What exhibit number is the Franchisee Participation Agreement for Cost Cutters Family Hair Salon?
Cost_Cutters_Family_Hair_Salon Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 1: THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES]
a. The Franchise Agreement
Each Cost Cutters Store is operated pursuant to a Franchise Agreement. A copy of our Franchise Agreement is attached as Exhibit D.
b. The Development Agreement
In addition to signing a Franchise Agreement, if you want to develop more than one Store, you must also sign a development agreement (the "Development Agreement") under which we grant you the right, and you accept the responsibility, to develop a specified number of Cost Cutters Stores in a Designated Market Area ("Development Area"). A copy of our Development Agreement is attached as Exhibit E.
c. The Asset Purchase Agreement
You and The Barbers or our affiliate will sign an Agreement for Purchase and Sale of Assets, the form of which is attached in Exhibit N, to acquire the assets of the Cost Cutters Store or the salon, as applicable (the "Asset Purchase Agreement").
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2024 FDD)
According to the 2024 Cost Cutters Family Hair Salon Franchise Disclosure Document, the Franchise Agreement is included as Exhibit D. If a franchisee wants to develop more than one store, they must also sign a Development Agreement, which is included as Exhibit E. If a franchisee acquires a Vendition Store, they will sign an Agreement for Purchase and Sale of Assets, the form of which is attached in Exhibit N.