Where in the Eos Worldwide Franchise Agreement are the mediation and arbitration sections located?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
Claims. Any provision in the Franchise Agreement which requires the Franchisee to consent to a limitation of claims within one year is hereby amended to read the statute of limitations under North Dakota Law will apply in any Franchise Agreement issued in the State of North Dakota.
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to the 2025 Eos Worldwide Franchise Disclosure Document, the location of the mediation and arbitration sections within the franchise agreement can vary based on the franchisee's location. For instance, for franchisees in North Dakota, Sections 20.4 and 20.5 of the Franchise Agreement address dispute resolution, including amendments regarding the location of arbitration or mediation. Similarly, for franchisees in Maryland, the FDD indicates that language is added to Section 20 of the Franchise Agreement concerning dispute resolution.
These modifications highlight that the standard Eos Worldwide Franchise Agreement may be subject to state-specific addenda that alter the original terms. This is a common practice in franchising to ensure compliance with varying state laws and regulations. The FDD emphasizes that the site of arbitration or mediation for North Dakota franchisees must be agreeable to all parties and not remote from the franchisee's place of business.
Prospective franchisees should carefully review Item 22 and any state-specific addenda to fully understand how the mediation and arbitration processes are defined and where they are located within their specific Franchise Agreement. Understanding these clauses is crucial, as they dictate how disputes between the franchisee and Eos Worldwide will be resolved, including the venue and governing laws.