What form must an Alloy franchisee and their landlord sign at Alloy's request?

According to Alloy's 2025 Franchise Disclosure Document, Alloy reserves the right to review any lease, sublease, or purchase agreement for the approved site before the franchisee signs it. If Alloy requests, both the franchisee and their landlord must sign Alloy's form of Lease Addendum. This addendum is attached as an appendix to the Franchise Agreement.

This requirement means that prospective Alloy franchisees do not have complete autonomy in negotiating their lease terms. Alloy has the right to review and potentially influence the lease agreement to ensure it aligns with their standards and requirements. The Lease Addendum likely contains provisions that protect Alloy's interests, such as ensuring the franchisee's compliance with Alloy's operational standards and protecting Alloy's brand image.

For a prospective franchisee, this underscores the importance of carefully reviewing the Franchise Agreement and its appendices, including the Lease Addendum, to understand the full scope of obligations and restrictions. Franchisees should factor in the potential for Alloy to request modifications to the lease and should be prepared to work with their landlord to accommodate Alloy's requirements. It would be prudent for potential franchisees to consult with a legal professional to fully understand the implications of the Lease Addendum and how it may affect their rights and responsibilities under the lease agreement.