Does the Focalpoint Coaching Franchise Agreement include State Riders, and if so, where can I find them?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a Disclosure Document dated March 11, 2025 that included the following Exhibits: Exhibit A List of State Administrators/Agents for Service of Process Exhibit B Franchise Agreement Exhibit C Financial Statements Exhibit D Operations Manual Table of Contents Exhibit E List of Franchisees Exhibit F State Addenda and Franchise Agreement Riders Exhibit G Form of General Release Exhibit H Franchisee Disclosure Questionnaire Exhibit I Area Representative Addendum to Franchise Agreement Date (Sign, Date and Keep This Copy for Your Records) Prospective Franchisee Authorized Signature
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the Franchise Agreement does include state addenda and franchise agreement riders. Exhibit F of the FDD is the location of these state-specific documents. These riders or addenda modify the standard Franchise Agreement to comply with specific state laws and regulations, as evidenced by the inclusion of addenda for California, Illinois, New York, South Dakota, Virginia, and Washington.
These state addenda address various topics, including waivers, governing law, consent to jurisdiction, and initial fees. For example, the California addendum addresses financial assurance and defers payment of initial fees. The Illinois addendum modifies provisions related to governing law, jurisdiction, and jury trial waivers to comply with the Illinois Franchise Disclosure Act. Similarly, the New York addendum ensures compliance with Article 33 of the General Business Law of the State of New York.
For a prospective Focalpoint Coaching franchisee, it is crucial to carefully review Exhibit F and any state-specific addenda that apply to their location. These addenda can significantly alter the terms of the Franchise Agreement and impact the franchisee's rights and obligations. Understanding these state-specific modifications is essential for making an informed investment decision and ensuring compliance with local laws. Franchisees should pay close attention to provisions regarding fees, waivers, and legal rights, as these can vary substantially from state to state.