What is the name of the agreement between City Wide Franchise Company, Inc. and the Franchisee?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Any disputes that arise under this Non-Compete Agreement shall be subject to the dispute resolution provisions set forth in the Franchise Agreement.
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- All capitalized terms used in this Non-Compete Agreement shall have the same meaning as in the Franchise Agreement unless otherwise stated.
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- This Agreement will commence upon the Effective Date of the Franchise Agreement and will be effective throughout and will survive the Term of the Franchise Agreement, including any Successor Terms. In the event of the expiration or termination of the Franchise Agreement, then all applicable time periods set forth in this Agreement will commence as of the date of the termination or expiration of the Franchise Agreement.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the agreement between City Wide Franchise Company, Inc. and the franchisee is called the "Franchise Agreement".
Several sections within Item 22 of the FDD refer to the Franchise Agreement. For example, the document mentions that disputes arising under the Non-Compete Agreement are subject to the dispute resolution provisions outlined in the Franchise Agreement. Additionally, capitalized terms used in the Non-Compete Agreement have the same meaning as defined in the Franchise Agreement, unless otherwise stated.
The Non-Compete Agreement's effectiveness is tied to the Franchise Agreement, commencing upon the Franchise Agreement's effective date and surviving its term, including any successor terms. Termination or expiration of the Franchise Agreement triggers the commencement of applicable time periods within the Non-Compete Agreement. Furthermore, franchisees may be required to adhere to standards and specifications outlined in the Franchise Agreement to maintain the quality and public image of the City Wide system.