What is included in Exhibit F-2 of the Deka Lash Disclosure Document?
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 |
| Exhibit D | List of State Administrators |
| Exhibit E | Registered Agents |
| Exhibit F-1 | Franchisor Addendum |
| Exhibit F-2 | Conditional Assignment of Lease and Telephone Number Assignment |
| Exhibit F-3 | Confidentiality and Non-Disclosure Agreement |
| Exhibit F-4 | Automatic Bank Draft Authorization |
| Exhibit F-5 | Deka Lash Closing Acknowledgments |
| Exhibit F-6 | SBA Addendum |
| Exhibit G | List of Current Franchisees |
| Exhibit H | List of Former Franchisees |
Source: Item 22 — CONTRACTS (FDD pages 62–63)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, Exhibit F-2 contains the Conditional Assignment of Lease and Telephone Number Assignment. This exhibit is one of several included in Item 22, which lists the contracts associated with the franchise offering.
The Conditional Assignment of Lease is a legal agreement that allows the franchisor or another party to take over the franchisee's lease under certain conditions, such as if the franchisee defaults on the franchise agreement. The Telephone Number Assignment likely transfers the rights to the studio's phone number to Deka Lash under specific circumstances, ensuring continuity of business operations.
For a prospective Deka Lash franchisee, reviewing these documents is crucial to understand the conditions under which the lease and telephone number can be reassigned. This knowledge helps in assessing the risks and obligations associated with the franchise agreement and ensures a clear understanding of the franchisor's rights in specific situations.