What does Exhibit B of the Dryer Vent Squad Disclosure Document contain?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee agrees that the foregoing covenants and obligations shall also apply to: (a) Franchisee's Owners and that Franchisee's Owners shall each execute and deliver to Franchisor the Franchise Owner Agreement and Individual Guaranty in the form attached to this Agreement as Exhibit 1; and (b) Franchisee's directors, officers, employees and agents where disclosure of the Confidential Information was necessary for the operations of the Franchised Business and where such director, officer, employee and/or agent previously executed and timely delivered to Franchisor the Confidentiality
Agreement in the form attached as Exhibit 3.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
Based on the 2024 Dryer Vent Squad Franchise Disclosure Document, there is no mention of an Exhibit B. However, Exhibit 1 is referenced as the Franchise Owner Agreement and Individual Guaranty, and Exhibit 3 is referenced as the Confidentiality Agreement.
Item 23 includes amendments to the Dryer Vent Squad Franchise Disclosure Document for Hawaii and Illinois. The Hawaii amendment supplements Exhibit J, "FDD Receipts," while the Illinois amendment notes that Illinois law governs the Franchise Agreement.
Since the contents of Exhibit B are not described in the provided excerpts, a prospective franchisee should ask Dryer Vent Squad's franchisor for a full copy of the Franchise Disclosure Document, including all exhibits, to fully understand the franchise agreement and their obligations.