What other documents must a Hydrodog franchisee sign to renew their franchise?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
d agreements. You should read these provisions in the agreements attached to this disclosure document.**
| Provisions | Other Agreement | Summary |
|---|---|---|
| (a) | Section 2.2 | 10 years |
| Length of the Franchise | ||
| Term | ||
| (b) | Section 3.1 | If you are in good standing, you can acquire a |
| Renewal or extension | successor franchise for an additional 10-year | |
| of the term | term on our then current terms and conditions. | |
| (c) Requirements for franchisee to renew or extend | Sections 3.1, 3.3, & 3.4 | The term "renewal" refers to extending our franchise relationship at the end of your initial term and any other renewal or extension of the initial term. Your successor franchise rights permit you to remain as a Franchise after the initial term of your Franchise Agreement expires. You must give us written notice of your election to acquire a successor franchise; maintain possession of the HydroDog Vehicle, or secure a substitute, and being it into compliance with our then-current standards and specification; sign our then-current franchise agreement, which may be materially different except that the Royalties and Marketing Fund Fees will be the same as the prior franchise agreement; pay our then-current fees except an initial franchise fee; sign a general release; and satisfactorily complete any new training and refresher programs we require. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 36–38)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, a franchisee must sign a few documents to renew their franchise agreement. To acquire a successor franchise for an additional 10-year term, a franchisee must provide written notice of their election to acquire a successor franchise.
Additionally, the franchisee must sign Hydrodog's then-current franchise agreement, which may have terms and conditions that differ from the original agreement, although the Royalties and Marketing Fund Fees will remain the same as in the prior franchise agreement. The franchisee must also sign a general release.
These requirements ensure that Hydrodog franchisees are up-to-date with the current standards and legal obligations of the franchise system upon renewal. A prospective franchisee should carefully review the then-current franchise agreement and general release to understand the full scope of their obligations upon renewal.