factual

How much advance notice must Chicken Guy be given for Regional Co-op meetings?

Chicken_Guy Franchise · 2025 FDD

Answer from 2025 FDD Document

Chicken Guy always shall be a member of the Regional Co-op and be entitled to attend and fully participate in Regional Co-op meetings, but Chicken Guy shall not have a vote unless it or its affiliates operates Chicken Guy! Restaurants in the area covered by the Regional Co-op. Chicken Guy shall be given at least 3 days' prior written notice of Regional Co-op meetings. If the members of the Regional Co-op are unable or fail to determine the manner in which Regional Co-op monies should be spent, Chicken Guy may assume this decision making authority following 10 days' advance written notice to the members of the Regional Co-op.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Chicken Guy's 2025 Franchise Disclosure Document, Chicken Guy must receive at least 3 days' prior written notice before any Regional Co-op meetings. This requirement ensures that Chicken Guy has adequate time to prepare for and attend these meetings.

Chicken Guy's involvement in the Regional Co-op is significant. The document states that Chicken Guy is always a member and is entitled to attend and fully participate in the meetings. However, Chicken Guy only gets a vote if it or its affiliates operate Chicken Guy restaurants in the area covered by the co-op. This structure allows Chicken Guy to stay informed and contribute to the co-op's decisions while also giving local franchisees a voice.

Furthermore, if the Regional Co-op members cannot agree on how to spend the co-op's funds, Chicken Guy can take over the decision-making authority. This can occur after Chicken Guy provides the members with 10 days' advance written notice. This provision ensures that the funds are used effectively for advertising and promotional purposes, even if the members are unable to reach a consensus.

Disclaimer: This information is extracted from the 2025 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.