When is the Conference Registration Fee due for Chop5 Salad Kitchen franchisees?
Chop5_Salad_Kitchen Franchise · 2024 FDDAnswer from 2024 FDD Document
| TYPE OF FEE 1 | AMOUNT 2, 3 | DUE DATE | REMARKS |
|---|---|---|---|
| Conference Registration Fee | Up to $1,000 per person per conference (currently $300 per person per conference) | 10 days after invoice | We may hold conferences to discuss matters affecting franchisees. Attendance is mandatory unless: (a) we designate attendance as optional; or (b) we waive your obligation to attend based on showing of good cause. If you fail to attend a required conference without a waiver from us, you must pay us the conference registration fee despite your non-attendance (we will provide you with a copy of any written materials distributed at the conference). |
Source: Item 6 — OTHER FEES (FDD pages 12–17)
What This Means (2024 FDD)
According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, the Conference Registration Fee is due 10 days after the invoice date. The fee can be up to $1,000 per person per conference, but is currently $300 per person per conference.
Chop5 Salad Kitchen may hold conferences to discuss matters affecting franchisees, and attendance is typically mandatory. However, attendance may be optional if Chop5 Salad Kitchen designates it as such, or if they waive the franchisee's obligation to attend based on a showing of good cause.
If a franchisee fails to attend a required conference without obtaining a waiver from Chop5 Salad Kitchen, they are still obligated to pay the conference registration fee, even though they did not attend. In this case, Chop5 Salad Kitchen will provide the franchisee with a copy of any written materials distributed at the conference.