Under what condition can Apricot Lane terminate the advertising fund?

According to Apricot Lane's 2025 Franchise Disclosure Document, Apricot Lane maintains the right to terminate the advertising fund. However, the fund cannot be terminated until all the money in the fund has been spent for advertising and promotional purposes.

This means that while Apricot Lane has the authority to end the advertising fund, it must first ensure that all existing funds are used for their intended purpose. This protects franchisees by ensuring that their contributions are fully utilized before the fund is discontinued.

This condition provides a safeguard for franchisees, ensuring that the advertising fund is not terminated prematurely, and that all contributions are used appropriately for advertising and promotional activities. Franchisees should monitor the fund's usage and request annual accountings to ensure transparency and compliance.