factual

Where in the Casiola Franchise Agreement can I find the definition of 'Supplemental Training Fee'?

Casiola Franchise · 2024 FDD

Answer from 2024 FDD Document

the cost of transportation, lodging, meals and any salaries and other wages.

  • (3) Franchisee shall pay all costs and expenses incurred by Franchisee and, those attending training on behalf of Franchisee, in connection with Franchisee's participation in all Training Programs and, satisfaction of Franchisee's Training Program obligations as designated by Franchisor.
  • (4) Subject to Franchisor's approval and agreement, Franchisor may offer supplemental training within Franchisee's Operating Market or as elected by Franchisor, remotely through online web based conferencing (hereinafter referred to as "Supplemental Training"). Franchisor, in Franchisor's Reasonable Business Judgment, reserves the right to reject or approve of any request by Franchisee for Supplemental Training. If Franchisor does agree to offer and provide Supplemental Training, Franchisee shall pay to Franchisor a supplemental training fee at the rate of $750 per trainer per day plus, if applicable, reimbursement of travel and hotel accommodation expenses incurred by Franchisor (the "Supplemental Training Fee"). Franchisee agrees that in each instance where Franchisee hires a new Operating Manager, and/or Franchisor, in Franchisor's Reasonable Business Judgment, determines that Franchisee is not satisfying and/or meeting Franchisor's operational standards, then Franchisor may require that Franchisee, and/or, as applicable, Franchisee's Operating Manager participate in, and successfully complete, Supplemental Training pay the Supplemental Training Fees designated by Franchisor. Supplemental Training Fees shall be pre-paid in advance of training and upon submission of invoice by Franchisor to Franchisee.
  • (5) Franchisor, in Franchisor's Reasonable Business J

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

What This Means (2024 FDD)

According to Casiola's 2024 Franchise Disclosure Document, Article 4.A, titled "INITIAL TRAINING, SUPPLEMENTAL TRAINING AND SYSTEM-WIDE TRAINING" of the Franchise Agreement discusses supplemental training. Specifically, it states that if Casiola agrees to offer supplemental training, the franchisee must pay a "supplemental training fee at the rate of $750 per trainer per day plus, if applicable, reimbursement of travel and hotel accommodation expenses incurred by Franchisor." This fee is referred to as the "Supplemental Training Fee".

Casiola reserves the right to approve or reject any request for supplemental training. If a franchisee hires a new Operating Manager, or if Casiola determines that the franchisee isn't meeting operational standards, Casiola may require the franchisee or their Operating Manager to participate in and complete supplemental training, and to pay the associated Supplemental Training Fees. These fees must be prepaid upon submission of an invoice from Casiola.

Furthermore, Casiola must approve all individuals attending the Training Program and Supplemental Training programs. Participants must qualify as either an Owner or Operating Manager and must have executed the Owner Agreement and Guaranty or the Confidentiality Agreement before training.

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.