What is included in the definition of 'Software' according to the Anago agreement?

According to Anago's 2025 Franchise Disclosure Document, the term "Software" refers to the object code version of any proprietary or third-party software that Anago provides to the Subfranchisor. This software is intended for use in connection with the Subfranchise Business and includes any updates or new versions of the software. However, the definition of "Software" specifically excludes the source code.

In simpler terms, Anago provides franchisees with access to software necessary to run their business, but franchisees only receive the usable, compiled version of the software, not the underlying code used to create it. This is a common practice in franchising and software licensing, as it protects the franchisor's intellectual property and prevents unauthorized modification or reverse engineering of the software.

For a prospective Anago subfranchisee, this means they will rely on Anago for software updates and maintenance. They will not have the ability to customize or alter the software themselves. It is important for potential franchisees to understand the capabilities of the provided software and ensure it meets their business needs, as they will not be able to modify it. Additionally, the franchisee is responsible for obtaining the necessary computer hardware, workstations, and mobile devices required for the operation of the software.