factual

What section of the Christian Brothers Automotive Franchise Agreement is deleted by this amendment?

Christian_Brothers_Automotive Franchise · 2025 FDD

Answer from 2025 FDD Document

eable.

  • g. Exhibit G of the Agreement, titled "Franchisee Disclosure Acknowledgment Statement," is hereby deleted and shall have no force or effect.
  • h.

Source: Item 22 — CONTRACTS (FDD page 76)

What This Means (2025 FDD)

According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, for franchisees in Minnesota, Exhibit G of the Franchise Agreement, titled "Franchisee Disclosure Acknowledgment Statement," is deleted and will have no effect. For franchisees in Maryland, Section 22 of the Franchise Agreement is deleted. This amendment is specific to franchise agreements within these states and aims to ensure compliance with state laws.

For prospective Christian Brothers Automotive franchisees, this means that the standard franchise agreement is modified to comply with Minnesota and Maryland law. In Minnesota, the deletion of Exhibit G removes a specific acknowledgment statement, potentially impacting how disclosures are handled. In Maryland, the deletion of Section 22 of the agreement could have a more substantial impact, as the FDD does not specify what Section 22 covers.

It is important for prospective franchisees in these states to carefully review the amendment and understand how it alters the original franchise agreement. Franchisees should seek legal counsel to fully understand the implications of these changes, particularly the deletion of Section 22 in Maryland, and how it affects their rights and obligations under the franchise agreement. This ensures that franchisees are fully aware of their legal standing and the enforceability of the agreement within their specific state.

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.