Does the Extreme Art Rider address any specific geographic limitations for Extreme Art Studio?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
reme Art Studio Business – If a particular site has not been selected and approved at the | | time of signing the Franchise Agreement, we have described the location in general terms below | | ("General Description"). The General Description does not confer any territory rights to you and | | is only used for a reference. We may sell other franchised locations in the area in this General | | Description. The General Description is: |
Once you have received approval of the site location for the initial Extreme Art Studio Business that satisfies the demographics and location requirements minimally necessary for an Extreme Art Studio Business and that meets our minimum current standards and specifications for the build out, interior design, layout, floor plan, signs, designs, color and décor, we will complete Attachment E-1 attached hereto, to specify the Approved Location for your initial Extreme Art Studio Business as provided in Section 1.4 of the Agreement.
- 6. Territory. Once you and we have mutually agreed upon a Territory in conformance with the territory guidelines stated in Item 12 of the Franchise Disclosure Document, we will complete Attachment E-1 to specify the Territory.
- 7. Services Provided by Extreme Art Franchising for the Extreme Art Studio Business. Except as otherwise provided in the Franchise Agreement, we or our designees shall provide the pre-opening and ongoing services set forth in Section 4 of the Franchise Agreement to Franchisee related to its Rider Business.
- 8. Termination, Expiration and Renewal.This Extreme Art Rider and Franchisee's right to operate the Rider Business hereunder shall terminate as of the date of termination or expiration of the Franchise Agreement, or upon a transfer of the Rider Business in compliance with the provisions of the Franchise Agreement, regardless of when this Extreme Art Rider is executed, and shall be subject to the renewal provisions of Section 13 of the Franchise Agreement.
(Signature page follows)
IN WITNESS WHEREOF, the parties have executed and delivered this Extreme Art Rider, to be effective as of the Rider Effective Date.
EXTREME ART STUDIO FRANCHISING, LLC,
a Minnesota limited liability company
| Sign: | |
|---|---|
| Name: | |
| Title: | |
| DATED: | |
| FRANCHISE OWNER | FRANCHISE OWNER |
| (IF YOU ARE A CORPORATION, LIMITED LIABILITY COMPANY, OR PARTNERSHIP): | (IF YOU ARE AN INDIVIDUAL AND NOT A LEGAL ENTITY): |
| (Entity Name) | (Signature) |
| Sign: | (Print Name) |
| Name: | DATED: |
| Title: | |
| DATED: |
ATTACHMENT E-1
TO THE EXTREME ART RIDER
| (Signature page follows) |
|---|
| You and we have mutually agreed upon a Territory for the Rider Business. The Territory for your Rider |
| Business, as provided in Section 1.5 of the Agreement is defined as a four-mile radius around the physical |
| studio location address; |
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, the Extreme Art Rider does address geographic limitations. Once Extreme Art Studio and the franchisee mutually agree upon a territory, which must conform to the guidelines outlined in Item 12 of the FDD, Attachment E-1 will specify the territory.
Extreme Art Studio will not establish, operate, or franchise any other entity to operate an Extreme Art Studio Business using the Marks and System within the franchisee's territory, provided the franchisee is in full compliance with all agreements. The territory is defined as the specific geographic area designated for the Extreme Art Studio Business, described in terms of contiguous zip codes, street boundaries, and county boundaries, or depicted on a map included on Attachment B-1 or the applicable Extreme Art Rider.
However, Extreme Art Studio retains certain rights, including the right to establish and operate other Extreme Art Studio Businesses or businesses offering On the Go Services outside the franchisee's territory. They also reserve the right to operate similar businesses under different trade names and to use the Marks and System to sell products or services through alternative channels of distribution, such as retail locations, television, mail order, or the Internet, within or outside the territory.