Where will arbitration and mediation proceedings be conducted for Chem Dry franchises in North Dakota?

According to Chem Dry's 2024 Franchise Disclosure Document, for franchises sold in North Dakota, the location of arbitration and mediation proceedings will be at a site agreeable to all parties involved. This amendment is specifically for franchise agreements in North Dakota, superseding the standard terms in Section 17 of the Franchise Agreement. This means that Chem Dry franchisees in North Dakota have the opportunity to negotiate a mutually acceptable location for these proceedings, rather than being bound by a pre-determined location that might be unfavorable or inconvenient.

This provision offers a degree of flexibility and protection for franchisees in North Dakota, as it ensures that the location of arbitration and mediation is not unilaterally dictated by Chem Dry. It allows franchisees to advocate for a location that is more convenient or cost-effective for them. This could potentially reduce travel expenses and other logistical challenges associated with dispute resolution.

It is important for prospective Chem Dry franchisees in North Dakota to understand this addendum and its implications. While the amendment provides for a mutually agreeable site, it does not guarantee that an agreement will be easily reached. Franchisees should be prepared to negotiate and potentially compromise on the location to avoid impasses. If an agreement cannot be reached, it is unclear from the FDD how the location would then be determined, so prospective franchisees should seek clarification from Chem Dry on this point.