Under what circumstances must a revised Exhibit A be submitted to Clean Your Dirty Face?
Clean_Your_Dirty_Face Franchise · 2025 FDDAnswer from 2025 FDD Document
Subject to our rights and your obligations under Section 12, you and your owners agree to sign and deliver to us a revised Exhibit A to reflect any changes in your ownership information;
- (5) You must identify one of your owners on Exhibit A who is a natural person with at least a twenty-five percent (25%) of direct ownership interest and voting power in you to act as your "Operating Partner".
Source: Item 22 — CONTRACTS (FDD page 54)
What This Means (2025 FDD)
According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, if the franchisee is a corporation, limited liability company, or general or limited partnership, they must submit a revised Exhibit A to Clean Your Dirty Face to reflect any changes in the ownership information.
Exhibit A to the Franchise Agreement must completely and accurately describe all of the owners and their interests in the entity as of the effective date of the agreement. Any person owning an interest in the entity at any time during the agreement's term will execute a guaranty in the form prescribed by Clean Your Dirty Face, undertaking personally to be bound, jointly and severally, by all provisions of the agreement and any ancillary agreements between the franchisee and Clean Your Dirty Face.
Furthermore, one of the owners listed on Exhibit A must be a natural person with at least a twenty-five percent (25%) direct ownership interest and voting power in the entity to act as the Operating Partner. Clean Your Dirty Face reserves the right to approve the Operating Partner.