Where can I find the specific provisions of the Epcon Communities franchise agreement mentioned in Item 17?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
This table lists certain important provisions of the franchise and related agreements. You should read these provisions in the agreements attached to this disclosure document.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 55–69)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, Item 17 includes a table that lists important provisions of the franchise and related agreements. The FDD states that you should read these provisions in the agreements attached to the disclosure document. This means that the full text of the franchise agreement, sublicense agreement, market hold agreement, copyright & assignment agreement, and non-disclosure and online information access agreement, including the specific sections mentioned in the tables, are included as exhibits to the FDD.
For example, the table outlines key aspects such as the length of the franchise term, conditions for renewal or extension (if applicable), termination rights for both the franchisee and franchisor, obligations upon termination or non-renewal, and terms related to the transfer of the franchise. The tables also reference the specific article or section within each agreement where these provisions are detailed, such as Section 14 for termination by the franchisor with or without cause in the Franchise Agreement.
Prospective Epcon Communities franchisees should carefully review these referenced sections within the actual agreements to fully understand their rights and obligations. This includes understanding the conditions under which Epcon Communities can terminate the agreement, the franchisee's responsibilities upon termination, and the legal framework governing the franchise relationship, including choice of law and forum for dispute resolution. Because the summaries in the table are not exhaustive, reading the full legal text is essential.