factual

How should Exit deliver required communications to a Sales Representative?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

  • b) Notices.

All payments and communications which may be or are required to be given by Sales Representative or EXIT [Trade Name] to the other of them, shall (in the absence of any specific provision to the contrary) be in writing and delivered to Sales Representative or EXIT [Trade Name] at the principal address of EXIT [Trade Name] or the last home address of the Sales Representative that appears in the records of EXIT [Trade Name].

Delivery may be made by prepaid first class mail.

Any payment or communication so delivered shall be deemed to have been received at the time of delivery or mailing, as the case may be.

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, all required payments and communications between Exit and its Sales Representatives must be in writing. Unless otherwise specified, these communications should be delivered to the Sales Representative's last known home address that appears in Exit's records or to Exit's principal address.

Delivery can be made via prepaid first-class mail. Any payment or communication delivered in this manner is considered received at the time of delivery or mailing, depending on the method used.

This process ensures that both Exit and the Sales Representative have a clear record of all communications, which is particularly important for legal and contractual matters. Franchisees should maintain accurate records of all communications sent and received to ensure compliance and avoid potential disputes.

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.