table_specific

In the Face Foundrie franchise agreement, how many signature lines are provided for the franchise applicant?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

FACE FOUNDRIÉ FRANCHISING L.L.C. FRANCHISE AGREEMENT EXHIBIT H FRANCHISEE ACKNOWLEDGEMENT

FRANCHISEE ACKNOWLEDGEMENT

THIS DOCUMENT SHALL NOT BE SIGNED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE REGISTRATION/DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.

DO NOT SIGN THE ACKNOWLEDGEMENT IF THE FRANCHISE IS TO BE OPERATED IN, OR YOU ARE A RESIDENT OF, MARYLAND.

As you know, Face Foundrié Franchising L.L.C. ("we", "us" or "our") and you are entering into a Franchise Agreement for the operation of a Face Foundrié franchise. The purpose of this Franchisee Acknowledgement is to determine whether any statements or promises were made to you that we have not authorized or that may be untrue, inaccurate or misleading, to be certain that you have been properly represented in this transaction, and to be certain that you understand the limitations on claims you may make by reason of the purchase and operation of your franchise. Please review each of the following questions carefully and provide honest responses to each question.

Yes No 1. Have you received and personally reviewed the Franchise Disclosure Document ("Disclosure Document") we provided?
Yes No 2. Did you sign a receipt for the Disclosure Document indicating the date you received it, which was at least 14 calendar days before signing the Franchise Agreement?
Yes No 3. Do you understand all the information contained in the Disclosure Document and the Franchise Agreement?
Yes No 4. Have you reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant or other professional advisor?
Yes No 5. Have you discussed the benefits and risks of developing and operating a Face Foundrié franchise with an existing Face Foundrié franchisee?
Yes No 6. Do you understand the risks of developing and operating a Face Foundrié franchise?
Yes No 7. Do you understand the success or failure of your franchise will depend in large part upon your skills, abilities and efforts and those of the persons you employ, as well as many factors beyond your control such as weather, competition, interest rates, the economy, inflation, labor and supply costs, lease terms and the marketplace?
Yes No 8. Do you understand we have only granted you a limited territorial protection against us locating another Facial Bar near your Facial Bar(s) as stated in your Franchise Agreement and that another Face Foundrié franchise, licensee or company-owned Facial Bar may open anywhere outside your limited protected territory.
Yes No 9. Do you understand we and our affiliates retain the exclusive unrestricted right to engage, directly or through others, in the production, distribution and sale of
Yes No 10. Do you understand that the only radius restriction concerning where another
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franchised or company Facial Bar may open is the limited protected territory
specified in your Franchise Agreement?
Yes No 11. Do you understand that most disputes or claims you may have arising out of or
relating to the Franchise Agreement must be litigated in the federal and state
courts located in the district of our principal executive office, or arbitrated at the
office of the American Arbitration Association closest to the location of our
principal executive office?
Yes No 12. Do you understand that you or your Operating Partner must satisfactorily
complete our initial training course before we will allow your Facial Bar to open?
Yes No 13. Has any employee or other person speaking on our behalf, including any broker,
made any statement or promise regarding the costs involved in operating a Face
Foundrié franchise that is not contained in the Disclosure Document or that is
contrary to, or different from, the information contained in the Disclosure
Document?
Yes No 14. Has any employee or other person speaking on our behalf, including any broker,
made any statement or promise or agreement, other than those matters addressed
in the Franchise Agreement, concerning advertising, marketing, media support,
marketing penetration, training, support service or assistance that is contrary to,
or different from, the information contained in the Disclosure Document?
Yes No 15. Has any employee or other person speaking on our behalf, including any broker,
made any statement or promise regarding the actual, average or projected profits
or earnings, the likelihood of success, the amount of money you may earn, or the
total amount of revenue Face Foundrié franchise will generate, that is not
contained in the Disclosure Document or that is contrary to, or different from,
the information contained in the Disclosure Document?
Yes No 16. Do you understand that the Franchise Agreement contain the entire agreement
between us and you concerning the franchise for the Facial Bar, meaning any prior
oral or written statements not set out in the Franchise Agreement will not be
binding?

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

Based on the 2025 Face Foundrie Franchise Disclosure Document, the agreement includes an acknowledgement section for the franchisee to confirm their understanding of the document and the franchise terms. This acknowledgement includes a series of questions, each requiring a 'Yes' or 'No' response, covering topics such as receipt and review of the Franchise Disclosure Document, understanding of the risks and benefits, and confirmation of independent legal and financial review.

Specifically, the Franchisee Acknowledgement section contains 16 questions that the franchisee must review and answer. These questions aim to ensure that the franchisee has received all necessary information, understands the terms of the agreement, and has not relied on any unauthorized promises or statements. The franchisee is advised not to sign the document if the franchise is to be operated in Maryland, or if the offer or sale of the franchise is subject to state franchise registration/disclosure laws in certain states.

While the document includes this detailed acknowledgement section, the provided excerpts do not specify the exact number of signature lines provided for the franchise applicant within the franchise agreement. A prospective franchisee should carefully review the full franchise agreement and related exhibits to determine the precise locations where their signature is required, and should consult with a legal professional to ensure they fully understand the implications of signing the 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.