Does the Crisp & Green Illinois addendum specify any changes to fees?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
ADDENDUM TO CRISP & GREEN FRANCHISING LLC FRANCHISE DISCLOSURE DOCUMENT REQUIRED BY THE STATE OF ILLINOIS
Item 17 of this Disclosure Document is modified to include the following paragraph:
Sec. 705/4 of the Illinois Franchise Disclosure Act of 1987 provides that "any provision in a franchise/license agreement that designates jurisdiction or venue in a forum outside of Illinois is void."
Although the Franchise Agreement and Area Development Agreement provide that they will be governed by and construed in accordance with the laws of the State of Minnesota, we agree that the laws of the State of Illinois will govern the construction and interpretation of the Franchise Agreement and Area Development Agreement. The provisions of the Franchise Agreement and Area Development Agreement concerning governing law, jurisdiction, and venue shall not constitute a waiver of any right conferred on you by Illinois law.
Although the Franchise Agreement and Area Development Agreement require litigation to be instituted in the state courts located in the federal or state court for city closet where our principal executive office is located, except as you may be restricted by the arbitration provisions of the Franchise Agreement and Area Development Agreement, all litigation must be instituted in a court of competent jurisdiction located in the State of Illinois.
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, the Illinois addendum does not specify any changes to fees. The Illinois addendum primarily focuses on legal aspects specific to Illinois franchise law.
The addendum addresses issues such as forum for litigation and governing law, ensuring that the franchise agreement complies with Illinois state regulations. Specifically, it notes that any provision designating jurisdiction or venue outside of Illinois is void, as per the Illinois Franchise Disclosure Act. The addendum also clarifies that Illinois law will govern the construction and interpretation of the Franchise Agreement and Area Development Agreement, overriding any conflicting provisions in the standard agreements.
Prospective Crisp & Green franchisees in Illinois should be aware that these stipulations are designed to protect their rights under Illinois law. The addendum ensures that franchisees are not forced to litigate disputes in a forum outside of Illinois and that Illinois law will be applied to the agreement. This can provide added security and legal clarity for franchisees operating in Illinois.