For what duration does the All Team Funding Agreement automatically renew?

According to All Team's 2025 Franchise Disclosure Document, the Funding Agreement has an initial term of three years. After the initial term, the Funding Agreement automatically renews for additional one-year terms. However, All Team can prevent this automatic renewal by providing the franchisee with written notice of termination. This notice must be given at least 60 days, but no more than 120 days, before the end of the current term.

This renewal structure means that franchisees must remain vigilant about the performance of the Funding Agreement and All Team's intentions. If a franchisee does not want to continue with the Funding Agreement, they may need to proactively communicate with All Team to ensure they do not miss the window for All Team to provide a termination notice. Conversely, All Team has the option to adjust the fees associated with the Funding Agreement upon renewal, providing them with flexibility but potentially increasing costs for the franchisee.

Furthermore, the Funding Agreement can be terminated immediately by All Team if the Franchise Agreement expires or is terminated. This clause links the Funding Agreement directly to the status of the Franchise Agreement, adding another layer of consideration for franchisees. It is also important to note that All Team retains the right to increase any and all fees under the Funding Agreement for any renewal period, which could impact the franchisee's financial planning and profitability.