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Under what conditions is the addendum an integral part of the Pump It Up Franchise Agreement?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

This Addendum to Pump It Up Franchise Agreement dated Agreement") between Pump It Up Holdings, LLC ("PIU") and ("You") is entered into simultaneously with the execution of the Franchise Agreement. 1. The provisions of this Addendum form an integral part of, and are incorporated into, the Franchise Agreement. This Addendum is being executed because: (A) the offer or sale of a franchise to you was made in the State of New York; (B) you are a resident of the State of New York; and/or (C) the Franchised Business will be located or operated in the State of New York.

Source: Item 23 — RECEIPTS (FDD pages 60–225)

What This Means (2025 FDD)

According to the 2025 Pump It Up Franchise Disclosure Document, the addendum to the Pump It Up Franchise Agreement becomes an integral part of the agreement under specific conditions related to the franchisee's location or residency. For franchisees in New York, Maryland, Washington and Wisconsin, addenda are required and form an integral part of the franchise agreement.

For New York franchisees, the addendum is required if the offer or sale of the franchise was made in New York, if the franchisee is a resident of New York, or if the franchised business will be located or operated in New York. Similarly, addenda are required for franchisees in Maryland, Washington and Wisconsin. These addenda include modifications and clarifications to ensure compliance with state-specific franchise laws.

These addenda modify specific sections of the standard franchise agreement to align with the franchise laws of each state. For example, the Maryland addendum clarifies aspects related to liability releases and the statute of limitations for claims. The Washington addendum addresses restrictions on soliciting or hiring employees and waivers of claims under state franchise law. The Wisconsin addendum addresses the conditions under which the Franchise Agreement can be terminated or not renewed may be affected by the Wisconsin Fair Dealership Law. These state-specific addenda are crucial for ensuring that the franchise agreement complies with local regulations and protects the rights of the franchisee.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.