What happens if a provision regarding termination or renewal of the Pearce Bespoke Franchise Agreement is inconsistent with the Illinois Franchise Disclosure Act?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
"To the extent any provision regarding termination or renewal of the Franchise Agreement is inconsistent with the Illinois Franchise Disclosure Act §§ 815 ILCS §§ 705/19 and 705/20, the provisions of these sections of the Act will control."
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the Illinois Franchise Disclosure Act takes precedence over any conflicting provisions in the franchise agreement regarding termination or renewal. Specifically, if any part of the Pearce Bespoke Franchise Agreement concerning termination or renewal is inconsistent with sections 19 and 20 of the Illinois Franchise Disclosure Act, then the stipulations outlined in those sections of the Act will govern the agreement.
For a prospective Pearce Bespoke franchisee in Illinois, this means that the protections and requirements for termination and renewal as defined by Illinois law cannot be overridden by the standard terms of the franchise agreement. This ensures that franchisees are afforded the rights and procedures mandated by Illinois law regarding the termination or renewal of their franchise.
It is important for potential Pearce Bespoke franchisees to carefully review sections 19 and 20 of the Illinois Franchise Disclosure Act to fully understand their rights and obligations concerning termination and renewal. This clause provides an added layer of legal protection, ensuring that the franchisee's rights are aligned with Illinois state law, regardless of what the standard Pearce Bespoke franchise agreement might state.