What is the Face Foundrie Franchisee required to do before signing the Franchise Agreement?

Question

Accepted Answer

| 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 |
|-----|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | 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 is the Face Foundrie Franchisee required to do before signing the Franchise Agreement?

Answer from 2025 FDD Document

What This Means (2025 FDD)

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
-----	----	--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
		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?