What is the name of Exhibit H to the Gokhale Method Franchise Agreement?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
I received a disclosure document dated May 15, 2024, that included the following Exhibits:
A. Gokhale Method Franchise Agreement
Exhibit A – Franchise Fee Schedule and Price List
Exhibit B – Approved Formats
Exhibit C – Personal Guarantee
Exhibit D – State Amendments
- B. Table of Contents of Teachers' Manual
- C. Financial Statements
- D. List of Franchisees
- E. List of Franchisees who have left the system
- F. List of State Agencies
- G. State Addenda to the Disclosure Document
- H. Receipt
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Exhibit H is the Receipt. This exhibit is included in the list of exhibits that the franchisee receives along with the disclosure document.
The Receipt serves as an acknowledgement that the prospective franchisee has received the FDD. This is a standard practice in franchising, ensuring that franchisees have access to all the necessary information before entering into an agreement.
It is important for prospective franchisees to carefully review all exhibits, including the Receipt, as they contain important details about the franchise agreement and the franchisor-franchisee relationship. The Receipt also confirms the date on which the FDD was received, which is relevant to the mandatory waiting period before signing the franchise agreement.