factual

What is the Associate's role in relation to the Floyds 99 franchise?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

Notwithstanding the foregoing, if the laws of the state where the Associate resides prohibit the aforesaid designation of jurisdiction and venue, then such other state's laws shall control.

Source: Item 23 — RECEIPT (FDD pages 58–229)

What This Means (2025 FDD)

Based on the 2025 Floyds 99 Franchise Disclosure Document, the role of an "Associate" is mentioned only in the context of legal jurisdiction and venue. Specifically, if the laws of the state where the Associate resides prohibit the designation of jurisdiction and venue in Colorado, then the Associate's state laws will govern. This suggests that an "Associate" is a party to the franchise agreement, potentially an individual related to or working with the franchisee.

This clause is important for prospective Floyds 99 franchisees because it clarifies which state's laws will apply in legal disputes, particularly if those laws differ from Colorado's. It ensures that the Associate's rights are protected under their state's laws, overriding the standard jurisdiction clause if necessary. This could have significant implications for legal proceedings, depending on the specific laws of the Associate's state.

Without further context, it's difficult to determine the exact nature of the "Associate's" relationship to the franchise. It could refer to a co-owner, a family member involved in the business, or another individual with a vested interest. A prospective franchisee should seek clarification from Floyds 99 regarding who qualifies as an "Associate" and what rights and obligations they have under the franchise 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.