For Christian Brothers Automotive, what is the significance of including the franchisee's name in Schedule D.2?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Agreement (Ver 04-14-2025) | |
|---|---|
| Franchisee: | |
| Franchisor: Christian Brothers Automotive Corporation | |
| Property: | F-2 |
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the inclusion of the franchisee's name in the franchise agreement is a standard practice for Christian Brothers Automotive. The franchisee's name, along with the franchisor's name (Christian Brothers Automotive Corporation), is listed at the beginning of the Franchise Agreement. This clearly identifies the parties entering into the agreement. The document also includes the property location where the franchise will operate. This information is present on multiple exhibits within the agreement.
Specifically, the franchisee's name appears in the context of amendments to the Disclosure Document and Franchise Agreement. For instance, when modifications are made due to state-specific laws (such as in New York, Minnesota, or Virginia), the amendment explicitly states that the agreement is between "[Franchisee]" and Christian Brothers Automotive Corporation. This ensures that all parties are aware of any changes or additions to the original agreement and that the franchisee is properly identified within these legal documents.
Furthermore, the franchisee's name is included in documents like the General Release agreement, which Christian Brothers Automotive may require a franchisee to sign during renewal, transfer, or termination. Including the franchisee's name in these documents ensures clarity and legal validity, as it confirms that the release is executed by the correct individual or entity. This practice is typical in franchising to avoid any ambiguity regarding who is bound by the terms of the agreement and any related releases or amendments.