factual

What is the purpose of the Technology Royalty Addendum to the Epcon Communities Franchising, LLC Franchise Agreement?

Epcon_Communities Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT S OF FRANCHISE DISCLOSURE DOCUMENT

TECHNOLOGY ROYALTY ADDENDUM TO EPCON COMMUNITIES FRANCHISING, LLC FRANCHISE AGREEMENT

Source: Item 23 — RECEIPTS (FDD pages 86–280)

What This Means (2025 FDD)

According to the 2025 Epcon Communities Franchise Disclosure Document, Exhibit S is the Technology Royalty Addendum to the Franchise Agreement. The purpose of the Technology Royalty Addendum to Epcon Communities Franchising, LLC Franchise Agreement is not described in the provided excerpts. The excerpts do, however, show that addenda are used to amend and revise the original franchise agreement. Addenda can also be specific to certain states, like Illinois, Maryland, and Virginia. These state addenda modify the franchise agreement to comply with state-specific franchise laws.

Without more information, it is not possible to determine the exact purpose or provisions contained within the Technology Royalty Addendum. It is possible that the addendum outlines the fees, terms, and conditions related to the franchisee's use of Epcon Communities' proprietary technology, but the excerpts do not confirm this.

A prospective Epcon Communities franchisee should carefully review Exhibit S, the Technology Royalty Addendum, within the Franchise Disclosure Document to understand its implications. They should also consult with a franchise attorney to ensure they fully understand their rights and obligations related to technology usage and fees under 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.