What agreement is detailed in Exhibit A of the Bhc Franchise Disclosure Document?

According to Bhc's 2025 Franchise Disclosure Document, Exhibit A contains the Multi-Unit Master Franchise Agreement. This agreement outlines the terms and conditions under which a Master Franchisee is granted the right to operate a Bhc master franchise business within a specific Development Area, utilizing Bhc's trademarks, system, and IP rights.

This agreement is significant because it details the relationship between Bhc and its Master Franchisees, who in turn may offer and sell unit franchises to subfranchisees. The Master Franchise Agreement defines the scope of the Master Franchisee's rights and responsibilities, including the geographic territory, development obligations, and operational standards.

Prospective Master Franchisees should carefully review Exhibit A to understand their obligations to Bhc and their potential subfranchisees. They should also note that, as stated in Item 1, Master Franchisees are required to prepare and disclose a separate disclosure document for prospective subfranchisees, detailing the offer of unit franchises for Bhc Restaurants.