What articles and sections of the Floyds 99 Franchise Agreement outline the franchisee's fee obligations?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
9.2 Additional Franchisor Services. Although not obligated to do so, the Franchisor may make its employees or designated agents available to the Franchisee for on-site advice and assistance in connection with the on-going operation of the FLOYD'S 99 Shop governed by this Agreement. If the Franchisee requests such additional assistance and the Franchisor agrees to provide the same, the Franchisor reserves the right to charge the Franchisee for all travel, lodging, living expenses, telephone charges and other identifiable expenses associated with such assistance, plus a fee based on the time spent by each employee on behalf of the Franchisee, which fee will be charged in accordance with the then current daily or hourly rates being charged by the Franchisor for assistance.
- Initial Franchise Fee. The Franchisee shall pay to the Franchisor an initial franchise fee of $, due and payable in the manner set forth in Section 4.1 of the Agreement.
- 21.2 Payment of Other Obligations.
The Franchisor shall have no liability for the Franchisee's obligations to pay any third parties, including without limitation, banks, other lenders, government agencies, any product vendors, or any sales, use, service, occupation, excise, gross receipts, income, property or other tax levied upon the Franchisee, the Franchisee's property, the FLOYD'S 99 Shop or upon the Franchisor in connection with the sales made or business conducted by the Franchisee (except any taxes the Franchisor is required by law to collect from the Franchisee with respect to purchases from the Franchisor).
- 21.3 Indemnification.
The Franchisee shall indemnify, defend and hold harmless the Franchisor, its subsidiaries, parents and affiliates, and their respective shareholders, equity owners, partners, directors, officers, managers, members, employees, agents, representatives, successors and assigns (the "Indemnified Parties"), against, and to reimburse them for all claims, obligations, fines, suits, proceedings, demands, actions of any kind and nature, and damages described in this Section 21.3, any and all obligations described in Section 21.2 and any and all claims and liabilities directly or indirectly arising out of or is based upon or related to this Agreement, the operation of the FLOYD'S 99 Shop or arising out of all acts and omissions of the Franchisee and its employees related to labor or employment practices, failure to comply with any applicable laws or regulations, or the use of the Marks and Licensed Methods in any manner not in accordance with this Agreement.
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 29–30)
What This Means (2025 FDD)
Based on the 2025 Floyds 99 Franchise Disclosure Document, several sections within the Franchise Agreement address the franchisee's fee obligations. Section 9.2 discusses fees for additional franchisor services, stating that if a franchisee requests on-site assistance, Floyds 99 may charge for travel, lodging, living expenses, telephone charges, and a fee based on the time spent by the employee, according to the franchisor's current rates.
Additionally, Exhibit I to the Franchise Agreement mentions the initial franchise fee in section 3, stating that the franchisee must pay the franchisor an initial franchise fee, with the amount and payment terms outlined in Section 4.1 of the agreement.
Section 21.2 clarifies that Floyds 99 is not liable for the franchisee's obligations to third parties, including banks, lenders, government agencies, vendors, or any taxes levied on the franchisee or the Floyds 99 shop. Section 21.3 further states that the franchisee is responsible for indemnifying Floyds 99 against claims, obligations, and damages related to the agreement, the shop's operation, or the franchisee's acts and omissions, including failure to comply with laws or regulations.