What does the 'Addendum' refer to in the My Salon Suite franchise agreement?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT D
TO THE FRANCHISE DISCLOSURE DOCUMENT CONVERSION ADDENDUM
The FRANCHISE AGREEMENT between whose address is at ("Franchisee") and Suite Management Franchising, LLC ("Franchisor") (the "Agreement") shall be amended by the addition of the following language, which shall be considered an integral part of the Agreement as of the date signed by us and set forth opposite our signature on this Addendum (the "Effective Date") (the "Addendum"):
WHEREAS, Franchisee operates an existing salon business (the "Existing Business");
WHEREAS, Franchisee desires to establish a franchise relationship with Franchisor;
WHEREAS, Franchisee desires to obtain the right to convert Existing Business to a My Salon Suite business ("Conversion Franchise") and to operate the Conversion Franchise pursuant to theSystemin accordance with the terms and conditions ofthe Agreement as amended herein;
WHEREAS, the parties acknowledge that, unless otherwise defined in this Addendum, all capitalized defined terms used in this Addendum shall have the same meaning as that attributed to such terms in the Agreement; and
NOW, THEREFORE, in consideration of the undertakings and commitments of each party to the other party set forth herein, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
I. INCORPORATION OF TERMS OF AGREEMENT
This Addendum shall amend and supplement the Agreement simultaneously executed by the parties herein. The terms, covenants, and conditions of this Addendum are incorporated into the Agreement, and with respect to any conflict between the two agreements, the terms of this Addendum shall be controlling with respect to the subject matter thereof.
II. AMENDMENTS TO THE AGREEMENT
The Agreement shall be amended as follows:
-
- The last four (4) sentences of Section 2.B (Approved Location) shall be deleted in their entirety.
-
- Section 3.B (Royalty Fee) of the Agreement shall be supplemented by the following two (2) paragraphs:
Source: Item 23 — RECEIPTS (FDD pages 95–230)
What This Means (2025 FDD)
According to the 2025 My Salon Suite Franchise Disclosure Document, the term 'Addendum' appears in several contexts, each modifying or supplementing the main Franchise Agreement. One specific instance refers to a 'Conversion Addendum,' which applies when a franchisee is converting an existing salon business into a My Salon Suite franchise. This addendum amends the original agreement to incorporate terms specific to the conversion process.
For franchisees converting an existing salon, the Conversion Addendum outlines specific obligations. Within 45 days of signing the agreement and the addendum, the franchisee must make alterations and improvements to meet My Salon Suite standards. This includes replacing signage and trade dress, meeting current system standards, updating written materials, and replacing equipment and software as needed. Franchisees are also responsible for obtaining necessary zoning clearances, permits, licenses, and certifications for operating the Conversion Franchise.
Another type of addendum is the 'Renewal Addendum,' used when a franchisee is renewing their franchise agreement. This addendum modifies the terms of the current franchise agreement to reflect the conditions of the renewal. Additionally, there is a 'State Addendum' that modifies the Franchise Disclosure Document and Franchise Agreement to comply with specific state laws. These addenda ensure that the franchise agreement remains compliant and relevant to the specific circumstances of the franchisee and location.
Prospective franchisees should carefully review all addenda to fully understand their rights and obligations under the My Salon Suite franchise agreement. The presence of multiple addenda highlights the importance of understanding how these modifications affect the original agreement and the franchisee's responsibilities.