Where can I find more detailed information about my obligations as an Annex Brands franchisee?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
Attachment 4
TRANSFER OF SERVICE CONSENT AND AUTHORIZATION
On the expiration, termination, non-renewal or transfer of the Franchise for any reason whatsoever, Franchisee hereby irrevocably appoints and designates Franchisor (or any regional licensee) as Franchisee's attorney-in-fact to direct any (1) telephone service provider to change, transfer, and/or terminate any and all listed telephone and fax numbers relating to the Center, and/or (2) Internet service provider or comparable authorities to change, transfer, and/or terminate any email addresses, domain names, email marketing programs, social media platforms, online directory listings, other networking platform listings, or other comparable electronic identities that may use or include the Marks or relate to the Center. Franchisee further specifically authorizes Franchisor (or any regional licensee) to execute any legal document on Franchisee's behalf to carry out the intent of this authorization. Franchisee agrees to provide to Franchisor (or any regional licensee) any other assistance, documentation, or information required to effectuate the transfer of the above noted items.
Franchise Owner: Date Name/Title: Date Name/Title: {FOR USE BY NEW CUSTOMER ONLY} I hereby assume and agree to pay all charges outstanding on the following telephone and fax number(s): or the following domain name(s): or the following email address(es) & email marketing programs: or the following social media or comparable online platform(s) using the Marks: New Customer's Signature Printed Name of New Customer
{PAGE INTENTIONALLY LEFT BLANK}
Attachment 5
COLLATERAL ASSIGNMENT OF LEASE
{Subject to negotiation with Lessor}
Source: Item 9 — Franchisee's Obligations (FDD pages 43–44)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Item 22, titled "Contracts," is the section where you can find detailed information regarding your obligations as an Annex Brands franchisee. This section includes various contracts and attachments that outline the responsibilities and agreements between you (the franchisee) and Annex Brands (the franchisor). These contracts cover different aspects of the franchise relationship, such as transfer of service consent, authorization, and collateral assignment of lease.
Specifically, Attachment 4 details the "TRANSFER OF SERVICE CONSENT AND AUTHORIZATION," which outlines your responsibilities upon the expiration, termination, non-renewal, or transfer of the franchise. In such events, you irrevocably appoint Annex Brands as your attorney-in-fact to manage telephone, fax, internet services, email addresses, domain names, social media platforms, and other online identities related to the center. This ensures a smooth transition of these services and identities back to the franchisor or a new franchisee.
Attachment 5 refers to the "COLLATERAL ASSIGNMENT OF LEASE," which is subject to negotiation with the lessor. This agreement likely outlines the terms under which the lease for the franchise location can be transferred to Annex Brands or another party under certain circumstances. Reviewing these attachments within Item 22 will provide a comprehensive understanding of your contractual obligations as an Annex Brands franchisee.