According to the Aira Fitness Guaranty, who is the Franchisee?

According to the 2025 Aira Fitness Franchise Disclosure Document, the franchisee is identified as the party entering into agreements with Aira Fitness Franchising LLC. This is specified in multiple attachments to the franchise agreement, including the Membership Contract Assignment Agreement and the Telephone Number Assignment Agreement. In these agreements, the franchisee is defined as the party granted the rights to operate an Aira Fitness Business under the Aira Fitness system, pursuant to a Franchise Agreement.

Specifically, the franchisee enters into membership contracts with Aira Fitness Business members, allowing them access to the fitness facilities. As part of the agreement, the franchisee is required to assign their rights, title, and interest in these membership contracts to Aira Fitness in the event of the expiration or termination of the Franchise Agreement. This ensures the continuity and stability of the Aira Fitness Business operations.

Additionally, the franchisee is responsible for acquiring telephone numbers, listings, and directory advertisements to operate their Aira Fitness Business. As a condition of the Franchise Agreement, the franchisee must also assign their rights and interests in these telephone-related assets to Aira Fitness in case of expiration or termination of the agreement. This assignment ensures that Aira Fitness can maintain control over these communication channels for the business.

Furthermore, the franchisee authorizes Aira Fitness Franchising LLC to obtain information from third-party providers associated with the Aira Fitness Business. These providers include landlords, lenders, and other vendors or suppliers. This authorization allows Aira Fitness to gather necessary information related to the operation and financial aspects of the franchisee's business.