What is the required action for the undersigned regarding the Washington Addendum for a Crisp & Green franchise?

According to the 2024 Crisp & Green Franchise Disclosure Document, if a franchisee is subject to the Washington Addendum, they must acknowledge that they have read and understood the addendum and consent to be bound by its terms. This acknowledgment and consent are indicated by the franchisee's signature on the addendum. The Washington Addendum applies to franchises sold in Washington to comply with Washington statutes and regulations. It is applicable if the franchisee is domiciled in Washington, the franchised restaurant will be located or operated in Washington, or any of the offering or sales activity relating to the Franchise Agreement occurred in Washington.

Several provisions within the Washington Addendum modify the standard franchise agreement to align with Washington law. These modifications cover areas such as conflict of laws, termination and renewal rights, arbitration or mediation locations, and the ability to bring legal actions in Washington. Additionally, the addendum addresses waivers of rights and liabilities under the Washington Franchise Investment Protection Act, ensuring franchisees do not unknowingly relinquish protections afforded to them under state law.

For a prospective Crisp & Green franchisee in Washington, this means the addendum is a critical document that outlines specific legal protections and modifications to the standard franchise agreement. By signing, the franchisee confirms they are aware of these state-specific provisions and agree to abide by them. It is essential for franchisees to carefully review the Washington Addendum with legal counsel to fully understand their rights and obligations under Washington law.

The signature requirement ensures that both Crisp & Green and the franchisee are on the same page regarding the legal framework governing their relationship in Washington. This helps to mitigate potential disputes and ensures compliance with state franchise laws. The franchisee should retain a copy of the signed addendum for their records, along with the franchise agreement and other related documents.