What exhibits are attached to the Cool Binz Franchise Agreement?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibits:
- Exhibit A Designated Personnel
- Exhibit B Franchise Management Software License Agreement
- Exhibit C Telephone and Other Listing Agreement
- Exhibit D Guaranty and Assumption of Franchisee's Obligations
- Exhibit E Electronic Funds (EFT) Authorization
- Exhibit F State Addenda to the Franchise Agreement
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, there are six exhibits attached to the Cool Binz Franchise Agreement. These exhibits provide further details and legally binding terms related to various aspects of the franchise operation.
Exhibit A pertains to Designated Personnel, likely outlining the required roles and responsibilities within the franchise. Exhibit B is the Franchise Management Software License Agreement, which governs the franchisee's use of Cool Binz's proprietary software for managing their business. Exhibit C covers the Telephone and Other Listing Agreement, potentially detailing how the franchisee's business will be listed in directories and online.
Exhibit D is the Guaranty and Assumption of Franchisee's Obligations, which likely requires a personal guarantee from the franchisee or another party to ensure the franchisee fulfills their financial and contractual obligations. Exhibit E is the Electronic Funds (EFT) Authorization, allowing Cool Binz to collect payments from the franchisee electronically. Finally, Exhibit F consists of State Addenda to the Franchise Agreement, which are modifications to the standard agreement to comply with specific state laws.
Prospective franchisees should carefully review each of these exhibits with legal counsel to fully understand their rights and obligations under the Cool Binz Franchise Agreement. These exhibits are legally binding documents that can significantly impact the franchisee's operation and financial responsibilities.