What attachments are included with the Annex Brands franchise agreement as part of Exhibit B?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B includes the franchise agreement and the following attachments:
Attachment 1 – Initial Franchise Fee Deposit Receipt
Attachment 2 – Continuing Personal Guarantee
Attachment 3 – Designation of Brand, Center Type, Approved Location and Protected Area
Attachment 4 – Transfer of Service Consent and Authorization
Attachment 5 – Collateral Assignment of Lease Attachment 6 – End User Sublicense Agreement
Attachment 7 – International Ocean Program Sales Agency Agreement
Attachment 8 – Internet Policies & Procedures Agreement
Attachment 9 – Electronic Funds Transfer Authorization
Attachment 10 – Authorization for Background Check and Waiver of Liability and Authorization for Release of Information
Attachment 11 – Non-Competition and Non-Solicitation Agreement
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, Exhibit B includes the franchise agreement itself, along with several attachments that detail specific aspects of the franchise relationship. These attachments provide clarity and legally binding terms for various operational and financial elements.
Attachment 1 is the Initial Franchise Fee Deposit Receipt, confirming the franchisee's initial payment towards securing the franchise. Attachment 2 is the Continuing Personal Guarantee, which likely requires the franchisee to personally guarantee the obligations of the business. Attachment 3, Designation of Brand, Center Type, Approved Location and Protected Area, specifies the brand the franchisee will operate under, the type of center, the approved location for the business, and the protected area granted to the franchisee.
Further attachments include Attachment 4, Transfer of Service Consent and Authorization, which allows Annex Brands to manage the transfer of services like phone and internet upon termination or transfer of the franchise. Attachment 5 is the Collateral Assignment of Lease, potentially assigning the lease to Annex Brands as collateral. Attachment 6 is the End User Sublicense Agreement, and Attachment 7 is the International Ocean Program Sales Agency Agreement. Attachment 8 covers the Internet Policies & Procedures Agreement, while Attachment 9 is the Electronic Funds Transfer Authorization, enabling Annex Brands to handle financial transactions electronically. Attachment 10 is the Authorization for Background Check and Waiver of Liability and Authorization for Release of Information, and Attachment 11 is the Non-Competition and Non-Solicitation Agreement, restricting the franchisee's competitive activities during and after the franchise term.