What page number in the Dryject FDD contains information about the 'Step In Rights'?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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, | |
| INCAPACITY OR DEATH | |
| 31. FRANCHISOR RIGHT OF FIRST REFUSAL | 44 |
| 32. TERMINATION | 45 |
| 33. STEP IN RIGHTS | 49 |
| 34. CROSS-DEFAULT | 49 |
Source: Item 23 — RECEIPT (FDD pages 50–68)
What This Means (2025 FDD)
According to the 2025 Dryject Franchise Disclosure Document, information regarding 'Step In Rights' can be found on page 49. This is indicated in the table of contents within the FDD. Specifically, Item 33 is titled 'STEP IN RIGHTS' and is listed as being on page 49.
'Step In Rights' typically refer to the franchisor's ability to temporarily take over operations of a franchise under certain circumstances, such as the franchisee's inability to manage the business or failure to comply with brand standards. This allows the franchisor to protect the brand's reputation and ensure continuity of the business.
A prospective Dryject franchisee should carefully review the specific terms and conditions outlined in Item 33 on page 49 to understand the circumstances under which Dryject can exercise its 'Step In Rights', the duration of such intervention, and the franchisee's obligations during that period. Understanding these rights is crucial for any franchisee to be aware of the potential risks and obligations associated with the franchise agreement.