What other agreements must an All Team franchisee's assignment be in conjunction with?

According to All Team's 2025 Franchise Disclosure Document, if a franchisee seeks to assign their Processing Agreement, it must be done in conjunction with a corresponding assignment under the Franchise Agreement. This means that the franchisee cannot transfer the Processing Agreement to another party without also transferring the rights and obligations of the original Franchise Agreement.

This requirement ensures that the operational and financial aspects of the All Team franchise remain aligned. The Processing Agreement likely contains terms related to billing, payroll, and other financial services provided by All Team, which are integral to the franchise's operation. Separating the Processing Agreement from the Franchise Agreement could disrupt these essential services and create operational challenges.

For a prospective All Team franchisee, this means that if they decide to sell their franchise, the new owner must also assume the responsibilities and benefits of the Processing Agreement. This could impact the pool of potential buyers, as some may not be willing or able to take on the obligations of both agreements. Franchisees should carefully consider this interconnectedness when planning for the future sale or transfer of their All Team franchise.