Under what condition can Anago terminate the advertising fund?

According to Anago's 2025 Franchise Disclosure Document, Anago has the right to terminate the advertising fund at any time. However, the fund will not be terminated until all contributions have been expended. This means that if Anago decides to discontinue the advertising fund, it must first ensure that all the money that has been collected for the fund is used up before the fund is officially terminated.

This condition protects franchisees by ensuring that their contributions to the advertising fund are actually used for advertising and marketing purposes. It prevents Anago from simply shutting down the fund and keeping the remaining money. Franchisees can expect that the contributions made to the fund will be spent as intended, even if Anago decides to terminate the fund.

It is important for prospective Anago franchisees to understand this condition, as it provides some assurance that their advertising fees will be used appropriately. Franchisees should monitor the fund's activities and request the annual statement of operations to ensure that the funds are being spent in accordance with the agreement.