Where can I find the Operating Territory Acknowledgment for a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
FRANCHISE AGREEMENT Schedule 1 Operating Territory Acknowledgment
Franchisee's Operating Territory – Franchisee's "Operating Territory", as such term is identified and defined in the Franchise Agreement, including, but not limited to, Article 1 of the Franchise Agreement, is identified, as follows:
[IF LEFT INCOMPLETE THE OPERATING TERRITORY SHALL BE DESIGNATED AND DETERMINED BY FRANCHISOR]
The foregoing Operating Territory has been determined based on negotiations initiated by Franchisee. To the extent that the foregoing description of the Operating Territory includes and/or delineates geographic or political boundaries such determinations will be considered fixed as of the Effective Date of the Franchise Agreement and will not change for the purpose of this Agreement notwithstanding a change or reorganization to such boundaries or regions. All street boundaries, if any, will be deemed to end at the street center lines unless otherwise specified above.
Franchisor: Deck Medic, Inc. Franchisee: By: Signature Signature Name and Title (please print) Name (please print) Dated Dated Signature Name (please print) Dated
Source: Item 22 — CONTRACTS (FDD pages 42–43)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the Operating Territory Acknowledgment can be found in Schedule 1 of the Franchise Agreement. This acknowledgment formally identifies the franchisee's operating territory, referencing Article 1 of the Franchise Agreement for further definition. The document specifies that if the territory description is left incomplete, Deck Medic will designate and determine the operating territory.
The acknowledgment also clarifies that the territory's geographic or political boundaries are fixed as of the Franchise Agreement's effective date, regardless of any subsequent changes or reorganizations to those boundaries. Furthermore, any street boundaries are considered to end at the street center lines unless explicitly stated otherwise.
Both the franchisor, Deck Medic, Inc., and the franchisee must sign and date the Operating Territory Acknowledgment. This ensures that both parties are in agreement regarding the defined operating territory. This acknowledgment is a critical component of the Franchise Agreement, as it establishes the geographic area within which the franchisee is authorized to operate their Deck Medic business.