To whom must a Deka Lash franchisee provide written notification of any changes to the information in Schedule 2?

According to the 2024 Deka Lash Franchise Disclosure Document, a franchisee must immediately notify Deka Lash in writing of any changes to the information contained in Schedule 2. Schedule 2 pertains to the holders of ownership interest in the franchise. Furthermore, at Deka Lash's request, the franchisee must prepare and sign a new addendum containing the corrected information.

This requirement ensures that Deka Lash maintains accurate records of the individuals or entities holding ownership interests in each franchise location. This is crucial for legal and administrative purposes, as it allows Deka Lash to know who is authorized to make decisions and receive communications related to the franchise.

For a prospective Deka Lash franchisee, this means that any changes in ownership, such as the addition or removal of partners, must be promptly reported to Deka Lash. Failing to do so could potentially lead to breaches of the franchise agreement and possible legal ramifications. It is also important to maintain detailed records of all communications with Deka Lash regarding these changes, including copies of the written notifications and any addenda signed.