Does the text specify the governing law for The Standardx Confidentiality Agreement?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
Governing Laws.
This Agreement will be governed by and construed in accordance with the laws of the State of New York and the laws of the United States applicable therein.
Jurisdiction.
For the purposes of all legal proceedings, this Agreement will be deemed to have been performed in the State of New York and the courts of the State of New York will have jurisdiction to entertain any action arising under this Agreement.
[ENTITYNAMECAPS] [FRANCHISOR ENTITY]
RIDER TO THE HYATT FRANCHISING, L.L.C. CONFIDENTIALITY AGREEMENT FOR USE IN MARYLAND
- Governing Law. The following sentence is added to the end of Sections 13 and 14 of the Confidentiality Agreement: However, to the extent required by applicable law, Maryland law will apply to claims arising under the Maryland Franchise Registration and Disclosure Law.
[ENTITYNAMECAPS] [FRANCHISOR ENTITY]
RIDER TO THE HYATT FRANCHISING, L.L.C. CONFIDENTIALITY AGREEMENT FOR USE IN NORTH DAKOTA
- Governing Law. The following sentence is added to the end of Sections 13 and 14 of the Confidentiality Agreement: Despite this provision, to the extent required by the North Dakota Franchise Investment Law, North Dakota law will apply to this Agreement.
[ENTITYNAMECAPS] Date: [FRANCHISOR ENTITY]
RIDER TO THE HYATT FRANCHISING, L.L.C. CONFIDENTIALITY AGREEMENT FOR USE IN MINNESOTA
- Governing Law. The following sentence is added to the end of Sections 13 and 14 of the Confidentiality Agreement: Pursuant to Minn. Stat. §80C.21 and Minn. Rule Part 2860.4400J, this Section shall not in any way abrogate or reduce Company's rights as provided for in Minnesota Statutes 1984, Chapter 80C, including the right to submit matters to the jurisdiction of the courts of Minnesota.
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 governing law for the Confidentiality Agreement is specified with some nuances depending on the location of the franchisee.
For most cases, Section 13 of the Confidentiality Agreement states that the agreement will be governed by and construed in accordance with the laws of the State of New York and the laws of the United States applicable therein. Furthermore, for all legal proceedings, the agreement will be deemed to have been performed in the State of New York, and the courts of the State of New York will have jurisdiction to entertain any action arising under the agreement.
However, there are exceptions for franchisees in Maryland, North Dakota, and Minnesota. For Maryland franchisees, a rider adds that Maryland law will apply to claims arising under the Maryland Franchise Registration and Disclosure Law to the extent required by applicable law. Similarly, for North Dakota franchisees, a rider adds that North Dakota law will apply to the agreement to the extent required by the North Dakota Franchise Investment Law. For Minnesota franchisees, a rider adds that the section regarding governing law shall not abrogate or reduce the company's rights as provided for in Minnesota Statutes 1984, Chapter 80C, including the right to submit matters to the jurisdiction of the courts of Minnesota.