What information and documentation regarding Cooperative contributions must a Noodles & Company franchisee furnish upon request?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
at our request, you shall furnish us with copies of such information and documentation evidencing your Cooperative contributions as we may require in order to evidence your compliance with Section 10.02 and 10.05;
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to the 2025 Noodles & Company Franchise Disclosure Document, a franchisee must furnish Noodles & Company with copies of information and documentation that evidence Cooperative contributions. This is required to demonstrate compliance with sections 10.02 and 10.05 of the agreement.
This means that Noodles & Company has the right to request proof of a franchisee's contributions to any marketing cooperatives they are a part of. This could include receipts, bank statements, or other financial records that show the amount and timing of payments made to the Cooperative. The purpose is to ensure that franchisees are meeting their obligations to fund local and regional marketing efforts as outlined in the franchise agreement.
For a prospective Noodles & Company franchisee, this highlights the importance of maintaining accurate records of all Cooperative contributions. Failure to provide this documentation upon request could potentially lead to disputes with the franchisor or even a finding of non-compliance with the franchise agreement. It is also important to understand the specific requirements for Cooperative contributions outlined in sections 10.02 and 10.05 to ensure full compliance.