What agreements are included in Exhibit 2(a) of the Aerus Franchise Disclosure Document?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a franchise disclosure document dated May 15, 2025 that included the following exhibits:
State Addenda (California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin)
Exhibit 1 – Financial Statements
Exhibit 2(a) – Franchise Agreement (Standard Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(b) – Franchise Agreement (Associate Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(c) – Beyond Addendum
Exhibit 3 – Secured Promissory Note, Security Agreement and Guaranty
Exhibit 4 – List of State Administrators
Exhibit 5 – List of Agents for Service of Process
Exhibit 6 – List of Aerus Businesses and List of Aerus Businesses Who Have Left the System
Exhibit 7 – Commitment Letter
Exhibit 8 – Manual Table of Contents
Source: Item 22 — Contracts (FDD page 74)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, Exhibit 2(a) includes several key agreements relevant to the Standard Program franchise. Specifically, it contains the Franchise Agreement (Standard Program), which outlines the core terms and conditions of the franchise relationship.
In addition to the primary franchise agreement, Exhibit 2(a) also encompasses the Lease Rider, which likely details the terms related to leasing a location for the Aerus business. This is a common element in franchise agreements where the franchisor assists in securing or managing the lease of the business premises.
Furthermore, the exhibit includes the Software License Agreement, governing the franchisee's right to use Aerus's proprietary software in operating the business. Lastly, the Consigned Products Security Agreement is included, which likely outlines the terms and security interests related to products that Aerus provides to the franchisee on consignment, meaning the franchisee doesn't purchase them outright until they are sold to customers.