According to Chatime, does the definition of 'Agreement' include schedules or annexures?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
It is Agreed
Definitions and Interpretation
1.1 Definitions
The following words have these meanings in this Agreement unless the contrary intention appears:
- (1) Affiliate means any Person that directly or indirectly Controls, that is directly or indirectly Controlled by, or that is under Common Control or Controlling Interest with, a specified Person.
- (2) Agency means any governmental entity or agency.
- (3) Agreement means this document, including any schedule or annexure to it.
- (4) Alternative Methods of Distribution means any alternative distribution methods or channels (such as sales to grocery stores, sales via direct mail, subscriptions, or the internet, or other alternative distribution methods or channels.
- (5) Approved Supplier means Franchisor or a supplier or suppliers approved in writing by Franchisor for the supply of Products and equipment to Franchisee.
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the term 'Agreement' encompasses the main document along with any schedules or annexures attached to it. This definition is important for prospective franchisees as it clarifies the scope of the contractual obligations and rights. Any schedules or annexures are legally binding components of the agreement.
This means that franchisees must carefully review all schedules and annexures in addition to the main body of the franchise agreement. These attachments may contain critical details about specific obligations, territories, fees, or operational requirements. For example, schedules might detail the development area, development fees, or the owners of the franchise.
By explicitly including schedules and annexures in the definition of 'Agreement', Chatime ensures that all components of the contractual arrangement are considered part of the legally binding agreement. Franchisees should seek legal counsel to fully understand the implications of all documents included within the agreement, including any referenced schedules or annexures.