Which exhibit to the Deka Lash Disclosure Document contains the Area Development Agreement?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Exhibit A | State Addenda to the Disclosure Document |
|---|---|
| Exhibit B | Franchise Agreement Schedule 1 - Protected Area Schedule 2 - Holders of Ownership Interest in the Franchise Schedule 3 - State Addenda |
| Exhibit C | Area Development Agreement Appendix 1 - Data Sheet Appendix 2 - State Addenda |
Source: Item 22 — CONTRACTS (FDD pages 62–63)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the Area Development Agreement is included as Exhibit C. This exhibit also contains Appendix 1, which is a data sheet, and Appendix 2, which includes state addenda.
For a prospective franchisee, this means that if you are considering an Area Development Agreement with Deka Lash, you will find the complete agreement, along with any state-specific modifications or additions, in Exhibit C of the FDD. Area Development Agreements are used when a franchisee commits to opening multiple locations within a specific territory.
It is important for potential Deka Lash franchisees to carefully review Exhibit C, including all appendices, with their legal and financial advisors to fully understand their rights and obligations under the Area Development Agreement. This review should include understanding the development schedule, performance milestones, and any specific requirements or restrictions related to the territory granted.