factual

What is the full name of the agreement being amended for Illinois Cinch I.T. franchisees?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

AMENDMENT TO CINCH FRANCHISE, LLC

MULTI-UNIT DEVELOPMENT AGREEMENT AND RELATED DOCUMENTS FOR THE STATE OF ILLINOIS

Source: Item 23 — RECEIPTS (FDD pages 60–269)

What This Means (2024 FDD)

According to the 2024 Cinch I.T. Franchise Disclosure Document, for franchisees in Illinois, the agreement being amended is the Multi-Unit Development Agreement and related documents. This amendment is specific to Cinch I.T. franchisees operating in Illinois.

The amendment addresses specific legal considerations within Illinois, particularly those related to the Illinois Franchise Disclosure Act. This act includes stipulations around jurisdiction, venue, and franchisee rights upon termination or non-renewal. It also ensures that franchisees cannot waive compliance with Illinois law.

Prospective Cinch I.T. franchisees in Illinois should carefully review this amendment with legal counsel to understand their rights and obligations under Illinois law. The amendment aims to protect franchisees by ensuring compliance with state regulations and preventing the enforcement of terms that conflict with Illinois law.

Disclaimer: This information is extracted from the 2024 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.