What is the required method for sending notices under the agreement for an Extreme Art Studio franchise?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
- (a) Method of Notice. Any notices given under this Owners Agreement shall be in writing and delivered in accordance with the provisions of the Franchise Agreement.
- (b) Notice Addresses. Our current address for all communications under this Owners Agreement is:
Extreme Art Studio Franchising, LLC 7566 Market Place Drive Eden Prairie, MN 55344
The current address of each Owner for all communications under this Owners Agreement is designated on the signature page of this Owners Agreement. Any party may designate a new address for notices by giving written notice to the other parties of the new address according to the method set forth in the Franchise Agreement.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, any notices given under the Owners Agreement must be in writing and delivered in accordance with the provisions of the Franchise Agreement. The franchisor's current address for all communications under the Owners Agreement is Extreme Art Studio Franchising, LLC, 7566 Market Place Drive Eden Prairie, MN 55344. The current address of each Owner for all communications under the Owners Agreement is designated on the signature page of the Owners Agreement.
Any party can designate a new address for notices by providing written notice to the other parties, using the method outlined in the Franchise Agreement. This ensures that all official communications are properly documented and delivered, maintaining a clear record of correspondence between the parties.
Prospective franchisees should carefully review the Franchise Agreement to understand the specific methods for delivering notices, as these methods will govern all communications related to the Owners Agreement. Understanding these requirements is crucial for ensuring compliance and avoiding potential disputes related to notice delivery.