In the context of the agreement, who is considered the 'Developer' for Aira Fitness?

According to the 2025 Aira Fitness Franchise Disclosure Document, the 'Developer' in the context of the Multi-Unit Development Agreement is the individual or company that enters into the agreement with Aira Fitness Franchising, LLC to develop multiple franchise locations. This is clarified in several addenda to the Multi-Unit Development Agreement across different states. Specifically, the addenda include signature lines for both Aira Fitness Franchising, LLC and the Developer, with a space to insert the individual name or company acting as the Developer.

This means that the Developer is the party responsible for fulfilling the obligations outlined in the Multi-Unit Development Agreement, such as opening a certain number of Aira Fitness locations within a specified timeframe. The Developer is also subject to the terms and conditions of the agreement, including those related to fees, transferability, and post-termination covenants. The addenda to the agreement often address specific state laws that may modify or supersede certain provisions of the agreement.

For a prospective Aira Fitness franchisee considering a multi-unit development, it is crucial to understand the full scope of responsibilities and obligations associated with being a Developer. This includes carefully reviewing the Multi-Unit Development Agreement and any state-specific addenda to ensure compliance with local laws and regulations. It is also important to note that the Developer's financial capabilities and operational expertise will be key factors in successfully meeting the development schedule and performance targets outlined in the agreement.

In summary, the Developer is the individual or company contracting with Aira Fitness to establish multiple franchise units, bearing the responsibilities and reaping the benefits as defined in the Multi-Unit Development Agreement, as amended by any applicable state-specific addenda.