What is the definition of 'Effective Date' in the Multi-Unit Development Rider for Clean Your Dirty Face?
Clean_Your_Dirty_Face Franchise · 2025 FDDAnswer from 2025 FDD Document
s of the day and year of the Lease.
LANDLORD: TENANT:
EXHIBIT C
MULTI-UNIT RIDER TO FRANCHISE AGREEMENT
MULTI-UNIT DEVELOPMENT RIDER TO FRANCHISE AGREEMENT
| This MULTI-UNIT DEVELOPMENT RIDER TO FRANCHISE AGREEMENT (this | |
|---|---|
| "Rider") is made by and between MUD FRANCHISING, LLC, a North Carolina limited liability | |
| company, with its principal business address at 2485 Penny Rd, Suite 140, High Point, North Carolina | |
| 27265 ("us") and | |
| , | |
| a with its | |
| principal business address at("you") as | |
| of the date on which this Rider is executed by us (the "Effective Date"). |
Source: Item 22 — CONTRACTS (FDD page 54)
What This Means (2025 FDD)
According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, the Effective Date in the context of the Multi-Unit Development Rider refers to the date on which the Rider is executed by Clean Your Dirty Face. This date is significant because it marks the commencement of the agreement outlined in the Rider, which grants the franchisee the right and obligation to acquire additional Clean Your Dirty Face franchises.
For a prospective Clean Your Dirty Face multi-unit franchisee, the Effective Date is a critical starting point. It sets the clock ticking for various obligations and timelines specified within the Rider, such as site selection, development schedules, and other performance milestones. Understanding this date is essential for managing expectations and ensuring compliance with the terms of the agreement.
Clean Your Dirty Face franchisees should pay close attention to the execution date of the Rider, as it directly correlates with their responsibilities for developing and opening additional locations. Failing to meet deadlines tied to the Effective Date could potentially result in breaches of the agreement and associated penalties. Therefore, franchisees must align their planning and execution strategies with this date to ensure a smooth and successful multi-unit development process.