Does the release apply to claims arising under the Minnesota Franchise Act for Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
In Items 17.c and 17.m of the Franchise Agreement, any releases you sign will not apply to any claims that may arise under the Minnesota Franchise Act.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, any releases signed by a franchisee in Minnesota will not apply to claims arising under the Minnesota Franchise Act. This protection is explicitly stated in the addendum to the franchise agreement for Minnesota franchisees. This ensures that franchisees retain their rights and remedies under Minnesota law, regardless of any general releases they may sign in other contexts, such as during renewal or transfer of the franchise.
This provision is crucial for prospective Floyds 99 franchisees in Minnesota as it safeguards their ability to pursue legal claims under the Minnesota Franchise Act without being hindered by release agreements. The Minnesota Franchise Act provides specific protections to franchisees, and this clause ensures those protections remain intact. This addendum reflects Minnesota's regulatory stance on protecting franchisees' rights within the state.
Furthermore, the Floyds 99 FDD includes additional stipulations for Minnesota franchisees, such as specific notice periods for termination and non-renewal, and prohibitions against certain clauses that might otherwise limit a franchisee's legal recourse. These measures collectively aim to provide a fair and balanced relationship between Floyds 99 and its Minnesota franchisees, aligning with the state's franchise laws and regulations.