What is the document called that is made and entered into as of the Effective Date in the Focalpoint Coaching Franchise Agreement?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS FRANCHISE AGREEMENT | (this "Agreement") is made and entered into by | ||||||
|---|---|---|---|---|---|---|---|
| and between FOCALPOINT COACHING, INC., a Nevada corporation located at 2831 St. Rose | |||||||
| Parkway, | Suite | 234, | Henderson, , whose principal business address is ("Franchisee") as of the date signed by Franchisor and set forth opposite Franchisor's signature on this Agreement (the "Effective | Nevada | 89052, | ("Franchisor"), | and |
| Date"). |
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, the agreement made and entered into as of the Effective Date is called "THIS FRANCHISE AGREEMENT". The Franchise Agreement is between Focalpoint Coaching, Inc., identified as the Franchisor, and the franchisee. The effective date is determined when the agreement is signed by the Franchisor.
Several state-specific addenda and riders to the Franchise Agreement are included in the FDD. For example, there are addenda for California, Washington, New York, North Dakota, and South Dakota. These addenda modify certain terms of the Franchise Agreement to comply with state laws. These riders and addenda are signed and delivered effective on the Agreement Date.
Prospective Focalpoint Coaching franchisees should carefully review the Franchise Agreement and any applicable state-specific addenda with legal counsel to fully understand their rights and obligations. Understanding the terms of the Franchise Agreement, including payment terms, is crucial before signing.