Besides the franchise agreement itself, what other documents are considered part of the agreement between Aira Fitness and the franchisee?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
ame: Title: | Signature: Printed Name: | | FRANCHISOR: | Signature: Printed Name: | | AIRA FITNESS FRANCHISING LLC | Signature: Printed Name: | | Signature: Printed Name: Mike Bell Title: CEO | Signature: Printed Name: |
Attachment B to the Franchise Agreement INFORMATION RELEASE CONSENT
The undersigned entered into a Franchise Agreement for the operation of an Aira Fitness Business under a license from AIRA Fitness Franchising LLC. In connection with the Franchise Agreement, I authorize AIRA Fitness Franchising LLC. to discuss with and obtain information from the third party providers for any Aira Fitness Business owned or guaranteed by my Owners (directly or indirectly), including: (1) the landlord of the Aira Fitness Business, (2) any lender providing financing for the Aira Fitness Business or that holds any security interest in any of the assets of the Aira Fitness Business or in the Franchisee (if a corporate entity), and (3) any other vendor orsupplier for the Aira Fitness Business. I authorize such persons to provide information regarding the Aira Fitness Business to AIRA Fitness Franchising LLC.
Name of Entity: FRANCHISEE: (For an individual) Printed Printed Signature: Printed Name: Signature: Printed Name: Signature: Printed Name:
Attachment C to the Franchise Agreement
PERSONAL GUARANTEE AND AGREEMENT TO BE BOUND PERSONALLY BY THE TERMS AND CONDITIONS OF THE FRANCHISE AGREEMENT
In consideration of the execution of the Franchise Agreement by us, and for other good and valuable consideration, the undersigned, for themselves, their heirs, successors, and assigns, do jointly, individually and severally hereby become surety and guarantor for the payment of all amounts and the performance of the covenants, terms and conditions in the Franchise Agreement, to be paid, kept and performed by the franchisee, including without limitation the arbitration and other dispute resolution provisions of the Agreement.
Further, the undersigned, individually and jointly, hereby agree to be personally bound by each and every condition and term contained in the Franchise Agreement, including but not limited to the non-compete provisions in paragraph 11.D, the dispute resolution provision in Section 13, and agree that this Personal Guarantee will be construed as though the undersigned and each of them executed a Franchise Agreement containing the identical terms and conditions of this Franchise Agreement.
The undersigned waives: (1) notice of demand for payment of any indebtedness or non-performance of any obligations hereby guaranteed; (2) protest and notice of default to any party respecting the indebtedness or non-performance of any obligations hereby guaranteed; and (3) any right he/she may have to require that an action be brought against the franchisee or any other person as a condition of liability.
In addition, the undersigned consents and agrees that: (1) the undersigned's liability will not be contingent or conditioned upon our pursuit of any remedies against the franchisee or any other person; and (2) such liability will not be diminished, relieved or otherwise affected by franchisee's insolvency, bankruptcy or reorganization, the invalidity, illegality or unenforceability of all or any part of the Franchise Agreement, or the amendment or extension of the Franchise Agreement with or without notice to the undersigned.
It is further understood and agreed by the undersigned that the provisions, covenants and conditions of this Guarantee will inure to the benefit of our successors and assigns.
| FRANCHISEE: PERSONAL GUARANTORS: | (insert name of entity) | | |----------------------------------------|----------------------------------|--| | Individually | Individually | | | Print Name | Print Name | | | Address | Address | | | City | City | | | State | State | | | Zip Code | Zip Code | | | Telephone | Telephone | | | | | | | % ownership in Franchisee | % ownership in Franchisee | |
| Address | Address | |---------------------------|---------------------------| | City | City | | State | State | | Zip Code | Zip Code |
Attachment D to the Franchise Agreement
MERCHANT ACCOUNT AUTHORIZATION
As a duly authorized signer on the Merchant Account, I authorize Aira Fitness Franchising, LLC ("Company") to initiate monthly Merchant Account debits for payments due or when applicable, apply Merchant Account credits to the same. Said debits may be for Royalty Fees, National Marketing Fund contributions, website fees, yearly maintenance fees, interest, late fees, and any other amounts Franchisee owes to the Company or its affiliates pursuant to the Franchise Agreement between Franchisee and Company, and in amounts required by the Franchise Agreement. The dollar amount to be debited for each debit will vary.
Currently, Company is initiating monthly debits on the first day of every calendar week for payment of the Royalty Fees, National Marketing Fund contributions, website fees, yearly maintenance fees, interest, late fees, and any other amounts then due, unless that day falls on a holiday, in which case the debit will be initiated the following business day. The dates and intervals for initiating debits for amounts due under the Franchise Agreement may be changed upon delivery of notice to Franchisee.
If, at the time of any debit, the Merchant Account does not contain sufficient credit for all amounts then due (Non-Sufficient or Uncollected Funds), I understand that Company shall be entitled to collect interest and late fees as provided in the Franchise Agreement, and to debit same from the Merchant Account once there are sufficient funds to cover it.
Franchisee is responsible for, and shall pay on demand, all costs or fee charged by the Approved Payment Processor holding the account relating to the handling of debits pursuant to this authorization. I understand and authorize all of the above.
| FRANCHISEE: | | |---------------------------------|--| | AUTHORIZING | | | SIGNATURE: | | | | | | PRINT NAME | | | AND | | | TITLE: | | | | | | DATE: | | | BUSINESS | | | ADDRESS: | | | | |
Attachment E to the Franchise Agreement LEASE ADDENDUM
| This | Lease Addendum ("Addendum") dated , 20 , is entered into between |
|---|---|
| ("Landlord"), and | |
| ("Tenant"). | |
| RECITALS | |
| A. | The |
| parties | |
| have | |
| entered | |
| into a Lease | |
| Agreement, | |
| dated | |
| (the "Lease") for the | |
| premises | |
| [Note: | |
| Or | |
| land, | |
| as | |
| applicable for Aira | |
| Fitness | |
| Businesses | |
| that | |
| operate | |
| from | |
| Pods.] located | |
| at | |
| (the "Premises"). | |
| B. |
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to the 2025 Aira Fitness Franchise Disclosure Document, several attachments and agreements are considered part of the overall agreement between Aira Fitness and the franchisee. These include an Information Release Consent (Attachment B), which allows Aira Fitness to obtain information from third-party providers such as landlords, lenders, and vendors.
Another key document is the Personal Guarantee and Agreement (Attachment C), which requires the franchisee and potentially other individuals to be personally bound by the terms and conditions of the Franchise Agreement, including non-compete and dispute resolution provisions. This means that these individuals are held personally liable for the franchisee's obligations.
Additional agreements include the Telephone Number Assignment Agreement (Attachment F) and the Membership Contract Assignment Agreement (Attachment G). These agreements ensure that Aira Fitness retains control over telephone numbers and membership contracts in the event of the franchise agreement's expiration or termination, securing business continuity. Furthermore, any lease addendum is considered part of the agreement, especially concerning remodeling, assignment rights to Aira Fitness, and waivers of liens on the tenant's property.