Which exhibit to the Deka Lash Disclosure Document contains the Franchise 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 |
Source: Item 22 — CONTRACTS (FDD pages 62–63)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the Franchise Agreement is included as Exhibit B. This exhibit also contains schedules related to the Protected Area, Holders of Ownership Interest in the Franchise, and State Addenda.
Prospective franchisees should carefully review Exhibit B, as the Franchise Agreement outlines the contractual obligations, rights, and responsibilities of both the franchisee and Deka Lash. Understanding the terms within this agreement is crucial before making any investment decisions.
Specifically, franchisees should pay close attention to the Protected Area schedule, which defines the geographic territory granted to the franchisee. The Holders of Ownership Interest schedule clarifies who has ownership stakes in the franchise, and the State Addenda addresses any state-specific regulations or requirements that may apply. Reviewing these components of Exhibit B will give franchisees a comprehensive understanding of the legal framework governing their relationship with Deka Lash.