What is Exhibit C to the Franchise Agreement for Crisp & Green?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We must approve of the lease, sublease, or purchase contract (which we refer to as the site acquisition document) for the premises of your Franchised Restaurant before you sign such document. If you lease the premises, the lease must contain the terms and provisions that are reasonably acceptable to us, and you and the landlord must execute the standard form of lease addendum (attached as Exhibit C to the Franchise Agreement). Within 10 days after our approval of the site acquisition document, you must send us the fully signed site acquisition document, together with the signed lease addendum, if applicable, for the premises. You may not relocate the Franchised Restaurant without our prior approval.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 26–31)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, Exhibit C to the Franchise Agreement is the standard form of lease addendum. This addendum is a crucial part of securing the location for the franchised restaurant.
Before signing any lease, sublease, or purchase contract for the restaurant's premises, Crisp & Green requires approval of the site acquisition document. If leasing, the lease terms must be acceptable to Crisp & Green, and both the franchisee and the landlord must execute the standard lease addendum, which is Exhibit C.
Within 10 days of Crisp & Green's approval of the site acquisition document, the franchisee must provide the fully signed document, along with the signed lease addendum (Exhibit C), if applicable. This ensures that the lease agreement aligns with Crisp & Green's standards and protects their interests. Franchisees cannot relocate their Crisp & Green restaurant without prior approval from the company.