factual

What exhibits attached to the Floyds 99 Franchise Disclosure Document contain the Development Agreement and Franchise Agreement forms?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

This is a Notice of Restrictive Covenants ("Notice") that Floyd's 99 Franchising, LLC ("Franchisor") requires the undersigned prospective franchisee (the "Prospective Franchisee") and the undersigned Prospective Franchisee's management personnel (which includes, the Principal Manager, Barbershop manager and owners of Prospective Franchisee; collectively, the "Management Personnel") to sign. Prospective Franchisee and Management Personnel have received the following documents:

    1. A Development Agreement ("Development Agreement"), the form of which is attached as Exhibit B to the Franchise Disclosure Document ("FDD").
    1. A Franchise Agreement ("Franchise Agreement"; the Development Agreement and Franchise Agreement are collectively referred to as the "Agreements"), the form of which is attached as Exhibit C to the FDD provided to Prospective Franchisee as noted above. The Agreements were provided to Prospective Franchisee as a condition of purchasing a franchise on __________, 202.
    1. The Nondisclosure and Noncompetition Agreement ("NDA"), a form of which is attached as Exhibit I to the FDD, is provided to the Prospective Franchisee and the Management Personnel.

This Notice is attached to the FDD as Exhibit M. Initial capitalized terms not defined in this Notice have the respective meanings set forth in the Franchise Agreement.

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

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, the Development Agreement form is attached as Exhibit B, and the Franchise Agreement form is attached as Exhibit C. These forms are part of the Franchise Disclosure Document (FDD) provided to prospective franchisees.

Specifically, Exhibit M, the Notice of Restrictive Covenants, references both the Development Agreement and the Franchise Agreement, noting that they are conditions of purchasing a franchise. This notice also mentions that the Nondisclosure and Noncompetition Agreement is attached as Exhibit I to the FDD.

Prospective franchisees should carefully review Exhibits B and C, as they outline the terms and conditions of both the Development Agreement and the Franchise Agreement. Understanding these documents is crucial before making any commitments to Floyds 99.

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.