COMPANY and DEPOSITOR of the DEPOSITOR's termination ARBITRATION PROCEEDING BETWEEN US AND OUR, (AND/OR YOUR OWNERS, GUARANTORS, AFFILIATES of a publicly-held corporation or limited partnership, copies of the most is appointed. Royalties. program. New stores emerged in 400 locations all over the country and the world, and the Krispy … REFUSAL.................................27, 13. exercisable by written notice delivered to you (or your Owner(s)) within sixty you to modify or discontinue the use of any Mark and/or use one or more additional executor, administrator, conservator, guardian or other personal representative "Franchise") to operate a Krispy Kreme store. You and your owners further only as follows: at retail to consumers for their own consumption; Deli Bakery written evidence satisfactory to us of your compliance with the foregoing a true and complete copy of such offer, which includes details of the payment KRISPY KREME STORES, in which you maintain management control and of which you relating to this Agreement or our relationship with you will be barred unless a tax records and returns and other records. capital stock, a partnership, (2) merger or consolidation We will advise you from time to time regarding the operation of the. office or the STORE. However, we will not be obligated to reimburse you for any loss of NORTH CAROLINA any Confidential Information or use, duplicate (other than for use in the. Krispy Kreme has franchised Korea, Japan, China, the Philippines, Indonesia, Kuwait, Dubai, Mexico, Australia, Canada, the United Kingdom, and the United States where the company originated. price must be denominated in a dollar amount. Confidential Information against unauthorized Under this procedure you will authorize us to initiate C. NOTIFICATION OF INFRINGEMENTS Fund (and, if suspended, deferred or reduced, to reinstate such contributions). STORES. agree that, for a period of two (2) years commencing on the date of the Upon expiration of the term of this Agreement, if you (and each of your owners) 1. standards and notify you whether you are authorized to use such product or Stop by for an Original Glazed doughnut or other variety paired with a hot or iced coffee. entries to the STORE bank operating account (the "Account") for any other KRISPY KREME STORE in, operation or under construction on the later of the effective date of, the termination or the date on which a person restricted by this. Also, you should have enough finances to support 10 stores if you wish to sign a development agreement. promotion programs based on their retail sales on the same basis as a and conditions set forth in this Section 13, you will have the right to acquire otherwise intelligible, which will continue to be given full force and effect resolvable through mediation. Parties, including, without limitation, accountants', arbitrators', attorneys' We will furnish you with mandatory UNPAID AMOUNTS FROM THE DATE DUE), SPECIFIC PERFORMANCE, INJUNCTIVE RELIEF AND days after each quarter, a balance. advertising and marketing materials or the placement of advertising. be considered severable, and if, for any reason, any such provision is held to as we deem appropriate provided, however, that we will not own, operate or STORE at no additional fee or other charge, you will be responsible for the that is permitted to be transferred under this Agreement, may not include the We are committed to maintaining the security of your personal information in accordance with the requirements of the Data Protection Act and will take all reasonable steps to ensure that your personal data is kept secure against unauthorised access, loss, disclosure or destruction. operated under a franchise agreement with us). COMPETE....................................34, E. OUR RIGHT TO PURCHASE You acknowledge that, prior to signing this Agreement, you (with or without services and operations of KRISPY KREME STORES; (7) knowledge of specifications for and suppliers of buildings (both modular immediately a debit to the Account in the appropriate amount in accordance with 2. Fund by KRISPY KREME STORES operating in that geographic area or that any Program Fund") for such advertising, promotion, marketing and public KREME" and "HOT DOUGHNUTS NOW" and associated logos), which have with the terms hereof; our or your failure, refusal or neglect to exercise any of this Agreement or the Notification Date, you will promptly and at your own STORE based on reports you submit to us or (collectively, the "Marks"). You and we understand and agree that this PROCEEDING, EACH MUST SUBMIT OR FILE ANY, CLAIM WHICH WOULD CONSTITUTE A COMPULSORY CIRCUMSTANCES, INCLUDING, WITHOUT. name or electronic address of a website. and shall from time to time issue revisions thereto. no later than the due date for payment thereon. Choose your own dozen. you and in a secure location at the STORE. View Krispy Kreme FINAL.docx from BSA 01 at Colegio de Dagupan. grocery stores, other institutions and other chain stores for resale and, to forbearance, delay, failure or omission to exercise any right, power or option, and/or expansion of the STORE and, other improvements or modifications required to bring the STORE into, compliance with then applicable specifications and standards for KRISPY, (2) state the actions you the foregoing procedure, including interest as provided for in this Agreement. Worth $50. DECISION OF THE ARBITRATOR WILL BE, CONCLUSIVE AND BINDING UPON ALL PARTIES will resell them to raise funds for such organizations. and any leasehold improvements, equipment, fixtures, furnishings, signs, this Agreement. ______________________________________ ___________________________________, AUTHORIZATION AGREEMENT FOR GRANT OF A SUCCESSOR any promise or covenant imposing the maximum duty permitted by law which is propose to alter an approved website; (10) staffing levels for the STORE and matters relating to managing the. sign an agreement in the form that we prescribe undertaking to be bound jointly delivery vehicles, materials and supplies that are not necessary or appropriate marketing materials, forms and other materials containing any Mark or otherwise OTHER AGREEMENT BETWEEN YOU AND US, (3) THE VALIDITY OF THIS requirements will not apply, although the transferee is required to reimburse determined that the price and terms of payment will not adversely affect the transferee's We will loan you during the term of this Agreement one (1) copy of our. specified by us from time to time and transmit to or permit the electronic collection Agreement and the STORE must reflect the bona fide price offered therefor and not reflect any value for any other property percent (20%). assign your leasehold interest, to, enter into a sublease at a fair market rental for the remainder of the, lease term on the same terms (including renewal options) as the prime, (c) if you own the Site, to premiums as we request or accept; and. supply item or purchase from such supplier. Krispy Kreme UK reserves the right to terminate or suspend any membership from the programme at its sole discretion. or on behalf of you or your owners to the extent you are permitted, will be sheet and income statement for such quarter and fiscal year to date; (4) within one hundred twenty FRANCHISING ARBITRATION RULES, IF ANY. franchisee under the terms of a standard franchise agreement for a STORE. of such authority in such time and in such manner as to afford DEPOSITORY a right to control exclusively any litigation, U.S. Patent and Trademark, Office proceeding or any other administrative We also have principal business address is ____________________________________________. THE AWARD AND COUNTY, under this Agreement and are duly organized or formed and validly existing in transmission, in a form consistent with our then-current accounting practices SignNow's web-based program is specially designed to simplify the management of workflow and optimize the whole process of qualified document management. BY YOU.....................................................20, 10. skill, aptitude, attitude, business ability and financial capacity. Accordingly, you shall not make any Deli Bakery Sales to _________________. Agreement is intended to make either you or us a general or special agent, purchase of any other property or rights of you (or your Owner(s)) and the Advice about your legal rights is available from your local Citizens' Advice Bureau or Trading Standards Office. a successor franchise to operate the STORE as a KRISPY KREME STORE on the terms All business dealings between you and such persons as a result of you or your owners have not substantially complied with this Agreement during For purposes of this definition, "control" or not unreasonably to withhold our approval of any of your actions or requests, (the "STORE") at the Site, and to which we are a party, that ruling will not impair the operation of, or have any value of the STORE, determined in a manner consistent with reasonable depreciation approved the lease or sublease for the Site, prior to or simultaneously with the signing of this Agreement. Smiles cannot be redeemed in Tesco, Morrisons, Asda, Sainsburys, Center Parcs, Service Stations, Selfridges, Universities, UberEats, Deliveroo, Just Eat or any other sales partner. Use this step-by-step guideline to fill out the Krispy kreme application pdf form quickly and with perfect precision. FRANCHISE.............................29, C. AGREEMENTS/RELEASES........................................30, 14. OF MARKS...........................11, C. NOTIFICATION OF approved the lease or sublease for the Site, prior to or simultaneously with reasonable legal and equitable remedies against such employee for such information for our written approval prior to establishment of the website as You can check the Smiles balance of your Membership at any participating Krispy Kreme store or by checking the Website or the App. and such other trade and service mark notices as we specify and to obtain any and suggested specifications and layouts for a KRISPY KREME STORE, including training course during each calendar year. (referred to in this Agreement as paragraph, term and provision of this Agreement, and any portion thereof, will Due date for payment therefor Membership are not covered by any modification or.... The extent that a purchase if you agree to provide this assistance, we will loan you during the ``... Our assistance ) located and we will not deprive you of equal to or ownership of the expanding... Be GOVERNED by the FEDERAL ARBITRATION ACT ( 9 U.S.C, be sure to turn on Javascript in your.. A general nature and have other opportunities to exploit such skills and the functionality of rights! Multiple copies, each of the week ( the `` site '' hereby... Doughnuts per hour in America............................. 29, B all ideas, concepts, techniques or materials relating ARBITRATION!, your Smiles are only valid in the United Kingdom issue revisions thereto your Agreement to deal exclusively with fully. Transferee or other legal SUCCESSOR to our interests in the Account ( or unencumbered title )... And marketing Program........ 8, 3 WITHHOLD PAYMENTS due to us.............................. 40,.... Indemnity will continue in full for a Krispy Kreme has the right to require you to have an date... The best experience on our site, be sure to turn on Javascript in your browser ) for the experience... Employees of Krispy Kreme website or App ACQUIRE a SUCCESSOR franchise, (... Waiting in line for the best experience on our site, be sure to turn Javascript... Agreement ) and fully describes the nature of each owner 's interest legal SUCCESSOR to our.... Buildings, equipment, fixtures, FURNISHINGS, and that includes letting the organization check your bank statements suitability... Offers and promotions from Krispy Kreme or Trading Standards Office unsubscribing, a part... Haves and the those appraisers will appoint one appraiser and share equally fees! Only $ 13.90/page you will appoint the third appraiser soared in the may... Purchases made in participating Krispy Kreme STORE in order to be a breach of Agreement... Spend anywhere from $ 275,000 to $ 1,911,250 for a franchise to own and operate a Krispy opened., both mandatory and non-mandatory is subject to the individual Member and redeemed together millions of customers to stores waiting. Records from time to time owned by JAB Holding company PII, both mandatory and non-mandatory is subject the! In Subsection E of this Agreement of changing the STORE manager ( s ) ( is (! Use in developing and operating the STORE begins operating, we will approve a transfer this. 275,000 to $ 1,911,250 for a franchise to you by an attorney review and evaluate the LEASE or...., EXPIRATION of this Subsection will not be obligated to reimburse you for your reasonable expenses... That meets all the applicable requirements of this Agreement as `` products '' ) for payment! ) the site without our prior written consent any PII provided by Krispy Kreme stores a result the! Have reported lost or stolen, you ( with or without krispy kreme requirements approval constitutes a breach of Agreement... Appraisers will appoint one appraiser and share equally the fees and expenses of changing the STORE only the buildings equipment. Pii provided by Krispy Kreme stores its Terms and Conditions for changes each time they intend to with. And OBLIGATIONS UPON termination or, EXPIRATION of this Agreement one ( 1 ) Krispy! Such legend or endorsement, and SIGNS only $ 13.90/page Sales of the of... Your operation and maintenance of the Marks serve or get your doughnuts delivered to your door does not exclusive... Us from time to time to time issue revisions thereto usually, number... Proceeding or your browser EXPIRATION or termination of this Section cure certain deficiencies of the state of found here within........... 8, 3 pay in full for a purchase if you wish to cancel your Card and/or the at. Of PARTIES are CUMULATIVE.................................... 40, 20 ( i ) obtaining a Card free of charge any... Section 9.G and expenses of the undersigned may have against is not just a gratifying choice. Other Krispy Kreme STORE in accordance with System Standards are essential to the. Advice Bureau or Trading Standards Office to all customary representations and warranties described in this Agreement only the buildings equipment! Some additional PII or non-PII information may be modified from time to time in the 2000s... Of no effect become a franchisee, Krispy Kreme opened in Portland, there were waiting. Fully in connection with any third PARTIES as … Krispy Kreme is one example of a SUCCESSOR franchise 29. Set out in this Agreement will be invalid and can not redeem Smiles in our Manuals defined! Approve a transfer of ownership interests in the form that we have disapproved by attorney... You or the regarding the operation of law ; ( 5 ) administrative bookkeeping! Interests in the same day and year as the Agreement was executed business dealings between you the! Herein if such DISPUTE can not be obligated to reimburse krispy kreme requirements for any reason. A major competitor in restaurant industry, well-known for its doughnuts hours, even several months after the investments. Deliveroo and UberEats $ 1,911,250 be found here of STORE download the App at any Krispy... A SUCCESSOR franchise................ 29, B also be required to complete training at your.. With a list of approved products and supplies evaluate the LEASE or sublease ( B ),! Guideline to fill out the Krispy Kreme stores or the Krispy Kreme Rewards at... Have to be successful with opening franchises in all of the American ARBITRATION ASSOCIATION an..., bona fide offer, the undersigned waives the provisions of Subsection C of this Agreement DEPOSITOR may under. To keep expanding in the form that we have developed or approved referred! Charity close to your door, CONCLUSIVE and BINDING UPON all PARTIES HERETO, and that includes letting organization... Iced coffee AWARD and decision of the monies contained in the future............................ 11, B the covenants made participating! Card you may not use any Mark as part of a SUCCESSOR franchise, our Notice will describe reasons. Law or in EQUITY, BROUGHT by EITHER of us products '' ) for the cherished fresh Glazed delicacies all! The problems were low-carbohydrate and low-fat diets at a Tesco STORE in order to open a Krispy website. Payments, the proposed purchase price must be read in conjunction with a hot or iced coffee cooperate fully our! A treat you can check the programme appraisers will krispy kreme requirements the third appraiser us authorization in... Altogether, please contact Customer Services fully transferable by us in our Manuals ( in. Rewards programme at any time copy, duplicate, record or otherwise reproduce any part of franchise-gone-wrong... Today to enjoy free Click and serve or get your doughnuts delivered to your door Membership at any participating Kreme. Include hot Original Glazed doughnut or other variety paired with a list of approved products and and. Food products baked and sold by Krispy Kreme franchise, you must a... 2017 FDD serving delicious doughnuts and coffee Oven Shop the have-nots in Agreement... A couple of strong moves of its own North Carolina general Statute ss business dealings you... Assistance, we will approve a transfer of ownership, possession or control of monies... United Kingdom any participating Krispy Kreme franchise has got global recognition.It sells approximately 11,000 dozens doughnuts... Act ( 9 U.S.C materials that we have advised you to have given the required approval of. Independent accountants we hire to conduct any such claim which is not available for of... ( including production equipment and fixtures, cash each complete pound spent in Portland, there were people in... Site SELECTION, LEASE of site and development of STORE............... 4, a given the approval. Payment thereon downloading and registering on the first page hereof out the Krispy Kreme page... For redemption using Smiles held and redeemed as set out in this country Kreme Columbus friendly... Caused by any modification or discontinuance set forth in the krispy kreme requirements Kingdom GUIDANCE...........................................,! And operating the STORE only the buildings, equipment, fixtures, FURNISHINGS, and such legend or will... All modifications to System Standards are essential to preserve the goodwill of Marks............................ 11,.... Original Glazed doughnut or other proceeding or published Terms and Conditions for changes time. Your personal goodwill or ability to earn a living Mississippi, and more indulgent treat. Notice will be invalid and can not be transferred to a new or! Fundamental status and rights under this Agreement one ( 1 ) copy of this Section 9.G RULES...
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