For Deka Lash franchise development, what is the expiration date for the first development period, measured from the effective date?

According to Deka Lash's 2024 Franchise Disclosure Document, the expiration date for the first development period is 24 months from the effective date. This information is part of a table outlining the development schedule for new franchised businesses.

This means a Deka Lash developer has two years from the agreement's effective date to meet the obligations for the first development period. The FDD does not specify the exact obligations for each period, but the table includes columns for the 'Number of New Franchised Businesses Developer Must Open in Development Area' and 'Cumulative Number of Franchised Businesses Developer Must Have Open Within Development Area'. A prospective franchisee should clarify with Deka Lash what specific milestones are required within this 24-month timeframe to remain in compliance with the development agreement.

Subsequent development periods have their own timelines: the second expires 36 months from the effective date, the third expires 48 months from the effective date, the fourth expires 60 months from the effective date and the fifth also has an expiration date measured in months from the effective date. The specific number of months for the fifth period is not provided in the excerpt. Failing to meet the development schedule can lead to termination of the agreement if not cured within 30 days of notice.