According to the Crisp & Green FDD, what exhibits are included?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT B TO THE CRISP & GREEN FRANCHISING LLC FRANCHISE DISCLOSURE DOCUMENT
Franchise Agreement (including Exhibits and state-specific addenda)
CRISP & GREEN FRANCHISING LLC FRANCHISE AGREEMENT
EXHIBIT C TO THE CRISP & GREEN FRANCHISING LLC FRANCHISE DISCLOSURE DOCUMENT
Area Development Agreement (including Rider and state-specific addenda)
CRISP & GREEN FRANCHISING LLC AREA DEVELOPMENT AGREEMENT
EXHIBIT D TO THE CRISP & GREEN FRANCHISING LLC FRANCHISE DISCLOSURE DOCUMENT
Example Letter of Intent
Date
Name Address Line 1 Address Line 2 City, State Postal Code
Dear NAME(s):
Thank you for your interest in becoming a franchising partner with Crisp & Green Franchising LLC ("Crisp & Green"). This Letter of Intent sets forth certain terms relating to your application to become a franchisee and our evaluation of your application. Please read this Letter of Intent carefully and sign below to acknowledge that you agree to these business terms and conditions.
Franchisee: NAME OF INDIVIDUAL OR ENTITY FRANCHISEE
Preliminary Designated Area:
PRELIMINARY DESIGNATED AREA. Upon submission to a background check and credit check (the "Background Check"), we will reserve this Preliminary Designated Area exclusively for you and will not offer it to any other franchisee until the earlier of (1) 30 calendar days following confirmation that you have submitted to the Background Check, and (2) our determination, based on the results of the Background Check and in our sole and absolute discretion, that you are unsuitable to run a franchised Restaurant (the earlier date, the "Expiration
Date).
You agree and acknowledge that: (i) you may have access to certain confidential information not generally known to the public relating to the products, sales, or business of Crisp & Green (together with documents, data, or information containing or derived from the foregoing, the "Confidential Information"); (ii) the Confidential Information constitutes a special, valuable, and unique asset of Crisp & Green that derives value in part from not being generally known to the public; (iii) the Confidential Information will remain the exclusive property of Crisp & Green; (iv) you will not use the Confidential Information for any purpose other than the development of one or more CRISP & GREEN® restaurants in connection with one or more Franchise Agreements; and (v) you will not disclose the Confidential Information to any person or permit any person to use, view, or access the Confidential information without the prior written consent of Crisp & Green.
EXHIBIT H TO THE CRISP & GREEN FRANCHISING LLC FRANCHISE DISCLOSURE DOCUMENT
State-Specific Addenda to the Disclosure Document
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, several exhibits are included. These exhibits provide franchisees with essential legal agreements and state-specific addenda.
Exhibit B contains the Franchise Agreement, including all its exhibits and any state-specific addenda. This agreement outlines the terms and conditions under which the franchisee will operate their Crisp & Green restaurant. Exhibit C includes the Area Development Agreement, along with its rider and any state-specific addenda. This agreement is relevant for franchisees who plan to develop multiple Crisp & Green locations within a specific area.
Exhibit D features an example of a Letter of Intent, which is used during the initial stages of a potential franchisee's application. Finally, Exhibit H contains state-specific addenda to the disclosure document, addressing any specific legal requirements or modifications required by certain states. These addenda ensure that the franchise agreement complies with local regulations and protects the rights of franchisees in those states.