factual

What is the term length of the Application License Agreement for a Brain Balance franchise?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

You must license the Software/Application required for your Center by executing the Application License Agreement attached as Exhibit 1 to Exhibit A (Franchise Agreement) and as Exhibit 1 to Exhibit B (Satellite Franchise Agreement) when you execute your Franchise Agreement. The Application performs administrative functions for your Center, including collection of data relating to your customers and transmission of the data to our research facility affiliate.

The Application License Agreement requires payment to us of an initial license fee and annual maintenance fees and its term is for the term of the Franchise Agreement. The Application License Agreement entitles you to multiple users at your Center.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEM, AND TRAINING (FDD pages 36–47)

What This Means (2025 FDD)

According to the 2025 Brain Balance Franchise Disclosure Document, franchisees must license the required software/application for their center by executing the Application License Agreement. This agreement is attached as Exhibit 1 to Exhibit A (Franchise Agreement) and as Exhibit 1 to Exhibit B (Satellite Franchise Agreement) when the Franchise Agreement is executed.

The Application License Agreement's term length is directly tied to the term of the Franchise Agreement. This means that the Application License Agreement remains in effect for as long as the franchisee's Franchise Agreement is valid.

This agreement grants the franchisee the right to have multiple users on the application at their Brain Balance center. The application performs administrative functions for the center, including collecting customer data and sending it to Brain Balance's research facility affiliate.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.