Under what circumstances does the Illinois Addendum to the Crisp & Green Area Development Agreement apply?
Crisp_Green Franchise · 2024 FDDAnswer 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.
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 to the Area Development Agreement is applicable under specific conditions related to the developer's location and the franchise's operation.
The addendum applies if the developer is domiciled in Illinois. This means that if the individual or entity entering into the Area Development Agreement has their primary residence or principal place of business in Illinois, the addendum will be in effect.
Additionally, the Illinois Addendum is applicable if the offer of the franchise is made or accepted in Illinois and the franchise business is or will be located in Illinois. This means that even if the developer is not domiciled in Illinois, if the franchise agreement was offered or accepted within the state, and the Crisp & Green franchise will operate within Illinois, the addendum applies. This ensures that Illinois state laws and regulations are considered and followed in the franchise relationship.