What is the Floyds 99 franchisee's responsibility for complying with Anti-Terrorism Laws?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
ime in the Operations Manual, except as such designated business hours are superseded by mall requirements, as applicable, and shall maintain sufficient staffing of licensed employees, supplies of branded products and merchandise and employ adequate personnel at all times so as to operate the Barbershop at its maximum capacity and efficiency.
- 10.2 Anti-Terrorism Representation. Franchisee and its principal shareholders, members or owners ("principals") agree to comply with or to assist Franchisor to the fullest extent possible in Franchisor's efforts to comply with Anti-Terrorism Laws (as defined below). In connection with such compliance, Franchisee and its principals certify, represent, and warrant that none of their respective property or interests are subject to being "blocked" under any of the Anti-Terrorism Laws and that neither Franchisee nor any of its principals are otherwise in violation of any of the Anti-Terrorism Laws. For the purposes of this Section, the term "Anti-Terrorism Laws" shall mean Executive Order 13224 issued by the President of the United States ("Executive Order 13224"), the Terrorism Sanctions Regulations (Title 31, Part 595 of the U.S. Code of Federal Regulations), the Foreign Terrorist Organizations Sanctions Regulations (Title 31, Part 597 of the U.S. Code of Federal Regulations), the Cuban Assets Control Regulations (Title 31, Part 515 of the U.S.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, franchisees must comply with Anti-Terrorism Laws. Floyds 99 franchisees and their principal shareholders, members, or owners must agree to comply with or assist Floyds 99 in complying with Anti-Terrorism Laws. They must certify, represent, and warrant that none of their property or interests are subject to being "blocked" under any Anti-Terrorism Laws and that neither they nor their principals are in violation of these laws.
The term "Anti-Terrorism Laws" includes Executive Order 13224 issued by the President of the United States and the Terrorism Sanctions Regulations. Franchisees are solely responsible for understanding and taking necessary actions to comply with these laws.
Any misrepresentation or violation of Anti-Terrorism Laws by the Floyds 99 franchisee, their principals, employees, or affiliates can lead to immediate termination of the Franchise Agreement and any other agreements with Floyds 99 or its affiliates. This highlights the critical importance of adhering to these laws and ensuring all parties involved do the same.