Does the All Team Processing Agreement specify any conditions under which ATFC's assignment of the agreement would require the All Team USER's consent?

According to All Team's 2025 Franchise Disclosure Document, the Processing Agreement is fully assignable by ATFC (All Team Franchise Corporation). The agreement does not specify any conditions under which ATFC's assignment of the agreement would require the All Team USER's consent.

However, the Processing Agreement states that it is personal to the USER and shall not be assignable or transferable by the USER, in whole or in part, either voluntarily or by operation of law, except with the prior written consent of ATFC, which consent shall not unreasonably be withheld. Additionally, for all purposes of this Processing Agreement, the transfer of the majority of the equity of USER to persons other than the present owners thereof, or of any substantial portion of the Business in one or more transactions, shall be deemed an assignment of this Processing Agreement requiring such consent.

It is important to note that any assignment must be in conjunction with a corresponding assignment under the Franchise Agreement. The Processing Agreement shall be binding upon and shall inure to the benefit of ATFC and USER, and their permitted successors and assigns.