Does the Deck Medic franchise agreement include schedules?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
ent or approval of any other subsequent similar act or request.
[SIGNATURE PAGE TO FOLLOW]
IN WITNESS WHEREOF, the parties have executed, sealed and delivered this Agreement as of the Effective Date set forth in the first paragraph of this Agreement.
| Franchisor: Deck Medic, Inc. | Franchisee: | |
|---|---|---|
| By: | Signature | |
| Signature | ||
| Name and Title (please print) | Name (please print) | |
| Dated | Dated |
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
FRANCHISE AGREEMENT Schedule 2 Franchise Fee Acknowledgment
As of the Effective Date o
Source: Item 22 — CONTRACTS (FDD pages 42–43)
What This Means (2024 FDD)
Yes, according to Deck Medic's 2024 Franchise Disclosure Document, the franchise agreement includes schedules. Specifically, Schedule 1 pertains to the franchisee's operating territory acknowledgment, defining the territory as identified in Article 1 of the Franchise Agreement. If left incomplete, the franchisor will designate and determine the operating territory.
Schedule 2 concerns the franchise fee acknowledgment. It specifies whether the franchisee's operating territory qualifies as a single territory only, a single territory plus additional territories, and the number of additional territories. It also states the initial franchise fee amount.
Schedule 3 includes the statement of the franchisee's owners. These schedules are part of the franchise agreement and require signatures and dates from both the franchisor and the franchisee, indicating agreement on these key aspects of the franchise relationship.