Does the Aw Disclosure Document include the Franchise Agreement as an exhibit?

According to Aw's 2025 Franchise Disclosure Document, the Franchise Agreement, along with its guaranty and assumption of obligations, is included as an exhibit. Specifically, Exhibit B of the disclosure document contains the Franchise Agreement. Additionally, if the franchisee's state requires an addendum to the Franchise Agreement to account for specific state laws or regulations, that addendum will be found at Exhibit F.

Prospective Aw franchisees should carefully review the Franchise Agreement and any state-specific addenda to fully understand their rights and obligations. This includes understanding the terms of the agreement, conditions for termination, and any clauses related to governing law or dispute resolution. Franchisees should also note that certain provisions, such as those waiving compliance with state franchise laws, may be void or modified by state law, as illustrated by the Illinois addendum.

It is standard practice in the franchise industry to include the Franchise Agreement as an exhibit to the Franchise Disclosure Document. This allows potential franchisees to thoroughly review the agreement with legal counsel before making a final decision. The inclusion of state-specific addenda ensures that franchisees are aware of any local regulations that may impact the franchise agreement.

Aw provides a receipt that lists all included exhibits, including the Franchise Agreement. This receipt serves as confirmation that the franchisee has received all necessary documents for review. Franchisees should ensure they receive and acknowledge all listed exhibits to protect their interests and ensure compliance with disclosure requirements.