Under what condition does the Angry Chickz definition of 'Affiliate' exclude the Company or its Affiliate?

According to the 2025 Angry Chickz Franchise Disclosure Document, the definition of 'Affiliate' has specific exclusions related to the Company's ownership interest in a Developer.

Specifically, if Angry Chickz or one of its Affiliates has any ownership interest in a Developer, the term 'Affiliate' will not include or refer to Angry Chickz or that Affiliate, which is termed the 'Company Affiliate'. This means that any obligations or restrictions placed upon an 'Affiliate' of the Developer do not extend to Angry Chickz, the 'Company Affiliate', or their respective parent companies, subsidiaries, officers, directors, or managers.

This distinction is important for prospective franchisees because it clarifies the boundaries of responsibility and liability. It ensures that Angry Chickz maintains its independence and is not bound by the actions or obligations of the Developer's Affiliates, even if Angry Chickz has an ownership stake in the Developer. This separation protects Angry Chickz from potential legal or financial issues that may arise from the Developer's Affiliates, providing a degree of security for the franchise system.

For a potential Angry Chickz franchisee, this definition clarifies that Angry Chickz's obligations and restrictions are separate from those of a Developer in which it holds an interest. This distinction is crucial for understanding the legal and operational relationships within the Angry Chickz franchise network.