In the context of the Stretch Zone Franchise Agreement addendum, what do the terms 'we,' 'us,' and 'our' refer to?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS APPROVED LOCATION ADDENDUM is signed on between Stretch Zone Franchising LLC ("we, "us" or "our") and ("you" |
|---|
| or "your"). |
Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)
What This Means (2025 FDD)
According to the 2025 Stretch Zone Franchise Disclosure Document, the terms 'we,' 'us,' and 'our' refer to Stretch Zone Franchising LLC. This definition is specified within the context of an addendum to the Franchise Agreement. This addendum is an agreement signed between Stretch Zone Franchising LLC and the franchisee ('you' or 'your').
This clarification is important for franchisees as it clearly identifies the franchisor entity in any legal or contractual matters pertaining to the franchise agreement and its addenda. Knowing exactly who 'we', 'us', and 'our' refers to avoids ambiguity and ensures that all parties understand their respective rights and obligations under the agreement.
Specifically, the addendum is used to amend the original Franchise Agreement, particularly when a location has been approved for the Franchise Business after the initial agreement was signed. The addendum ensures that any changes or specific details related to the approved location, such as the defined premises and the Limited Protected Territory, are properly documented and take precedence over the original agreement in case of inconsistencies.