When does the Maryland Rider to the Chocolate Fish Coffee Franchise Agreement become effective?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
- Effective Date. This Rider is effective as of the Effective Date.
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, the Maryland Rider to the Franchise Agreement becomes effective as of the Effective Date. The rider serves to amend the existing Franchise Agreement between Chocolate Fish Franchising, LLC, and the franchisee.
This means that any specific clauses or provisions outlined in the Maryland Rider will be legally binding and in force from the same date that the original Franchise Agreement takes effect. The rider addresses specific legal considerations related to Maryland franchise law, including stipulations around releases, waivers of liability, statutes of limitations, and jurisdiction for legal actions.
For a prospective Chocolate Fish Coffee franchisee in Maryland, this ensures that their franchise agreement adheres to Maryland state laws from the outset. It is important to carefully review the Effective Date in conjunction with the full Franchise Agreement to understand when all contractual obligations and rights begin.