Under what circumstances is the Addendum to the Franchise Agreement required for Precision Door Service?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
et independently without reference to this Addendum. Signed on this ___________ day of _________________, 20__. FRANCHISEE: ______________________________________ ___________________________, individually Accepted as of the ________ day of ________________, 20__. FRANCHISOR: Precision Door Service SPV LLC BY: __________________________________
_____________________________, President
the North Dakota Franchise Investment Law, then the applicable provisions of the North Dakota Franchise
Investment Law shall apply."
ADDENDUM TO FRANCHISE AGREEMENT FOR RESIDENTS OF RHODE ISLAND
| This ADDENDUM TO FRANCHISE AGREEMENT is entered into by and between Precision | |
|---|---|
| Door Service SPV LLC, a Delaware limited liability company with an address of 2395 Washington Avenue, | |
| Suite 5, Titusville, Florida 32780 ("Franchisor") and, individually, with an address of | |
| ("Franchisee"). | |
| Agreement (the "Agreement") and wish to amend certain terms of the Agreement. This Addendum is being | WHEREAS, Franchisor and Franchisee have contemporaneously herewith entered into a Franchise |
| signed because (a) the offer or sale of the franchise for the Franchised Business that Franchisee will operate | |
| under the Agreement was made in the State of Rhode Island, and/or (b) Franchise is a resident of Rhode | |
| Island and the Franchised Business will be located in Rhode Island. | |
| which are hereby acknowledged, the Agreement is hereby amended as follows: | NOW, for and in consideration of good and valuable consideration, the receipt and sufficiency of |
| 1. | Notwithstanding anything to the contrary in the Agreement, in the event of a conflict |
| between the provisions of the Agreement and the provisions of this Addendum, the provisions of this | |
| Addendum shall control. The parties agree that the Agreement remains fully effective in all respects except | |
| as specifically modified herein, and all the respective rights and obligations of Franchisee and Franchisor | |
| remain as written unless modified herein. | |
| 2. | Section 14.G.1, Applicable Law and Waiver, and Section 14.H, Venue, are amended by |
| adding: | |
| Island or requiring the application of the laws of a state other than Rhode Island is void as to a claim | Any provision in the franchise agreement restricting jurisdiction or venue to a forum outside Rhode |
| otherwise enforceable under the Rhode Island Franchise Investment Act. | |
| 3. to such provision, that the jurisdictional requirements of the Rhode Island Franchise Investment Act (19 R.I. GEN. Addendum. |
Source: Item 22 — Contracts (FDD pages 91–92)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Precision Door Service requires an addendum to the franchise agreement under specific circumstances related to state franchise laws. One instance is when the offer or sale of the franchise occurs in Rhode Island, or if the franchisee is a resident of Rhode Island and the franchised business will be located there. In these cases, the addendum modifies certain terms of the agreement to comply with the Rhode Island Franchise Investment Act.
Another addendum to the Development Agreement is required when developing in Illinois, to align with the Illinois Franchise Disclosure Act. This addendum ensures that Illinois law governs the franchise agreements, and it addresses specific provisions related to jurisdiction, venue, franchisee rights upon termination or non-renewal, and waivers of compliance with the Illinois Franchise Disclosure Act.
However, Precision Door Service's Schedule D to the Franchise Agreement states that it does not apply to candidates located in, or franchised businesses to be located in, any of the following franchise registration states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI. Therefore, prospective franchisees should carefully review the specific addenda and their applicability based on their location and the location of their franchised business, and consult with legal counsel to ensure full compliance with all applicable state laws.