How many required franchise conventions can Body20 personnel miss in a 12-month period before it's considered an Event of Default?

According to Body20's 2025 Franchise Disclosure Document, failing to timely file any periodic report required in the Franchise Agreement or Manuals three or more times in a 12-month period constitutes an Event of Default. This applies whether or not Body20 provides notice of the default or whether the franchisee subsequently cures the default.

While the FDD excerpt specifies the consequences for failing to file periodic reports, it does not explicitly state that missing franchise conventions or events leads to an Event of Default. However, the document does state that franchisees, their Operating Principal, Designated Managers, or any designated representatives must attend franchise conventions, meetings, product shows or demonstrations, and teleconferences ("Events") that Body20 may require periodically in the Manuals or otherwise in writing.

Therefore, it is important for a prospective franchisee to clarify with Body20 the specific consequences of failing to attend required events. This includes understanding whether unexcused absences from these events are considered a breach of the Franchise Agreement and, if so, how many unexcused absences within a 12-month period would constitute an Event of Default. Additionally, prospective franchisees should inquire about the process for requesting excused absences and the criteria Body20 uses to grant such requests.