What section of the Jersey Mikes Franchise Agreement covers the franchisee's insurance obligations?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
in other items of the Disclosure Document.
| Obligation | Section in Franchise Agreement or Area Development Agreement | Item in Disclosure Document |
|---|---|---|
| a. |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 32–33)
What This Means (2025 FDD)
According to Jersey Mikes's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, referencing specific sections within the Franchise Agreement and other relevant items in the disclosure document. The table provided in Item 9 details various obligations and their corresponding sections in the Franchise Agreement.
Specifically, the franchisee's insurance obligations are addressed in Section 15 of the Franchise Agreement. This section is further detailed in Items 6, 7, and 8 of the Disclosure Document, which likely provide additional information about the types and amounts of insurance coverage required.
Prospective Jersey Mikes franchisees should carefully review Section 15 of the Franchise Agreement, along with Items 6, 7, and 8 of the FDD, to fully understand their insurance responsibilities. Understanding these obligations is crucial, as failure to maintain adequate insurance coverage could result in a breach of the Franchise Agreement.