What exhibit contains the Franchisee Acknowledgement for Face Foundrie, and in which states is this exhibit not applicable?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit | Franchise Agreement |
|---|---|
| A | Data Sheet |
| B | List of Principals and Operating Partner |
| C | Guaranty, Indemnification and Acknowledgment |
| D | Electronic Funds Withdrawal and Credit Card Authorization |
| E | Personal Covenants |
| F | Telephone Number Assignment Agreement and Power of Attorney |
| G | Lease Rider |
| H | Franchisee Acknowledgement [Not applicable in CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA and WI] |
| I | Employee Non-Disclosure Agreement |
| J | State Addenda |
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the Franchisee Acknowledgement is found in Exhibit H of the franchise agreement. This exhibit is not applicable in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
This means that if you are opening a Face Foundrie franchise in any of those listed states, you will not be required to complete the Franchisee Acknowledgement form. This acknowledgement likely contains clauses where the franchisee confirms they have reviewed the FDD and understand the risks of investing in the franchise.
It is important to note that even if the Franchisee Acknowledgement in Exhibit H is not applicable in certain states, Face Foundrie franchisees in those states may still have similar obligations or acknowledgements required by state-specific addenda or other legal documents. Franchisees should carefully review all documents provided by Face Foundrie and consult with legal counsel to fully understand their rights and obligations.