table_specific

On what page of the Dryject FDD is the section about 'Step In Rights' located?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

DAKOTA**

Department of Labor and Regulation Division of Securities 124 S Euclid, Suite 104 Pierre, South Dakota 57501

VIRGINIA

Clerk of the State Corporation Commission 1300 East Main Street Richmond, Virginia 23219

WASHINGTON

Administrator Department of Financial Institutions Securities Division 150 Israel Rd. SW Tumwater, Washington 98501

WISCONSIN

Wisconsin Commissioner of Securities 345 W. Washington Avenue, Fourth Floor Madison, Wisconsin 53703

EXHIBIT C

STANDARD FRANCHISE AGREEMENT FOR DRYJECT MANAGEMENT, LLC

DRYJECT MANAGEMENT, LLC FRANCHISE AGREEMENT

FRANCHISE AGREEMENT

TABLE OF CONTENTS

STATE REGULATORY AUTHORITIES
SOUTH DAKOTA
23. INDEMNIFICATION; INSURANCE 33
24. BUSINESS ORGANIZATION AND PERSONAL GUARANTY(S) 35
25. COVENANTS OF NON-SOLICITATION, NON-DISCLOSURE 36
AND NON-COMPETITION
26. CONFIDENTIALITY 39
27. NON-DISCLOSURE, NON-SOLICITATION
AND NON-COMPETITION AGREEMENTS 40
28. ASSIGNMENT; CONDITIONS AND LIMITATIONS 40
29. DEATH, DISABILITY OR PERMANENT INCAPACITY OF FRANCHISEE 43
30. OPERATION OF FRANCHISED BUSINESS IN THE EVENT OF ABSENCE, 43
INCAPACITY OR DEATH
31. FRANCHISOR RIGHT OF FIRST REFUSAL 44
32. TERMINATION 45
33. STEP IN RIGHTS 49
34. CROSS-DEFAULT 49
35. OBLIGATIONS OF FRANCHISEE UPON TERMINATION OR EXPIRATION 50
36. NOTICES 51
37. DISPUTE RESOLUTION 52
38. REMEDIES 54
39. REMEDIES CUMULATIVE 55
40. LIMITATIONS OF CLAIMS 55
41. INJUNCTIVE RELIEF 56
42. DAMAGES AND WAIVER OF JURY TRIAL 56
43. ENFORCEMENT COSTS AND EXPENSES 57
44. NO RIGHT TO SET OFF 57
45. WAIVER 57
46. CONSENTS 57
--- ------------------------------------------------------ ----
47. JOINT AND SEVERAL OBLIGATION 57
48. GOVERNING LAW; CONSENT TO VENUE AND JURISDICTION 58
49. GOVERNING LANGUAGE 58
50. ENTIRE AGREEMENT; MODIFICATION 58
51. SEVERABILITY 59
52. CONSTRUCTION 59
53. HEADINGS 59
54. GENDER 59
55.

Source: Item 23 — RECEIPT (FDD pages 50–68)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, the section pertaining to 'Step In Rights' is located on page 49. This information is found within a table that outlines various topics and their corresponding page numbers in the document.

'Step In Rights' generally refer to the franchisor's ability to temporarily take over the operations of a franchise under certain circumstances, such as the franchisee's inability to manage the business or failure to comply with the franchise agreement. This is a significant clause for prospective franchisees to understand, as it defines the conditions under which Dryject could assume control of their business.

Prospective Dryject franchisees should carefully review the specific terms and conditions outlined in the 'Step In Rights' section on page 49 to fully understand their obligations and the circumstances that could trigger Dryject's intervention. Understanding these rights is crucial for assessing the level of autonomy a franchisee will have and the potential risks associated with the franchise agreement.

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.
All Dryject 2025 FAQs Ask FDD Ninja