Where can I find the definition of 'Interim Term' within the Body Brain Center FDD?

According to the 2025 Body Brain Center Franchise Disclosure Document, the definition of the term "Interim Term" can be found in Section 4.3 of the agreement. This is according to the definitions provided in Item 23. Franchisees should refer to Section 4.3 to understand the specific meaning and implications of the "Interim Term" within the context of their franchise agreement. Understanding defined terms is crucial for interpreting the rights and obligations outlined in the franchise agreement. Terms like "Intellectual Property", "Know-how", "Losses and Expenses", "Manual", "Marks", "Online Payment Proceeds", "Online Payment Program", "Owner", and "Permitted Transfer" are also defined in Item 23.

Section 4 of the Body & Brain Center franchise agreement generally discusses the term and renewal conditions of the agreement. Specifically, it mentions that the initial term of the agreement is five years, with opportunities for successor agreements if certain conditions are met. These conditions include providing written notice, remaining in good standing, signing the new agreement and a general release, paying a renewal fee of $1,000, and taking any other required actions. The maximum total term, including renewals, is 15 years.

Given that the definition of "Interim Term" is located in Section 4.3, it is likely related to the period between the expiration of the initial or renewal term and the signing of a successor franchise agreement, if applicable. Franchisees should carefully review this section to understand their rights and obligations during this period, as it may have implications for their continued operation of the Body & Brain Center. Understanding the conditions around renewal and what happens during an interim term is vital for long-term planning as a franchisee.