Where in the Carvel Franchise Disclosure Document can I find the specific provisions of the Franchise Agreement?

According to Carvel's 2025 Franchise Disclosure Document, Item 17 provides a table summarizing important provisions within the Franchise Agreement and related agreements. This table is designed to help prospective franchisees quickly locate and understand key aspects of their contractual obligations.

The table in Item 17 includes a column labeled "Section in Franchise Agreement," which specifies the exact section number within the Franchise Agreement where each provision is detailed. For example, if you're interested in the length of the franchise term, the table indicates that this is covered in Section 2.1 of the Franchise Agreement for a standard Carvel Shoppe, and Section 20.B for Express Shoppes, Hosted Express Shoppes and Ice Cream Trucks. Similarly, information on termination by Carvel with cause can be found in Section 17 of the Franchise Agreement.

Item 17 also clarifies that "FA" refers to the Franchise Agreement, "ES" refers to the Express Schedule, "HES" refers to the Hosted Express Schedule, "ICS" refers to the Ice Cream Truck Schedule, and "CBS" refers to the Co-Branded Shoppe Schedule. This is important because the specific terms and conditions can vary depending on the type of Carvel franchise you are considering. The document explicitly advises that you should read these provisions in the agreements attached to the Disclosure Document.

Therefore, to find the specific provisions of the Franchise Agreement, a Carvel franchisee should reference the table in Item 17, which cross-references each provision with its corresponding section in the relevant agreement (Franchise Agreement, Express Schedule, Hosted Express Schedule, Ice Cream Truck Schedule, or Co-Branded Shoppe Schedule).