Does the Bevaris Alliance agreement require prior written consent for public announcements?

According to the 2024 Bevaris Alliance Franchise Disclosure Document, the franchise agreement requires prior written consent from all parties involved before making any public announcement concerning the agreement. This requirement ensures that all public communications related to the Bevaris Alliance franchise are controlled and consistent. However, this consent cannot be unreasonably withheld or delayed by any party.

There are exceptions to this requirement. Consent is not required if the public announcement is mandated by law, any governmental or regulatory authority (including securities exchanges), or any court or other authority with competent jurisdiction. This acknowledges that certain disclosures may be legally required, overriding the consent requirement in the franchise agreement.

This provision is fairly standard in franchise agreements. It protects Bevaris Alliance's brand reputation and ensures that franchisees do not make unauthorized statements that could negatively impact the system. Prospective franchisees should understand that they will need to coordinate with Bevaris Alliance before making any public statements about their franchise agreement or operations, unless a legal obligation exists.