conditional

Under what circumstances does the Crisp & Green Addendum to the Franchise Agreement apply?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

This Illinois Addendum is only applicable if the developer is domiciled in Illinois or if the offer of the franchise is made or accepted in Illinois and the franchise business is or will be located in Illinois.

This North Dakota Addendum is only applicable if you are a resident of North Dakota or if your business will be located in North Dakota.

This Addendum pertains to franchises sold in the State of Rhode Island and is for the purpose of complying with Rhode Island statutes and regulations.

This Washington Addendum is only applicable if you are a resident of Washington or if your business will be located in Washington.

This Addendum pertains to franchises sold in the State of Minnesota and is for the purpose of complying with Minnesota statutes and regulations.

In recognition of the restrictions contained in Section 13.1-564 of the Virginia Retail Franchising Act, the Franchise Disclosure Document for Crisp & Green for use in the Commonwealth of Virginia shall be amended as follows:

In recognition of the requirements of the Maryland Franchise Registration and Disclosure Law, Maryland Code of Business Regulation §§ 14-201 - 14-233, the Franchise Disclosure Document for Crisp & Green in connection with the offer and sale of franchises for use in the State of Maryland shall be amended to include the following:

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to the 2024 Crisp & Green Franchise Disclosure Document, the addendum to the franchise agreement is state-specific and applies based on the franchisee's location or residency. For instance, the Illinois Addendum applies if the developer is domiciled in Illinois, or if the franchise offer is made or accepted in Illinois, and the franchise business is or will be located in Illinois. Similarly, the North Dakota Addendum is applicable if the franchisee is a resident of North Dakota or if their business will be located in North Dakota. The Rhode Island Addendum pertains to franchises sold in Rhode Island to comply with Rhode Island statutes and regulations. The addendum for Washington is only applicable if the franchisee is a resident of Washington or if their business will be located in Washington. The addendum for Minnesota pertains to franchises sold in the State of Minnesota and is for the purpose of complying with Minnesota statutes and regulations. The addendum for Virginia is for use in the Commonwealth of Virginia. The addendum for Maryland is for use in the State of Maryland.

These addenda are designed to ensure that the Crisp & Green franchise agreements comply with the specific franchise laws of each state. This is a common practice in franchising, as state laws can vary significantly and may provide additional protections or requirements for franchisees. The addenda typically address issues such as termination rights, dispute resolution, and waivers of legal claims, tailoring the standard franchise agreement to meet local legal standards.

Prospective Crisp & Green franchisees should carefully review the addendum for their specific state to understand how it modifies the standard franchise agreement. It is important to note that each addendum is only effective if the jurisdictional requirements of the respective state's franchise laws are met independently, without relying on the addendum itself. This means that the franchisee must still meet the state's residency or business location requirements for the addendum to apply. Franchisees should consult with a legal professional to fully understand their rights and obligations under both the franchise agreement and the state-specific addendum.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.