How are 'Wages' defined in the All Team Processing Agreement?

According to All Team's 2025 Franchise Disclosure Document, the Processing Agreement defines "Wages" as the salaries or wages earned by the All Team franchisee's temporary personnel employees for work performed for the franchisee's customers. This definition is important because it establishes the basis for payroll processing services that All Team provides to its franchisees.

For a prospective All Team franchisee, understanding this definition is crucial because it clarifies which earnings are subject to the payroll processing services offered by All Team. It specifically includes salaries and wages earned by temporary personnel working for the franchisee's clients. This definition helps to delineate the scope of All Team's responsibilities in handling payroll matters for these specific employees.

This definition is important in the context of the Processing Agreement, as it directly relates to the financial transactions and obligations between the franchisee (USER) and All Team (ATFC). The accurate calculation and processing of these wages are essential for compliance with labor laws and tax regulations. Franchisees should ensure they understand how this definition applies to their specific business operations and consult with All Team regarding any potential ambiguities or unique situations.