Where must arbitration proceedings take place for a Pearce Bespoke franchise in North Dakota?

According to the 2025 Pearce Bespoke Franchise Disclosure Document, the location of arbitration proceedings for a Pearce Bespoke franchise in North Dakota is determined by mutual agreement between the franchisee and Pearce Bespoke. This requirement is stipulated to the extent mandated by the North Dakota Franchise Investment Law (NDFIL).

This means that if a dispute arises that requires arbitration, the franchisee and Pearce Bespoke must agree on a location for the proceedings. This provides some flexibility, potentially allowing for a location that is convenient for both parties. However, reaching a mutual agreement can sometimes be challenging, and disagreements over the location could potentially delay the arbitration process.

It is important for prospective Pearce Bespoke franchisees in North Dakota to understand this provision, as it affects how disputes will be resolved. During the franchise negotiation process, franchisees may want to discuss preferred locations for arbitration to ensure that they are comfortable with the potential options. If a mutual agreement cannot be reached, it is unclear from the FDD what the default location would be, so this should be clarified with Pearce Bespoke before signing the agreement.