table_specific

Which sections of The Standardx agreements specify the choice of law?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
w. Choice of law 14.2 of Franchise Agreement; 8C of Confidentiality Agreement; 11 of Central Services Agreement Except for Federal Arbitration Act and other federal law, and subject to state law, Illinois law applies.

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 75–81)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, the choice of law is specified in multiple agreements. Specifically, Section 14.2 of the Franchise Agreement, Section 8C of the Confidentiality Agreement, and Section 11 of the Central Services Agreement all contain choice of law provisions.

These sections are important because they determine which state's laws will govern the interpretation and enforcement of these agreements. For The Standardx, Illinois law generally applies, except for matters governed by the Federal Arbitration Act, other federal law, and subject to state law. This means that if a dispute arises, the laws of Illinois will be used to resolve the issue, unless federal law or the laws of the franchisee's state specifically apply.

For a prospective franchisee, this is a critical consideration. If a franchisee is located outside of Illinois, they may find themselves subject to Illinois law, which may be different from the laws in their own state. This could have implications for how disputes are resolved and what rights and obligations the franchisee has. It is important for potential franchisees to understand the choice of law provisions and how they may impact their business. Franchisees should consult with a legal professional to fully understand the implications of these provisions.

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.