What is the Brain Balance franchisee assigning to BB Franchising LLC in Exhibit 4, Section 17.04(f)?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
nt.
| Signature | |
|---|---|
| Name (typed/printed) | |
| Date |
BB Franchising LLC 1320 North Route 59, Unit 116 Naperville, IL 60563
Phone: 510-817-2786 Fax: 510-240-1261 Ownership@brainbalancecenters.com www.brainbalance.com
EXHIBIT 4 SECTION 17.04(f) CONDITIONAL ASSIGNMENT OF TELEPHONE NUMBERS
FOR VALUE RECEIVED, the undersigned FRANCHISEE hereby irrevocably assigns the telephone listing and numbers stated below to FRANCHISOR, BB FRANCHISING LLC, upon the following terms and conditions:
-
- This assignment is made pursuant to the terms of that certain Franchise Agreement of event date herewith (hereinafter called the "Agreement") between BB FRANCHISING LLC and FRANCHISEE.
-
- FRANCHISEE shall retain the limited conditional right to use the telephone listing and numbers solely for the transaction and advertising of the Franchised Business (as defined in the "Agreement") while the Agreement remains in full force and effect, but upon expiration and termination of the Agreement for any reason whatsoever, the limited conditional right to use of the telephone listing and numbers by FRANCHISEE shall also expire and/or terminate.
-
- The telephone listing and numbers subject to this assignment are: ___________________ and any other telephone numbers used by FRANCHISEE in the Franchised Business in the future.
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to the 2025 Brain Balance Franchise Disclosure Document, Exhibit 4, Section 17.04(f) outlines the conditional assignment of telephone numbers from the franchisee to BB Franchising LLC. Specifically, the franchisee irrevocably assigns their telephone listing and numbers to Brain Balance. This assignment is tied to the Franchise Agreement and becomes effective upon signing the agreement.
While the Franchise Agreement is active and in full effect, the franchisee retains a limited, conditional right to use the assigned telephone listing and numbers. This use is strictly for transactions and advertising related to the franchised Brain Balance business. However, upon the expiration or termination of the Franchise Agreement, regardless of the reason, the franchisee's right to use the telephone listing and numbers also expires or terminates.
Brain Balance, as the franchisor, has the right to freely transfer this assignment to any person or entity. The assignment benefits all parties who lawfully succeed to the rights or take the place of BB Franchising LLC. The franchisee must also assign any other telephone numbers used in the Franchised Business in the future.