Is a sample Transfer Agreement and Consent included as part of the contracts attached to the Belocal Franchise Disclosure Document?

According to Belocal's 2025 Franchise Disclosure Document, a Sample Transfer Agreement and Consent is included as part of the contracts attached to the disclosure document. Specifically, Item 22 lists the contracts attached to the document, which includes a "Sample Transfer Agreement and Consent".

Exhibit H-1 of the Belocal FDD provides an example of the Transfer Agreement and Consent form. The document outlines the agreement between N2 Franchising, Inc. (the Franchisor), the Transferor (current franchisee), the Transferor Principals, the Transferee (new franchisee), and the Transferee Principals. It details the transfer of the franchise agreement from the Transferor to the Transferee, with the Franchisor's consent, effective upon execution.

The sample agreement includes recitals that describe the Transferor's existing franchise agreement, their desire to transfer the agreement and sell business assets to the Transferee, and the Transferee's willingness to assume the obligations under a new franchise agreement. It also states that the Franchisor consents to the transfer, provided all terms and conditions are met. The agreement stipulates that upon execution by Belocal, the Transferor must have paid all outstanding sums, including the transfer fee and any Returnable Commissions.