Does the Cilantro Taco Grill Franchise Agreement have any attachments?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
This grant applies only to a single location within a territory that is designated in Attachment 2 attached hereto and incorporated herein (the "Territory"). Franchisee and the Principals have represented to Franchisor that they have entered into this Agreement with the intention of complying fully with the obligations to construct a Cilantro Taco Grill restaurant hereunder and not for the purpose of reselling the rights to develop the restaurant hereunder. Franchisee and the Principals understand and acknowledge that Franchisor has granted such rights in reliance on the business skill, financial capacity, personal character of, and expectations of performance hereunder, by Franchisee and the Principals and that this Agreement and the rights and obligations hereunder may not be transferred until after the Cilantro Taco Grill restaurant is open for business to the public in accordance with Section 8.3, and then only in accordance with Article 16 hereof. If the parties mutually agree to certain negotiated changes during Initial Term or Renewal Term, then Franchisee acknowledges and agrees to sign an addendum in the form attached hereto as Attachment 9 or any form we may require in the future, and that the revisions contained in this form are added terms to this Agreement and no other changes shall be made to the form of addendum itself.
Source: Item 22 — CONTRACTS (FDD pages 51–52)
What This Means (2024 FDD)
According to the 2024 Cilantro Taco Grill Franchise Disclosure Document, the Franchise Agreement includes several attachments. Specifically, Attachment 2 designates the territory granted to the franchisee. Additionally, if any negotiated changes are made to the agreement during the initial or renewal term, an addendum in the form of Attachment 9, or any other form required by Cilantro Taco Grill, must be signed by the franchisee. These attachments are incorporated into the Franchise Agreement, forming part of the overall agreement between Cilantro Taco Grill and the franchisee.
These attachments are legally binding documents that outline specific details of the franchise agreement. Attachment 2 defines the territory where the franchisee is authorized to operate a Cilantro Taco Grill restaurant. Attachment 9 is used to document any agreed-upon changes to the franchise agreement during its term. It is important that prospective franchisees carefully review all attachments to fully understand their rights and obligations.
It is typical practice for franchise agreements to include attachments and exhibits that provide additional details and specifications related to the agreement. These attachments can cover a variety of topics, such as territory definitions, site selection criteria, and operational guidelines. Franchisees should carefully review all attachments and seek legal counsel if they have any questions or concerns.