What agreements are attached as exhibits to the Satellite Brain Balance Franchise Agreement?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS TO THE FRANCHISE AGREEMENT (Satellite agreement)
Attached as Exhibit 1 to Exhibit B is a copy of the Application License Agreement to be signed in connection with the Franchised Business offered in this Disclosure Document.
Attached as Exhibit 2 to Exhibit B is a copy of the ACH Agreement to be signed in connection with the Franchised Business offered in this Disclosure Document.
Attached as Exhibit 3 to Exhibit B is a copy of the Confidentiality and Non-Competition Agreement to be signed by your employees and all officers, directors, members, and partners who are not Franchisees.
Attached as Exhibit 4 to Exhibit B is a copy of the Conditional Assignment of Telephone Numbers to be signed in connection with the Franchised Business offered in this Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 70–72)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, several exhibits are attached to the Satellite Franchise Agreement. These exhibits provide further details and legal specifications related to various aspects of the franchise operation. Specifically, Exhibit 1 to Exhibit B is a copy of the Application License Agreement.
Exhibit 2 to Exhibit B consists of the ACH Agreement, which likely governs the terms for electronic payments between the franchisee and Brain Balance. Exhibit 3 to Exhibit B is the Confidentiality and Non-Competition Agreement, which must be signed by the franchisee's employees, officers, directors, members, and partners who are not franchisees themselves. This agreement aims to protect Brain Balance's proprietary information and prevent unfair competition.
Finally, Exhibit 4 to Exhibit B is the Conditional Assignment of Telephone Numbers. These attachments ensure that both Brain Balance and the franchisee have a clear understanding of their obligations and rights, and they cover essential operational and legal aspects of the franchise relationship.