Does the Deck Medic Franchise Disclosure Document include a copy of the Franchise Agreement?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Hawaii FDD Amendment
Amendments to the Deck Medic Franchise Disclosure Document
Exhibit J "FDD Receipts," is supplemented with the addition of the following:
The Receipt for this Disclosure Document (Exhibit "J") is supplemented to add the following:
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- THE FRANCHISE INVESTMENT LAW MAKES IT UNLAWFUL TO OFFER OR SELL ANY FRANCHISE IN THIS STATE WITHOUT FIRST PROVIDING TO THE PROSPECTIVE FRANCHISEE, OR SUBFRANCHISOR, AT LEAST SEVEN DAYS BEFORE THE EXECUTION BY THE PROSPECTIVE FRANCHISEE, OF ANY BINDING FRANCHISE OR OTHER AGREEMENT, OR AT LEAST SEVEN DAYS BEFORE THE PAYMENT OF ANY CONSIDERATION BY THE FRANCHISEE, OR SUBFRANCHISOR, WHICHEVER OCCURS FIRST, A COPY OF THE DISCLOSURE DOCUMENT, TOGETHER WITH A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE.
Owners and Spouses shall each execute and deliver to Franchisor the Franchise Owner and Spouse Agreement and Guaranty in the form attached to this Agreement as Exhibit 1; and (b) Franchisee's directors, officers, employees and agents where disclosure of the Know-How was necessary for the operations of the Franchised Business and where such director, officer, employee and/or agent previously executed and timely delivered to Franchisor the Confidentiality Agreement in the form attached as Exhibit 2.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
Yes, the Deck Medic 2024 Franchise Disclosure Document (FDD) includes references to the Franchise Agreement and its exhibits. Specifically, Exhibit J is identified as "FDD Receipts." Additionally, the FDD mentions that a copy of all proposed agreements relating to the sale of the franchise should be provided to the prospective franchisee.
Furthermore, the document refers to specific exhibits attached to the Franchise Agreement, such as Exhibit 1, which is the "Franchise Owner and Spouse Agreement and Guaranty," and Exhibit 2, the "Confidentiality Agreement." These exhibits are referenced in the context of obligations and agreements that franchisees, their owners, spouses, directors, officers, employees, and agents must adhere to.
In Hawaii, the FDD amendment states that a copy of the disclosure document should be provided along with a copy of all proposed agreements relating to the sale of the franchise at least seven days before the execution of any binding franchise agreement or the payment of any consideration by the franchisee. This implies that the Franchise Agreement itself is included as part of the disclosure.
Therefore, based on these references and requirements, it is clear that the Deck Medic Franchise Disclosure Document includes a copy of the Franchise Agreement, along with its associated exhibits and any state-specific amendments.