What section in the MUDA relates to Chocolate Bash franchisee fees?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Obligation | Section in agreement | Disclosure document item | Section in MUDA |
|---|---|---|---|
| f. Fees | Article 4, §§ 5.5, 7.8, 10.5, 11.2, 11.3, 14.5, 15.2, 16.1, 17.6 | Items 5, 6 and 7 | §1 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 17–19)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations under the franchise and other agreements. This item helps franchisees locate detailed information about their obligations within these agreements and other items of the disclosure document.
Specifically, the section in the MUDA (presumably the Multi-Unit Development Agreement) that relates to franchisee fees is §1. This is in reference to the obligation regarding fees outlined in Article 4, and sections §§ 5.5, 7.8, 10.5, 11.2, 11.3, 14.5, 15.2, 16.1, 17.6 of the franchise agreement. These fees are further detailed in Items 5, 6, and 7 of the disclosure document.
For a prospective Chocolate Bash franchisee, this means that Section 1 of the MUDA will contain information regarding the fees they are obligated to pay. It is important to review this section in conjunction with the referenced articles and sections of the franchise agreement, as well as Items 5, 6, and 7 of the FDD, to fully understand all fee obligations.