What exhibits are included in the Chem Dry Franchise Agreement?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT C SOFTWARE LICENSE AGREEMENT
EXHIBIT D CONSOLIDATED OFFICE AGREEMENT
EXHIBIT E STATE ADDENDUM
EXHIBIT F RELEASE
EXHIBIT G SOFTWARE LICENSE AGREEMENT
EXHIBIT H COLLATERAL ASSIGNMENT OF LEASE
Source: Item 23 — Receipts (FDD pages 68–264)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, several exhibits are included as part of the agreement. These exhibits cover various aspects of the franchise relationship, providing detailed information and legal terms.
The exhibits include Exhibit C, which is the Software License Agreement, outlining the terms for using Chem Dry's proprietary software. Exhibit D is the Consolidated Office Agreement, which likely details the operational and administrative requirements for franchisees. Exhibit E is the State Addendum, which includes state-specific legal requirements and modifications to the standard franchise agreement. Exhibit F is the Release, which likely covers liability waivers and releases. Exhibit G is another Software License Agreement, possibly for a different software component or a prior version. Finally, Exhibit H is the Collateral Assignment of Lease, which pertains to the assignment of the lease agreement as collateral.
Prospective Chem Dry franchisees should carefully review each of these exhibits to fully understand their rights, obligations, and the legal framework governing their franchise. Understanding these documents is crucial before signing the franchise agreement to ensure compliance and avoid potential disputes.