What is the effect of the Maryland addendum on the other rights, obligations, and provisions of the Chem Dry Franchise Agreement?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
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- All other rights, obligations, and provisions of the Franchise Agreement shall remain in full force and effect. This Addendum is incorporated in and made a part of the Franchise Agreement for the State of Maryland.
In all other respects, the Franchise Agreement will be construed and enforced according to its terms.
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, the Maryland addendum is incorporated into and made part of the Franchise Agreement for the State of Maryland. Except for the specific amendments outlined in the addendum, all other rights, obligations, and provisions of the Franchise Agreement remain in full force and effect. This means that while the addendum modifies certain aspects of the agreement to comply with Maryland law, the rest of the agreement continues to apply as originally written.
The Maryland addendum addresses several key areas to align with Maryland statutes and regulations. These include provisions related to releases, waivers, and estoppels concerning liabilities under the Maryland Franchise Registration and Disclosure Law. It also specifies that franchisees are permitted to bring lawsuits in Maryland for claims arising under this law. Additionally, the addendum modifies or deletes certain acknowledgments and clauses within the Franchise Agreement to ensure compliance with Maryland law.
For a prospective Chem Dry franchisee in Maryland, this means that the standard Franchise Agreement is supplemented by the Maryland addendum, which takes precedence in case of any conflict with Maryland law. Franchisees should carefully review both the Franchise Agreement and the Maryland addendum to understand their rights and obligations fully. It is also important to note that the addendum is specifically designed to protect franchisees' rights under Maryland franchise law, particularly concerning liability, waivers, and the ability to bring lawsuits within the state.