Where can the form of the Security Agreement be found for All Team franchisees?

According to All Team's 2025 Franchise Disclosure Document, the form of the Security Agreement that franchisees are required to sign is found in Exhibit A of the Funding Agreement. All Team retains a security interest in the franchisee's Accounts Receivable until all amounts due are paid. The franchisee is also required to indemnify All Team in the event of any suit resulting from the Funding Agreement, which includes responsibility for paying reasonable attorneys' fees. Any disputes are to be settled by mediation, with the prevailing party entitled to collect reasonable attorney's fees.

This agreement is part of the payroll funding that All Team may offer to franchisees, based on the availability from their lending institutions and the franchisee's creditworthiness. If approved, the franchisee will sign the Funding Agreement, which is attached as Exhibit C. The Funding Agreement has an initial term of 3 years and is automatically renewable for additional 1-year terms.

It is important for prospective All Team franchisees to carefully review both the Funding Agreement (Exhibit C) and the Security Agreement (Exhibit A of the Funding Agreement) to fully understand their obligations and the financial implications of the payroll funding program. Franchisees should pay close attention to the conditions under which All Team retains a security interest in their Accounts Receivable and the potential costs associated with disputes or legal actions.