Under what conditions is the Face Foundrie Addendum being signed?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ADDENDUM (the "Addendum") is made and entered into by and between FACE FOUNDRIÉ FRANCHISING L.L.C., a Minnesota limited liability company ("Franchisor") with its principal business address at 6446 Flying Cloud Drive, Eden Prairie, Minnesota 55344, and a ("Franchisee"), whose |
|---|
| principal business address is |
| 1. |
| BACKGROUND. Franchisor and Franchisee are parties to that certain Franchise Agreement |
| dated, 20 (the "Franchise Agreement"). This Addendum is annexed to |
| and forms part of the Franchise Agreement. This Addendum is being signed because |
| (a) Franchisee is a resident |
| of New York and |
| the Facial Bar that Franchisee will operate under the Franchise Agreement will be located or |
| operated in New York; and/or (b) any of the offering or sales activity relating to the Franchise Agreement |
| occurred in New York. |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie Franchise Disclosure Document, the Addendum to the Franchise Agreement is signed under specific conditions related to the location of the Facial Bar or the occurrence of sales activities. The Addendum is triggered when the Face Foundrie Facial Bar will be located in a specific state, such as Maryland, Minnesota, Illinois, or New York. Additionally, the Addendum is required if any offering or sales activity related to the Franchise Agreement took place in one of those states.
These addenda modify certain sections of the standard Franchise Agreement to comply with specific state laws. For example, the Maryland addendum addresses releases, insolvency, forum for litigation, governing law, and limitation of claims, ensuring compliance with the Maryland Franchise Registration and Disclosure Law. Similarly, the Minnesota addendum covers releases, renewal and termination terms, notification of infringement and claims, and forum for litigation, aligning with Minnesota statutes.
For a prospective Face Foundrie franchisee, this means that the terms of their Franchise Agreement may vary depending on the state in which they operate. It is crucial to carefully review the addendum applicable to their specific location to understand any modifications to the standard agreement. This ensures that the franchisee is aware of their rights and obligations under the laws of their state and that Face Foundrie is also in compliance.