Are payments to Bambu required to be net of any taxes or withholdings?

According to Bambu's 2025 Franchise Disclosure Document, all payments made to Bambu must be in United States Dollars and net of any taxes or withholdings, unless otherwise noted. This requirement extends to payments made under the Multi-Unit Development Agreement as well.

This means that when a franchisee calculates the amount due for royalties, marketing fees, or any other payments to Bambu, they must ensure that the payment is free of any deductions for taxes or other withholdings. The franchisee is responsible for covering any costs associated with currency transfer and exchange fees.

For franchisees operating outside the United States, this could mean additional complexity in ensuring payments are made in U.S. dollars and without any deductions. It is important to consult with financial and legal advisors to ensure compliance with both local and U.S. regulations regarding currency exchange and tax withholdings. Franchisees should also stay informed about the exchange rates published in The Wall Street Journal to accurately calculate payments.