Which section of the Area Development Agreement regarding limitations of claims is deleted for Face Foundrie franchisees, as required by the North Dakota Franchise Investment Law?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
AN ACTION IN NORTH DAKOTA FOR CLAIMS ARISING UNDER THE NORTH
DAKOTA FRANCHISE INVESTMENT LAW.
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- LIMITATIONS OF CLAIMS. To the extent required by the North Dakota Franchise Investment Law, Section 16.8 of the Area Development Agreement is deleted.
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, Section 16.8 of the Area Development Agreement, which pertains to limitations of claims, is deleted to the extent required by the North Dakota Franchise Investment Law. This deletion is specifically for actions in North Dakota for claims arising under the North Dakota Franchise Investment Law.
This means that Face Foundrie franchisees in North Dakota are not subject to the limitations of claims as outlined in Section 16.8 of the standard Area Development Agreement, to the extent that those limitations would violate North Dakota's franchise laws. This ensures that franchisees in North Dakota retain all the rights and remedies provided to them under North Dakota's franchise laws, without being restricted by conflicting terms in the Area Development Agreement.
Prospective Face Foundrie franchisees in North Dakota should carefully review the Area Development Agreement and this addendum with legal counsel to fully understand their rights and obligations. This ensures they are aware of the protections afforded to them under North Dakota law and how those protections modify the standard terms of the Area Development Agreement.