What is the term length for a Best In Class Education Center Satellite Office Addendum?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ead these provisions in the agreements attached to this Disclosure Document.**
| THE FRANCHISE RELATIONSHIP | ||
|---|---|---|
| PROVISION S | ||
| a. Length of | FA: 1 (definition of Term) | Term is equal to 5 years. |
| franchise term | & 4.1 | |
| SOA: 6 | Term is concurrent with term of Franchise Agreement. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 37–41)
What This Means (2025 FDD)
According to the 2025 Best In Class Education Center Franchise Disclosure Document, the term length for the Satellite Office Addendum (SOA) is concurrent with the term of the Franchise Agreement. This means the Satellite Office Addendum's term is tied directly to the duration of the main Franchise Agreement.
Specifically, the FDD states that the Franchise Agreement has an initial term of 5 years. Therefore, the Satellite Office Addendum will also last for this same 5-year period, running alongside the Franchise Agreement.
Furthermore, the Satellite Office Addendum can be renewed if the franchisee chooses to renew the Franchise Agreement, maintaining the concurrent nature of the terms. This ensures that the Satellite Office Addendum remains valid only as long as the underlying Franchise Agreement is in effect.