What exhibits to the Best Brains Franchise Disclosure Document contain the proposed agreements regarding the franchise offering?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
The following exhibits to the disclosure document contain the proposed agreements regarding the franchise offering:
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Schedule 2-Lease Rider
Schedule 3-ACH Authorization Form Schedule 4-Initial Inventory Agreement
Schedule 5-State Law Addenda to the Franchise Agreement
Exhibit C Promissory Notes Exhibit D Option Agreement
Exhibit G Release
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the exhibits containing the proposed agreements regarding the franchise offering are detailed in Item 22, "Contracts." These exhibits include Exhibit B, which is the Franchise Agreement itself, and Schedule 1, outlining the Franchise Location. Additional schedules and exhibits cover various aspects of the franchise relationship.
Specifically, Schedule 2 pertains to the Lease Rider, Schedule 3 covers the ACH Authorization Form, and Schedule 4 details the Initial Inventory Agreement. Schedule 5 includes any State Law Addenda to the Franchise Agreement, ensuring compliance with local regulations. Exhibit C contains Promissory Notes, while Exhibit D includes the Option Agreement. Exhibit G contains the Release.
Prospective franchisees should carefully review each of these exhibits to fully understand their rights and obligations under the Best Brains franchise agreement. Understanding these documents is crucial before signing any binding agreements or making payments to Best Brains.