What exhibits are included in the Red Wagon Club disclosure document?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
I have received a disclosure document dated July 19, 2024, that included the following Exhibits: Exhibit A - Franchise Agreement Exhibit B - Sublicense Agreement Exhibit C - State Administrators / Agents for Service of Process Exhibit D - Financial Statements Exhibit F - Form of General Release Exhibit G - Franchisee Lists Exhibit H - Statement Representations and Acknowledgment Exhibit I - Receipts Table of Contents of Operations Manual E
ATTACHMENT A Listing of Ownership Interests
ATTACHMENT B Guaranty and Assumption of Obligations
ATTACHMENT C EFT Authorization Form
Source: Item 22 — CONTRACTS (FDD page 47)
What This Means (2024 FDD)
According to Red Wagon Club's 2024 Franchise Disclosure Document, several exhibits are included. These exhibits cover various aspects of the franchise agreement and related documents. Specifically, Exhibit A is the Franchise Agreement itself, outlining the terms and conditions between Red Wagon Club Franchise, LLC and the franchisee. Exhibit B is the Sublicense Agreement, detailing any sublicense arrangements. Exhibit C lists the State Administrators and Agents for Service of Process, providing contact information for legal and regulatory matters. Exhibit D contains the Financial Statements of the franchisor, offering insights into their financial health. Exhibit F is the Form of General Release, likely used for liability waivers or settlements. Exhibit G includes Franchisee Lists, potentially providing contact information for existing franchisees. Exhibit H is the Statement of Representations and Acknowledgment, where the franchisee confirms certain understandings. Finally, Exhibit I consists of Receipts, documenting the franchisee's acknowledgment of receiving the disclosure documents.
Additionally, there are attachments to the Franchise Agreement. Attachment A provides a listing of ownership interests, clarifying who holds stakes in the franchise. Attachment B is the Guaranty and Assumption of Obligations, where a guarantor agrees to fulfill the franchisee's obligations if they default. Attachment C is the EFT Authorization Form, allowing for electronic funds transfers for payments to Red Wagon Club Franchise, LLC.
Prospective franchisees should carefully review each of these exhibits to fully understand their rights, responsibilities, and the overall legal and financial framework of the Red Wagon Club franchise. Understanding these documents is crucial before entering into a franchise agreement.