What is the 'Franchise Agreement' referring to in the context of the Creative World School lease agreement?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
RIDER TO CREATIVE WORLD SCHOOLS FRANCHISING COMPANY, INC. FRANCHISE AGREEMENT FOR USE IN NEW YORK
CREATIVE WORLD SCHOOLS FRANCHISING COMPANY, INC., a Florida corporation ("we," "us," , a "our" or "Franchisor"), with its principal business address at 25110 Bernwood Drive, Suite #104, Bonita Springs, Florida 34135, and whose principal business address is "Franchisee") and amends the Franchise Agreement between the parties dated as of the Effective (referred to in this Rider as "you," "your" or Date, (the "Agreement"). 1. into, the Agreement. Nevertheless, this Rider supersedes any inconsistent or conflicting provisions of the Agreement. Agreement. Precedence and Defined Terms. This Rider is an integral part of, and is incorporated Terms not otherwise defined in this Rider have the meanings as defined in the
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to the 2025 Creative World School Franchise Disclosure Document, the 'Franchise Agreement' is a central contract between Creative World Schools Franchising Company, Inc. and the franchisee. This agreement outlines the terms and conditions under which the franchisee operates a Creative World School. Several excerpts refer to riders and addenda that amend or supplement the original Franchise Agreement, indicating that it's a dynamic document subject to modifications. These riders often address specific state laws or particular aspects of the franchise relationship, ensuring compliance and clarity.
The Franchise Agreement is further contextualized by its Effective Date, which is a key reference point for determining when the agreement and its amendments come into force. The document also highlights the importance of the Franchise Agreement in defining terms and conditions, as seen in the riders for states like Illinois, Maryland, New York, and Virginia. These riders emphasize that they are integral parts of the Franchise Agreement and take precedence over any conflicting provisions, ensuring that the most current and relevant terms apply.
Exhibit "A" to the Creative World School Franchise Agreement serves as an index to help franchisees navigate the document, reinforcing its complexity and the need for careful review. Additionally, the disclosure document itself summarizes provisions of the franchise agreement, underscoring its significance. The Franchise Agreement is the foundation upon which the entire franchise relationship is built, covering everything from operational procedures to legal compliance and dispute resolution.