Why is the Minnesota Rider being executed for the Cool Binz franchise?

According to the 2025 Cool Binz Franchise Disclosure Document, the Minnesota Rider is executed when the offer or sale of a Cool Binz franchise occurs in Minnesota, or if the franchisee is a resident of Minnesota, and the franchise will be operated in Minnesota. This ensures compliance with Minnesota Statutes 80C.01 through 80C.22 and Minnesota Rules 2860.0100 through 2860.9930, as overseen by the Minnesota Commissioner of Commerce.

The Minnesota Rider modifies specific sections of the standard Cool Binz franchise agreement to align with Minnesota law. For example, it adds language to Section 4 of the agreement to protect the franchisee's rights to use Cool Binz's proprietary rights and trademarks, and to indemnify the franchisee from losses arising from claims regarding the use of the name, as required by Minnesota Statute 80C.12, Subd. 1(g).

Furthermore, the rider includes stipulations regarding termination and non-renewal notices, ensuring Cool Binz complies with Minnesota Statute 80C.14, Subds. 3, 4, and 5, which mandates specific notice periods and conditions for franchise termination and transfer. It also addresses the waiver of punitive damages and jury trials, stating that Minnesota Rule 2860.4400J prohibits the waiver of a jury trial, overriding any conflicting terms in Section 15.I of the standard agreement. These modifications ensure that the Cool Binz franchise agreement adheres to Minnesota's franchise laws, providing additional protections and rights to franchisees operating within the state.