What portion of Exhibit F-1 is deleted by the California Addendum for Deka Lash?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
Exhibit F-1: That portion of Exhibit F-1 concerning a Franchisor Addendum and Conditional Assignment of Lease is hereby deleted.
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, the California Addendum modifies Exhibit F-1. Specifically, the portion of Exhibit F-1 concerning the Franchisor Addendum and Conditional Assignment of Lease is deleted in its entirety for franchises governed by California's Franchise Investment Law. This means that franchisees in California will not be subject to the standard Franchisor Addendum or the Conditional Assignment of Lease as outlined in the general Exhibit F-1.
This deletion has important implications for prospective Deka Lash franchisees in California. The Franchisor Addendum likely contains standard clauses and agreements that Deka Lash typically requires of its franchisees. The Conditional Assignment of Lease typically outlines the conditions under which the lease of the franchise location might be assigned to the franchisor. By removing these elements, the California Addendum tailors the franchise agreement to comply with California law, which may offer additional protections or different requirements for franchisees.
California franchisees should carefully review the California Addendum in conjunction with the rest of the Franchise Disclosure Document to understand how their rights and obligations differ from those in other states. They should also seek legal counsel to ensure they fully understand the implications of these changes and how they affect their specific franchise agreement. This ensures that California franchisees are fully aware of the specific terms and conditions that apply to their Deka Lash franchise.