factual

Where can I find more detailed information about my obligations as a The Standardx franchisee?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

This table lists your principal obligations under the franchise and other agreements. It will help you find more detailed information about your obligations in these agreements and in other items of this disclosure document.

Obligation Section in agreement Disclosure document item
a. Site selection and 1.1, 2.5 and 2.6 of Franchise
7 and 11
acquisition/lease Agreement
Obligation Section Disclosure
in agreement document item
b. Pre-opening purchases/leases 2.1, 2.2, 2.5, 2.7, 3.3, 4.3, 4.4, 5.1, Article 9 and Exhibit B-1 of Franchise Agreement 5, 7, 8 and 11
c. Site development and other pre-opening requirements 2.1 to 2.4 and Exhibit B-3 of Franchise Agreement; Revenue Management Services Program Schedule 5, 7, 8 and 11
d. Initial and ongoing training 3.1, 3.4, 4.2 and 12.4 of Franchise Agreement 5, 6, 7 and 11
e. Opening 2.5 of Franchise Agreement 5 and 11
f. Fees 2.2, 2.5, 3.1, 3.3, 3.4, 4.1, 4.2, 4.4, 4.8, 5.3, 7.5, 8.3, 12.4, 12.8, 13.2, 14.4, 16.1, 16.2 and 16.5 and Articles 3, 6, 9 and 10 and Exhibit B-1 of Franchise Agreement; Franchise Application; 7 of Confidentiality Agreement; Schedules to Central Services Agreement 5, 6, 7, 8 and 11
g. Compliance with standards and policies/operating manual 2.1 to 2.3, 2.6, 3.2, 3.3, 5.1, 5.3, 5.4, 7.4 and 11.2 and Article 4 of Franchise Agreement; Management Company Rider 6, 8, 11, 13, 14 and 15
h. Trademarks and proprietary information 3.2, 5.3 and 16.1 and Article 11 of Franchise Agreement; Confidentiality Agreement; Management Company Rider; 6 of Central Services Agreement 11, 13 and 14
i. Restrictions on 4.1, 4.3, 4.4, 4.5 and 4.6 of Franchise 8, 11 and 16
products/services offered Agreement
j. Warranty and customer 4.3 and 4.5 of Franchise Agreement 8, 12 and 16
service requirements
k. Territorial development and Not applicable Not applicable
sales quotas
l. Ongoing product/service purchases 3.2, 3.3, 4.1, 4.3, 4.4, 4.5, and 4.6 of Franchise Agreement; Schedules to Central Services Agreement 5, 6, 7, 8 and 11
m. Maintenance, appearance and remodeling requirements 3.2, 4.3, 4.4, 4.6, 4.7, 4.8 and 10.2 of Franchise Agreement 8, 11 and 16
n. Insurance Article 9 of Franchise Agreement; 8 of Central Services Agreement 6, 7 and 8
Obligation Section Disclosure
in agreement document item
o. Advertising 4.1, 4.3, 4.5 and Article 5 of Franchise Agreement 6, 8 and 11
p. Indemnification 2.5 and 8.3 of Franchise Agreement; 7 of Confidentiality Agreement; 9 of Central Services Agreement 6
q. Owner’s participation/ management/staffing 3.1, 3.2, 4.2 and 4.6 of Franchise Agreement; Management Company Rider; Revenue Management Services Program Schedule 5, 7, 11 and 15
r. Records and reports 4.3 and 4.7 and Article 7 of Franchise Agreement 6
s. Inspections and audits 4.3, 4.8, 7.4 and 7.5 of Franchise Agreement 6
t. Transfer 12.2 to 12.9 of Franchise Agreement and 8(e) of Confidentiality Agreement; 13 of Central Services Agreement 6 and 17
u. Renewal Article 13 of Franchise Agreement 6 and 17
v. Post-termination obligations 12.4 and Articles 10, 14 and 16 of Franchise Agreement; 6 and 9 of Central Services Agreement 6, 13, 14 and 17
w. Non-competition covenants 4.2, 4.10 and 4.11 of Franchise Agreement 15 and 17
x. Dispute resolution Article 14 of Franchise Agreement; 8 of Confidentiality Agreement; 11 of Central Services Agreement 6 and 17
y. Honoring guest room rates 3.3 and 4.5 of Franchise Agreement 8
z. Guarantor Monetary 12.1 of Franchise Agreement and 15
Threshold Guaranty
aa. Right of first offer Exhibit C of Franchise Agreement 17

Source: Item 9 — Franchisee's Obligations (FDD pages 45–48)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, Item 9 provides a table outlining a franchisee's principal obligations under the franchise and other agreements. This table serves as a roadmap to locate more detailed information about these obligations within the franchise agreement and other items of the disclosure document.

The table in Item 9 lists various obligations, such as site selection, pre-opening purchases, site development, training, fees, and compliance with standards. For each obligation, the table indicates the specific sections in the Franchise Agreement and the corresponding items in the Disclosure Document where further details can be found. For example, information regarding site selection and acquisition/lease obligations can be found in sections 1.1, 2.5, and 2.6 of the Franchise Agreement, as well as items 7 and 11 of the Disclosure Document.

By consulting this table, a prospective The Standardx franchisee can efficiently navigate the legal documents and pinpoint the exact clauses and items that pertain to each of their responsibilities. This allows for a more thorough understanding of what is expected of them and helps in making informed decisions about entering into the franchise agreement. The table covers a wide range of obligations, from initial setup tasks to ongoing operational requirements, ensuring that franchisees have a comprehensive overview of their duties.

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.