What is Exhibit A in the Aira Fitness development agreement used to define?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT A TO THE MULTI-UNIT DEVELOPMENT AGREEMENT
DESCRIPTION OF DEVELOPMENT AREA
[Insert description]
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, Exhibit A to the Multi-Unit Development Agreement is used to define the description of the development area. The exhibit includes a space to insert the description of the development area.
This means that for a multi-unit developer, Exhibit A specifies the geographic area where they are authorized to develop Aira Fitness locations. This area is a crucial element of the agreement, as it defines the scope of the developer's rights and responsibilities.
Prospective multi-unit developers should carefully review Exhibit A to ensure that the described development area aligns with their investment and expansion plans. Any discrepancies or concerns should be addressed with Aira Fitness before finalizing the agreement.