What is the exhibit letter designation for the Lees Famous Recipe Area Development Agreement?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS
- A RESTAURANT LOCATION AND DESIGNATED TERRITORY
- B RESTAURANT LOCATION GENERAL AREA
- C RESTAURANT LEASE ADDENDUM
- D GUARANTY AND ASSUMPTION OF OBLIGATIONS
- E AUTHORIZATION AGREEMENT FOR PRE-AUTHORIZED PAYMENTS
- F FORM CONFIDENTIALITY AGREEMENT
- G AUTHORIZATION TO RELEASE FINANCIAL REPORTS
- H LIST OF OWNERS
Source: Item 22 — CONTRACTS (FDD pages 69–70)
What This Means (2025 FDD)
According to the 2025 Lees Famous Recipe Franchise Disclosure Document, the exhibits include:
Exhibit A: Restaurant Location and Designated Territory Exhibit B: Restaurant Location General Area Exhibit C: Restaurant Lease Addendum Exhibit D: Guaranty and Assumption of Obligations Exhibit E: Authorization Agreement for Pre-Authorized Payments Exhibit F: Form Confidentiality Agreement Exhibit G: Authorization to Release Financial Reports Exhibit H: List of Owners
Based on this list, there is no specific exhibit letter designation for an Area Development Agreement. However, Item 22 mentions that the franchisee agrees to complete the development and open the Restaurant for business within twelve (12) months after the date first stated above, or in accordance with the development obligations as described in the Area Development Agreement, if applicable.
Prospective franchisees should confirm with Lees Famous Recipe the specific exhibit that outlines the Area Development Agreement, if applicable, as it is not explicitly listed in the provided exhibits. This is important for understanding the full scope of obligations and agreements related to area development.