What attachments are included in Exhibit B, the Franchise Agreement, for a Baya Bar franchise?

According to Baya Bar's 2024 Franchise Disclosure Document, Exhibit B includes the Franchise Agreement and several attachments. These attachments cover various aspects of the franchise relationship, including intellectual property rights, territory, and legal and financial obligations.

The attachments to the Franchise Agreement consist of documents related to the use of Baya Bar's Marks, the defined Territory granted to the franchisee, a General Release of claims, and an ACH Authorization for payment processing. Additionally, there is a Collateral Assignment of Lease, a Statement of Ownership Interests in Franchisee, Telephone, Internet, and Social Media Listing Assignment Agreements, a Spousal Guaranty, and a Confidentiality and Non-Compete Agreement.

These attachments are legally binding documents that outline the specific rights, responsibilities, and restrictions for both Baya Bar and the franchisee. Prospective franchisees should carefully review each attachment with legal counsel to fully understand their obligations and the potential implications for their franchise operation. Understanding these attachments is crucial before signing the Franchise Agreement to ensure a clear understanding of the franchise relationship.