actions, and waivers to align with Maryland franchise law. The Illinois addendum modifies sections regarding default, termination, governing law, and stipulations to comply with the Illinois Franchise Disclosure Act. The Rhode Island addendum addresses restrictions on jurisdiction, venue, and the application of other states' laws, as prohibited by the Rhode Island Franchise Investment Act. These addenda are integral parts of the Franchise Agreement and are incorporated into it to ensure compliance with local regulations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.