factual

What does the Casiola Franchise Agreement amendment state regarding waiver of rights conferred upon the franchisee by New York General Business Law Sections 680-695?

Casiola Franchise · 2024 FDD

Answer from 2024 FDD Document

made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

[SIGNATURE PAGE TO FOLLOW]

IN WITNESS WHEREOF, the parties have duly executed and delivered this Minnesota State amendment to Casiola Franchise LLC Franchise Agreement on the same date as the Franchise Agreement was executed.

Franchisor: Casiola Franchise LLC Franchisee:
By: Signature
Signature
Name and Title (please print) Name (please print)
Dated Dated

NEW YORK FRANCHISE AGREEMENT AMENDMENT

Amendments to the Casiola Franchise Agreement:

In recognition of the requirements of the New York General Business Law, Article 33, Sections 680 through 695, and of the regulations promulgated thereunder (N.Y. Comp. Code R. & Regs., tit. 13, §§ 200.1 through 201.16), the parties to the attached Casiola Franchise LLC Franchise Agreement (the "Franchise Agreement"):

    1. Under Article 14.C. of the Franchise Agreement, under the heading "Conditions for Approval of Transfer," the subarticle 14.C.(6) is supplemented with the addition of the following language:
    • ; provided, however, that all rights and causes of action arising in favor of Franchisee from the provisions of New York General Business Law Sections 680-695 and the regulations issued thereunder, shall remain in force; it being the intent of this provision that the non-waiver provisions of N.Y. Gen. Bus. Law Sections 687.4 and 687.5 be satisfied.
    1. Under Article 15.B. of the Franchise Agreement, under the heading "Conditions for Renewal," the subarticle 15.B.(8) is supplemented with the addition of the following language:
    • ; provided, however, that all rights and causes of action arising in favor of Franchisee from the provisions of New York General Business Law Sections 680-695 and the regulations issued thereunder, shall remain in force; it being the intent of this provision that the non-waiver provisions of N.Y. Gen. Bus. Law Sections 687.4 and 687.5 be satisfied.
    1. Article 18 of the Franchise Agreement and, under the heading "Enforcement and Construction," shall be supplemented by the addition of the following new subarticle 18.Z. to the Franchise Agreement:
    • Nothing in this Agreement should be considered a waiver of any right conferred upon franchisee by New York General Business Law, Sections 680-695.
    1. There are circumstances in which an offering made by Casiola Franchise LLC would not fall within the scope of the New York General Business Law, Article 33, such as when the offer and acceptance occurred outside the State of New York. However, an offer or sale is deemed made in New York if you are domiciled in New York or the Outlet will be opening in New York. Casiola Franchise LLC is required to furnish a New York prospectus to every prospective franchisee who is protected under the New York General Business Law, Article 33.
    1. Each provision of this amendment shall be effective only to the extent, with respect to such provision, that the jurisdictional requirements of the New York General Business Law, are met independently without reference to this amendment.

Source: Item 23 — RECEIPTS (FDD pages 47–209)

What This Means (2024 FDD)

According to Casiola's 2024 Franchise Disclosure Document, the New York Franchise Agreement Amendment addresses the franchisee's rights under New York General Business Law Sections 680-695. The amendment ensures that the franchisee does not waive any rights conferred by these sections of the law.

Specifically, the amendment supplements Article 14.C.(6) regarding "Conditions for Approval of Transfer" and Article 15.B.(8) regarding "Conditions for Renewal" of the Franchise Agreement. In both cases, the added language clarifies that all rights and causes of action arising in favor of the franchisee from the provisions of New York General Business Law Sections 680-695 and related regulations remain in effect. The intent is to satisfy the non-waiver provisions of N.Y. Gen. Bus. Law Sections 687.4 and 687.5.

Additionally, Article 18 of the Franchise Agreement, under the heading "Enforcement and Construction," is supplemented by a new subarticle 18.Z., which explicitly states that nothing in the agreement should be considered a waiver of any right conferred upon the franchisee by New York General Business Law, Sections 680-695. This reinforces the franchisee's protections under New York law. The FDD also clarifies that these provisions are effective only to the extent that the jurisdictional requirements of the New York General Business Law are met independently, without relying on the amendment itself.

Furthermore, the amendment states that no statement, questionnaire, or acknowledgement signed by a franchisee shall waive claims under any applicable state franchise law, including fraud in the inducement, or disclaim reliance on any statement made by Casiola or its representatives. This provision supersedes any other conflicting term in any document related to the franchise agreement, providing additional protection for the franchisee.

Disclaimer: This information is extracted from the 2024 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.