factual

What is the name of the document that amends the Dryject Franchise Agreement in Maryland?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

IN WITNESS WHEREOF, each of the undersigned has executed this Addendum as of the date first stated above.

"FRANCHISOR"
DRYJECT MANAGEMENT, LLC
BY:
OFFICE HELD:
"FRANCHISE OWNER"

MARYLAND ADDENDUM TO FRANCHISE AGREEMENT

This Addendum to Franchise Agreement is effective as of the date Franchisor and Franchise Owner execute the Franchise Agreement, and amends the Franchise Agreement as follows:

Section 7 (a) of the Franchise Agreement is amended by adding the following:

"Based upon the franchisor's financial condition, the Maryland Securities Commissioner has required a financial assurance. Therefore, all initial fees and payments owed by franchisees shall be deferred until the franchisor completes its pre-opening obligations under the Franchise Agreement."

Sections 6(f) and 28(d)(viii) of the Franchise Agreement say that the we may require you to sign a general release of claims as a condition of renewal or transfer of your franchise. Under Maryland law (COMAR 02.02.08.16L), this condition will not apply to any liability under the Maryland Franchise Registration and Disclosure Law.

The Franchise Agreement and the Franchise Compliance Questionnaire are amended as follows:

"All representations requiring prospective franchisees to assent to a release, estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law."

A franchisee may bring a lawsuit in Maryland for claims arising under the Maryland Franchise Registration and Disclosure Law.

Any claims arising under the Maryland Franchise Registration and Disclosure law must be brought within three years after the franchise is granted.

No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

IN WITNESS WHEREOF, each of the undersigned has executed this Addendum as of the date first stated above.

[signatures on the following page]

"FRANCHISOR"
DRYJECT MANAGEMENT, LLC
BY:
OFFICE HELD:
"FRANCHISE OWNER"

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 address is
and
("Franchise
Owner"),
whose
mailing
    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.
    1. Renewal. Sub-section 6(f) of the Agreement is amended by deleting that Subsection in its entirety.
    1. Deferral of Initial Fees.

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, there are two documents that amend the franchise agreement in Maryland. The first is titled "ADDENDUM TO FRANCHISE DISCLOSURE DOCUMENT FOR STATE OF MARYLAND." This document modifies specific items within the Franchise Disclosure Document itself, such as Item 5 regarding the initial fee and Item 17(v) concerning the choice of forum for legal disputes.

The second document is titled "MARYLAND ADDENDUM TO FRANCHISE AGREEMENT." This addendum directly amends the Franchise Agreement. It includes modifications to sections of the agreement, such as Section 7(a) regarding initial fees and payments, and addresses the signing of general releases of claims in Sections 6(f) and 28(d)(viii) in relation to Maryland law.

Both documents aim to ensure that Dryject's franchise operations comply with Maryland's specific franchise laws and regulations. These addenda clarify franchisees' rights and obligations under Maryland law, particularly concerning financial assurances, legal recourse, and waivers of liability.

Prospective Dryject franchisees in Maryland should carefully review both addenda in conjunction with the Franchise Disclosure Document and the Franchise Agreement to fully understand their rights and obligations under Maryland law.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.