Where can I find the current version of the Management Company Documents for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B-1.
- (c) Revocation of Management Company Approval. If an approved Management Company or Franchisee (if Hyatt approves Franchisee to manage the Hotel) at any time becomes a Competing Brand Owner, fails to attend and successfully complete mandatory training program(s), fails to meet Hyatt's minimum qualifications (as Hyatt may periodically modify them), or fails to comply with this Agreement (including any System Standards and/or, without limiting the terms of Section 4.8 below, if the Hotel remains in any remedial or non-compliant status under Hyatt's then-current Quality Assurance and Compliance Program for three (3) or more consecutive months), the Management Company Documents, or any conditions of operator approval previously imposed by Hyatt, then, without limiting Hyatt's other rights and remedies under this Agreement and applicable law, Hyatt may (i) revoke its approval of the Management Company (or of Franchisee) as the manager of the Hotel or (ii) as a condition of its continued approval, Hyatt may impose on the Management Company (or Franchisee) additional requirements, including participation in remedial
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the current version of the Management Company Documents is attached as Exhibit F. This exhibit contains the Management Company Rider to the Franchise Agreement, which outlines the terms and conditions under which a Management Company will operate The Standardx Brand Hotel.
For a prospective franchisee, this means that if they plan to use a management company to operate their The Standardx hotel, they need to ensure that the management company adheres to the requirements outlined in Exhibit F. This includes signing documents to protect Hyatt's intellectual property rights and agreeing to operate the hotel in compliance with the Franchise Agreement.
It is important for franchisees to carefully review Exhibit F and understand the obligations and responsibilities of the Management Company. Additionally, franchisees should be aware that Hyatt's approval of any Management Company is conditional, and Hyatt may refuse to approve a Management Company that is a Competing Brand Owner.