If the Marble Slab Creamery franchisee is an
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
etail of the Restaurant operated hereunder is important to Franchisee and Franchisor in order to develop and maintain high operating
standards, to increase the demand for the services and products sold by all Marble Slab Creamery franchisees, and to protect Franchisor's reputation and goodwill.
- 5.1 A Franchisee which is a corporation will comply, except as otherwise approved in writing by Franchisor, with the following requirements throughout the term of this Agreement:
- 5.1.1 Franchisee will furnish Franchisor with its Articles of Incorporation, By-laws, other governing documents, any other documents Franchisor may reasonably request, and any amendments thereto.
- 5.1.2 Franchisee will confine its activities exclusively to operating the Restaurant and any other "MARBLE SLAB CREAMERY" restaurants owned and operated by Franchisee pursuant to a validly existing franchise agreement.
- 5.1.3 Franchisee will maintain stop transfer instructions against the transfer on its records of any Equity securities; and will issue no securities upon the face of which does not legibly and conspicuously appear a printed legend in the form reasonably prescribed by Franchisor stating that the transfer of such stock is subject to the terms and conditions of this Agreement.
- 5.1.4 Franchisee will maintain a current list of all owners of record and all beneficial owners of any class of voting securities or securities convertible into voting securities of Franchisee and will furnish the list to Franchisor upon request.
- 5.2 A Franchisee which is a limited liability company will comply, except as otherwise approved in writing by Franchisor, with the following requirements throughout the term of this Agreement:
- 5.2.1 Franchisee will furnish Franchisor with its Articles of Organization, Certificate of Formation, Operating Agreement, Limited Liability Company Agreement, other governing documents, any other documents Franchisor may reasonably request, and any amendments thereto.
- 5.2.2 Franchisee will confine its activities exclusively to operating the Restaurant and any other "MARBLE SLAB CREAMERY" restaurants owned and operated by Franchisee pursuant to a validly existing franchise agreement.
Source: Item 22 — CONTRACTS (FDD page 101)
What This Means (2025 FDD)
According to the 2025 Marble Slab Creamery FDD, if a franchisee is a corporation, they must adhere to specific requirements throughout the term of the Franchise Agreement, unless the franchisor provides written approval otherwise. These requirements include furnishing Marble Slab Creamery with copies of the Articles of Incorporation, By-laws, other governing documents, any other documents Marble Slab Creamery may reasonably request, and any amendments thereto.
Additionally, a corporate Marble Slab Creamery franchisee must confine its business activities exclusively to operating the Restaurant and any other Marble Slab Creamery restaurants owned and operated by Franchisee pursuant to a validly existing franchise agreement. The franchisee is also required to maintain stop transfer instructions against the transfer on its records of any Equity securities and must ensure that any securities issued bear a printed legend, in a form prescribed by Marble Slab Creamery, indicating that the transfer of such stock is subject to the terms and conditions of the Franchise Agreement.
Similarly, if the Marble Slab Creamery franchisee is a limited liability company, they must also comply with specific requirements, unless otherwise approved in writing by the franchisor. These requirements include providing Marble Slab Creamery with copies of its Articles of Organization, Certificate of Formation, Operating Agreement, Limited Liability Company Agreement, other governing documents, any other documents Marble Slab Creamery may reasonably request, and any amendments thereto. The franchisee must also confine its activities exclusively to operating the Restaurant and any other Marble Slab Creamery restaurants owned and operated under a valid franchise agreement and maintain stop transfer instructions against the transfer of any Equity securities, with a legend on the securities indicating transfer restrictions.