What schedules are included as part of the Auntie Annes Franchise Agreement?

According to Auntie Annes's 2024 Franchise Disclosure Document, the following schedules are included as part of the Auntie Annes Franchise Agreement, which is attached as Exhibit B: Schedule A - Franchise Specific Terms, Schedule B - Personal Covenants, Schedule C - Guaranty of Payment and Performance, Schedule D - State Law Addendum (If Required), and Schedule E - Multi-Unit Addendum. These schedules provide additional details and specifications related to the franchise agreement.

Schedule A outlines the specific terms of the franchise, while Schedule B focuses on the personal covenants that the franchisee must adhere to. Schedule C provides a guarantee of payment and performance, ensuring that the franchisee meets their financial and operational obligations. Schedule D includes any state-specific legal requirements that may apply to the franchise agreement. Lastly, Schedule E is applicable for franchisees who are planning to operate multiple units, outlining the additional terms and conditions for multi-unit operations.

For a prospective Auntie Annes franchisee, understanding these schedules is crucial as they contain important details that supplement the main franchise agreement. It is important to carefully review each schedule to fully understand the obligations, responsibilities, and rights associated with the franchise. Schedule A is particularly important as it defines the specific terms applicable to the franchise location. Franchisees should also pay close attention to Schedule D to ensure compliance with state laws. Schedule E is relevant for those interested in expanding their operations with multiple Auntie Annes locations.