Where in the Crisp & Green Area Development Agreement can I find the revisions mentioned in Item 23?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
ADDENDUM TO THE CRISP & GREEN AREA DEVELOPMENT AGREEMENT FOR THE STATE OF NORTH DAKOTA
Notwithstanding anything to the contrary set forth in the Crisp & Green Franchising LLC Area Development Agreement, the following provisions shall supersede any inconsistent provisions and apply to all Crisp & Green franchises offered and sold in the state of North Dakota:
This North Dakota Addendum is only applicable if you are a resident of North Dakota or if your business will be located in North Dakota.
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- Section 9 of the Area Development Agreement is amended to provide that the prevailing party in any enforcement action is entitled to recover all costs and expenses, including attorneys' fees.
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- Section 6.B of the Area Development Agreement is modified to delete any requirement that franchisee consent to termination penalties or liquidated damages.
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- No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
Each of the undersigned hereby acknowledges having read and understood this Addendum and consents to be bound by all of its terms.
CRISP & GREEN FRANCHISING LLC, a Minnesota limited liability company (Name of corporation, limited liability company or partnership) By: By: Print Name: Print Name: Title: Title:
ADDENDUM TO THE CRISP & GREEN AREA DEVELOPMENT AGREEMENT FOR THE STATE OF RHODE ISLAND
Notwithstanding anything to the contrary set forth in the Crisp & Green Franchising LLC Area Development Agreement, the following provisions shall supersede any inconsistent provisions and apply to all Crisp & Green franchises offered and sold in the state of Rhode Island:
- The following paragraph is added to the end of Section 5:
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, Item 23 includes addenda that revise the Area Development Agreement for specific states. These revisions are applicable if a franchisee is a resident of or will locate their business in the specified state.
Specifically, the document includes addenda for the states of North Dakota, New York, Maryland, Illinois, and Virginia. Each addendum outlines specific revisions to sections of the Area Development Agreement. For example, the North Dakota addendum revises Section 9 regarding the recovery of costs and expenses in enforcement actions, and modifies Section 6.B to remove requirements for franchisee consent to termination penalties or liquidated damages. The New York addendum revises Sections 9 and 7 and adds to Section 5 regarding franchisee termination rights.
Additionally, the addenda include clauses ensuring that no statement or acknowledgment signed by the franchisee waives rights under state franchise laws, including claims of fraud. These revisions supersede any conflicting terms in other documents related to the franchise agreement. Each addendum also includes an acknowledgment section for signatures, confirming that the undersigned have read, understood, and agree to be bound by the terms of the addendum.