What exhibits are attached to the Floyds 99 Franchise Agreement?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS
- I. Addendum to Franchise Agreement
- II. Guaranty and Assumption of Franchisee's Obligations
- III. Statement of Ownership
- IV. Electronic Funds Transfer Authorization
- V. Permit, License and Construction Certification
- VI. Consent to Option
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, several exhibits are attached to the Franchise Agreement. These exhibits provide further details and legal specifications related to the franchise operation.
The exhibits include: an Addendum to the Franchise Agreement, which likely contains specific details or modifications to the standard agreement; a Guaranty and Assumption of Franchisee's Obligations, which outlines who will guarantee the franchisee's performance; a Statement of Ownership, detailing the ownership structure of the franchise; an Electronic Funds Transfer Authorization, allowing for automated payments; a Permit, License and Construction Certification, ensuring compliance with legal requirements; and a Consent to Option, related to the franchisor's option to purchase or right of first refusal.
Prospective franchisees should carefully review each of these exhibits with their legal counsel to fully understand their rights and obligations under the Floyds 99 Franchise Agreement. Understanding these documents is crucial before entering into a franchise agreement.