What document related to the lease must a Deka Lash franchisee deliver promptly after execution?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT F-2 TELEPHONE NUMBER & INTERNET ASSIGNMENT AGREEMENT
THIS ASSIGNMENT AGREEMENT is made between DL Franchising, LLC d/b/a Deka Lash, ("we," "us," or "our") and the franchisee named below ("you" or "your").
The parties are entering into one or more Franchise Agreements. For value received, Franchisee hereby irrevocably assigns to Franchisor all listings associated with the Deka Lash franchise, including all telephone numbers, telephone listings, email addresses, domain names, social media accounts, Internet listings, websites, and comparable electronic identities used in connection with the Marks or the operation of the Franchised Business covered by the Agreement, whether now-existing or adopted by Franchisee in the future, (collectively "Listings").
As a condition to signing the Franchise Agreement(s), we have required that you assign all of your Listings relating to the Deka Lash Franchise(s) to us upon the expiration or termination of any of the Franchise Agreements.
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
Based on the 2024 Deka Lash Franchise Disclosure Document, Exhibit F-2 outlines the terms for a Conditional Assignment of Lease. However, the excerpt does not specify that the franchisee must deliver any lease-related document promptly after execution. Instead, it focuses on the assignment of telephone numbers, internet listings, and other electronic identities to the franchisor.
While the document discusses the assignment of listings associated with the Deka Lash franchise to the franchisor, it does not explicitly state that a copy of the lease or any lease-related document must be provided to Deka Lash after execution. The agreement emphasizes the franchisee's responsibility to assign all telephone numbers, listings, email addresses, domain names, social media accounts, Internet listings, websites, and comparable electronic identities to the franchisor.
Therefore, a prospective franchisee should confirm with Deka Lash what specific lease-related documents, if any, are required to be submitted promptly after the lease's execution. This will ensure full compliance with all contractual obligations regarding the franchise agreement and leased property.