What is the 'Franchise Agreement' referred to as, along with any amendments, in the City Wide addendum?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
2.2.9 Franchisee must execute the form of franchise agreement being used by CITY WIDE at the time Franchisee renews, including the Successor Addendum (See Attachment J) (collectively, "Successor Franchise Agreement"), which Successor Franchise Agreement will in all respects supersede this Agreement and the terms of which may differ from the terms of this Agreement, including, without limitation, a higher percentage Royalty Fee (See Section 3.7.1) and Marketing Fee (See Section 3.7.2(a).
2.2.10 Franchisee must pay CITY WIDE a renewal fee ("Successor Fee") equal to fifty percent (50%) of the then-current Initial Franchise Fee set forth in the Franchise Disclosure Document , at the time Franchisee executes the Successor Franchise Agreement which amount will be instead of payment of a new Initial Franchise Fee.
2.2.11 Franchisees must comply with CITY WIDE's then-current criteria for operating a Franchised Business, including CITY WIDE's then-current franchisee qualification and training requirements.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to the 2025 City Wide Franchise Disclosure Document, the franchise agreement, along with any amendments to it, is collectively referred to as the "Successor Franchise Agreement" when a franchisee renews their agreement. This agreement supersedes the original agreement and its terms may differ, potentially including higher royalty and marketing fees.
To renew their franchise agreement with City Wide, a franchisee must execute the form of franchise agreement being used by City Wide at the time of renewal, which includes the Successor Addendum. The terms of the Successor Franchise Agreement may differ from the original agreement, potentially including higher royalty fees and marketing fees.
In addition to executing the Successor Franchise Agreement, the franchisee must pay City Wide a renewal fee, referred to as the "Successor Fee," which is equal to 50% of the then-current Initial Franchise Fee set forth in the Franchise Disclosure Document. This fee is paid instead of a new Initial Franchise Fee. Franchisees must also comply with City Wide's then-current criteria for operating a franchised business, including qualification and training requirements.