factual

For Eos Worldwide franchises in Virginia, what effect do statements, questionnaires, or acknowledgements signed by the franchisee NOT have?

Eos_Worldwide Franchise · 2025 FDD

Answer from 2025 FDD Document

eed 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 sup

Source: Item 22 — CONTRACTS (FDD page 74)

What This Means (2025 FDD)

According to the 2025 Eos Worldwide Franchise Disclosure Document, there are specific protections for franchisees in Virginia. An addendum to the disclosure document under the Virginia Retail Franchising Act states that no statement, questionnaire, or acknowledgment signed by a franchisee can waive claims under Virginia franchise law, including claims of fraud in the inducement. Additionally, these documents cannot disclaim reliance on statements made by Eos Worldwide, its franchise sellers, or anyone acting on their behalf.

This means that even if an Eos Worldwide franchisee signs a document that appears to waive certain rights or acknowledges reliance on specific information, those waivers or acknowledgments are not enforceable under Virginia law to the extent they conflict with the protections afforded by the Virginia Retail Franchising Act. This provision is designed to protect franchisees from inadvertently giving up their legal rights during the franchise commencement process.

This protection supersedes any conflicting terms in the franchise agreement or other related documents. This ensures that the franchisee's rights under Virginia law are preserved, regardless of what other agreements might suggest. Prospective Eos Worldwide franchisees in Virginia should be aware of this provision, as it offers an additional layer of security and recourse in case of disputes or misrepresentations during the franchise sales process.

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.