Does the Crisp & Green Franchise Agreement include an exhibit for Franchised Restaurant Information?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
e the System at any site other than the Premises, or relocate the Franchised Restaurant, without our prior written consent.
2.02 Your Designated Area. The Preliminary Designated Area identified on Exhibit B, if any, is the general location where you intend to secure the Premises for the Franchised Restaurant. If a Preliminary Designated Area is specified in Exhibit B, we will not grant anyone else the right to develop or operate a CRISP & GREEN Restaurant in the Preliminary Designated Area for 60 days from the Effective Date of this Agreement. Once the Premises has been approved by us, you hereby authorize us to define in Exhibit B a "Designated Area" around the Premises; provided that such Designated Area will generally consist of a geographic area illustrated on a map whose boundaries will be designated based on our current criteria for size, demographics, and topographical features. Once defined in Exhibit B, your Designated Area will remain constant throughout the initial Term of this Agreement (unless you relocate the Franchised Restaurant and upon renewal or transfer). During the Term, and subject to the following Section 2.03, we will not establish (directly or through an Affiliate), or grant to a third party the right to establish, a CRISP & GREEN Restaurant physically located within your Designated Area. You acknowledge and agree that we and our Affiliates have the right to develop and operate and grant others the right to develop and operate CRISP & GREEN Restaurants outside the Designated Area, regardless of their proximity to the Designated Area or any negative impact they may have on your Franchised Restaurant.
2.03 Our Reservation of Rights.
Source: Item 22 — CONTRACTS (FDD page 66)
What This Means (2024 FDD)
Based on the 2024 Crisp & Green Franchise Disclosure Document, there is no mention of an exhibit specifically titled "Franchised Restaurant Information." However, Exhibit B to the Franchise Agreement defines the franchisee's "Designated Area" around the approved premises. This exhibit outlines the geographic area where Crisp & Green will not establish another restaurant during the agreement's term, offering the franchisee a degree of territorial protection. The Preliminary Designated Area is identified on Exhibit B as the general location where the franchisee intends to secure the premises for the Franchised Restaurant. If a Preliminary Designated Area is specified in Exhibit B, Crisp & Green will not grant anyone else the right to develop or operate a Crisp & Green Restaurant in the Preliminary Designated Area for 60 days from the Effective Date of this Agreement. Once the Premises has been approved by Crisp & Green, the franchisee authorizes Crisp & Green to define in Exhibit B a "Designated Area" around the Premises.
Additionally, Exhibit C to the Franchise Agreement is a standard lease addendum that the franchisee and landlord must execute if the franchisee leases the site. Exhibit D is an example of a Letter of Intent.
While the FDD does not contain an exhibit with the precise name requested, prospective franchisees should carefully review Exhibits B and C to understand their territorial rights and lease obligations. It would be prudent to discuss with Crisp & Green what specific information is included in each exhibit and how it impacts the operation of their franchised restaurant.