What franchisee information is detailed in Exhibit A of the Crisp & Green Franchise Agreement?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
INFORMATION COMPARING FRANCHISORS IS AVAILABLE. CALL THE STATE ADMINISTRATORS LISTED IN EXHIBIT A OR YOUR PUBLIC LIBRARY FOR SERVICES OR INFORMATION. REGISTRATION OF THIS FRANCHISE BY NEW YORK STATE DOES NOT MEAN THAT NEW YORK STATE RECOMMENDS IT OR HAS VERIFIED THE INFORMATION IN THIS FRANCHISE DISCLOSURE DOCUMENT. IF YOU LEARN THAT ANYTHING IN THIS FRANCHISE DISCLOSURE DOCUMENT IS UNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND THE APPROPRIATE STATE OR PROVINCIAL AUTHORITY.
If we do not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
Source: Item 22 — CONTRACTS (FDD page 66)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, Exhibit A contains a list of state agencies that a prospective franchisee can contact for information comparing franchisors. The exhibit also notes that if Crisp & Green does not deliver the disclosure document on time, or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred. This should be reported to the Federal Trade Commission and the appropriate state agency identified on Exhibit A.
This exhibit serves as a resource for franchisees to conduct due diligence and verify the information provided by Crisp & Green. It empowers potential franchisees to seek independent information and report any discrepancies or legal violations related to the franchise offering.
It is common practice for franchise agreements to include exhibits that provide additional information and resources for franchisees. Exhibit A in the Crisp & Green FDD serves as an important point of contact for franchisees to ensure compliance and seek assistance if needed.