In the C3 Wellness Spa receipt form, whose signatures are required?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
C3 Wellness SITE SELECTION ACKNOWLEDGMENT
(THIS DOCUMENT DOES NOT CONSTITUTE THE APPROVAL OF A SPA LOCATION, DOES NOT GRANT OR DESIGNATE AN OPERATING TERRITORY AND DOES NOT GRANT ANY TERRITORIAL RIGHTS)
any third party the license or right to establish an C3 Wellness area constituting the Site Selection Area, as such term is defined in the Franchise Agreement: Pursuant to and subject to the terms of the Franchise Agreement dated by and between Aryes Franchising LLC, as Franchisor, and, as Franchisee (the "Franchise Agreement"), Franchisee has identified a potential area in which Franchisee may seek to identify a potential spa for Franchisee's C3 Wellness. Based on Franchisee's request, Franchisor agrees that during the limited period of time that commences on the Site Selection Acknowledgment Date and automatically expires 60 calendar days after the Site Selection Acknowledgment Date, that Franchisor shall not grant to Location within the following geographic Site Selection Area: [Must be completed by Franchisor] Franchise Agreement including, but not limited to Article 1 LOCATION AND DOES NOT AFFORD FRANCHISEE ANY TERRITORIAL RIGHTS. The terms contained in this Site Selection Acknowledgment shall have the meaning set forth in the and Article 2 of the Franchise Agreement. In the event of any inconsistency or conflict between this Site Selection Acknowledgment and the terms of the Franchise Agreement, the terms of the Franchise Agreement shall take precedence and govern. If Franchisor does not complete the Site Selection Acknowledgment Date and sign this Site Selection Acknowledgment, then this Site Select Addendum shall not be effective and there shall be no Site Selection Area. As set forth in the Franchise Agreement, among other things, A SITE SELECTION AREA IS NOT AN OPERATING TERRITORY, DOES NOT CONSTITUTE THE APPROVAL AS TO ANY SPA Aryes Franchising LLC Name and Title Name (please print) Name (please print)
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
The 2024 C3 Wellness Spa Franchise Disclosure Document describes a Site Selection Acknowledgment form that requires signatures from both the franchisor, Aryes Franchising LLC, and the franchisee. This form serves as an agreement that, for a limited time, the franchisor will not grant another franchise location within a specific geographic area identified by the franchisee.
The Site Selection Acknowledgment does not grant any territorial rights to the franchisee, nor does it guarantee approval of a specific spa location. It merely provides a temporary period for the franchisee to explore potential locations without direct competition from another C3 Wellness Spa franchise in the same area.
It's important to note that if the franchisor does not complete the Site Selection Acknowledgment Date and sign the form, the addendum is not effective, and no Site Selection Area is established. In case of any conflict between the Site Selection Acknowledgment and the Franchise Agreement, the terms of the Franchise Agreement will take precedence.