What is the fee to attend the Aw Annual Conference called?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
Each year during the term of this Agreement, you, a Principal Owner and/or your Operating Manager must attend our Annual Conference for franchisees if we hold such a conference. We may charge you a fee to attend the conference ("Annual Conference Registration Fee"). In addition, you are responsible for all travel expenses incurred by you, your Owners and/or Operating Manager in attending the conference. This provision does not obligate us to hold an Annual Conference of franchisees each year. If an Annual Conference is not held, you are not obligated to pay the Annual Conference Registration Fee. If you fail to attend any Annual Conference during the term of this Agreement, you remain obligated to pay the Annual Conference Registration Fee. We may require you to attend separate training, in addition to any other rights and remedies available to us, for your breach of this provision.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, if Aw holds an annual conference, franchisees must attend, and Aw may charge a fee to attend the conference, which is referred to as the "Annual Conference Registration Fee." Franchisees are also responsible for all travel expenses incurred to attend the conference. However, Aw is not obligated to hold an annual conference each year, and if a conference is not held, franchisees are not required to pay the Annual Conference Registration Fee.
It's important to note that even if a franchisee fails to attend the Annual Conference, they remain obligated to pay the Annual Conference Registration Fee. Failure to attend the conference may also result in Aw requiring the franchisee to attend separate training, in addition to any other rights and remedies available to Aw for breach of the agreement.
This means that as a prospective Aw franchisee, you should budget for the Annual Conference Registration Fee and travel expenses each year, even if you are unable to attend the conference. You should also be aware that failure to attend the conference could result in additional training requirements and other penalties.