In the Minnesota amendment for Dryject, what information is required to complete the 'Agreement Date' field?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| AMENDMENT TO DRYJECT MANAGEMENT, LLC | |
|---|---|
| FRANCHISE AGREEMENT | |
| REQUIRED BY THE STATE OF MINNESOTA | |
| THIS RIDER (the “Rider”) is effective as of _______________________, 20 (the | |
| “Agreement Date”), and amends the Franchise Agreement dated ________, 20 | |
| (the “Agreement”), between DRYJECT MANAGEMENT, LLC (hereinafter referred to as | |
| “DryJect” or “Company”), with its principal office at 307 Lincoln Ave., Hatboro, PA | |
| 19040 and _______________ (“Franchise Owner”), whose mailing address is | |
| _______________. | 1. Precedence and Defined Terms. This Rider is an integral part of, and is incorporated into, the Agreement. Nevertheless, this Rider supersedes any inconsistent or conflicting provisions of the Agreement. Terms not otherwise defined in this Rider have the meanings as defined in the Agreement. 2. Renewal. Sub-section 6(f) of the Agreement is amended by deleting that Subsection in its entirety. |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the Minnesota amendment to the franchise agreement requires two dates to be filled in. The 'Agreement Date' field requires the effective date of the rider, including the year. Additionally, the amendment references the 'Agreement,' which requires the original Franchise Agreement date, including the year, to be entered.
This amendment ensures that Minnesota franchisees are aware of specific protections and regulations under Minnesota law. For example, any release signed as a condition of renewal or transfer will not apply to claims under the Minnesota Franchise Act. Dryject must also comply with Minnesota Statutes regarding termination and nonrenewal notices, providing franchisees with 90 days' notice of termination (with 60 days to cure) and 180 days' notice for nonrenewal, except in certain specified cases.
Furthermore, the amendment addresses litigation, jury trial waivers, and other rights, ensuring that Minnesota franchisees' rights are not diminished by the franchise agreement. Specifically, Dryject is prohibited from requiring litigation outside Minnesota, mandating jury trial waivers, or requiring consent to liquidated damages, termination penalties, or judgment notes. These stipulations reinforce the franchisee's rights and remedies under Minnesota law.