factual

What exhibits are included in this Best Brains disclosure document?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

I have received a disclosure document dated May 27, 2025 that included the following Exhibits:

Exhibit A State Administrators and Agents for Service of Process

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 E List of Franchisees

Exhibit F List of Former Franchisees

Exhibit G Release

Exhibit H Financial Statements

Exhibit I State Addenda to the Disclosure Document

Exhibit J State Effective Dates

Exhibit K Receipts

Source: Item 22 — CONTRACTS (FDD page 42)

What This Means (2025 FDD)

According to Best Brains' 2025 Franchise Disclosure Document, several exhibits are included. These exhibits provide detailed information and agreements related to the franchise offering. Specifically, Exhibit A lists the State Administrators and Agents for Service of Process, which is crucial for legal and regulatory compliance. Exhibit B contains the Franchise Agreement, the core contract governing the relationship between Best Brains and the franchisee. Schedules 1 through 5 provide further details, including the Franchise Location (Schedule 1), Lease Rider (Schedule 2), ACH Authorization Form (Schedule 3), Initial Inventory Agreement (Schedule 4), and State Law Addenda to the Franchise Agreement (Schedule 5).

Additional exhibits include Exhibit C, which contains Promissory Notes, and Exhibit D, which outlines the Option Agreement. Exhibit E provides a List of Franchisees, while Exhibit F lists Former Franchisees. Exhibit G includes the Release agreement, and Exhibit H contains the Financial Statements of Best Brains. Exhibit I includes State Addenda to the Disclosure Document, providing state-specific information. Exhibit J lists State Effective Dates, and Exhibit K includes Receipts related to the disclosure document.

Prospective franchisees should carefully review each of these exhibits to fully understand their rights, obligations, and the overall terms of the Best Brains franchise agreement. Understanding these documents is essential before signing any binding agreements or making payments to Best Brains. The exhibits collectively offer a comprehensive view of the legal and financial aspects of the franchise opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.