What agreements are included in the definition of 'Ancillary Agreements' for a C3 Wellness Spa franchise?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
- "Ancillary Agreements" refers to and means, individually and collectively, each and every agreement between: (a) Franchisor and Franchisee, but not including this Agreement; (b) Franchisor and each of Franchisee's Owners, whether individually and/or collectively; and (c) Franchisor and each Spouse of Franchisee's Owners, whether individually and/or collectively.
Without limitation to the foregoing, the term Ancillary Agreements includes the Franchise Owner and Spouse Agreement and Guaranty, Lease Agreement Rider, Collateral Assignment of Lease and the Assignment of Telephone Numbers and Digital Media Accounts, as said agreements, individually and/or collectively, may have been entered into between the foregoing parties.
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
According to the 2024 C3 Wellness Spa Franchise Disclosure Document, 'Ancillary Agreements' encompass various agreements between the franchisor and the franchisee, the franchisee's owners, and the spouses of the owners. These agreements do not include the primary franchise agreement itself.
Specifically, the term 'Ancillary Agreements' includes agreements between C3 Wellness Spa and the franchisee, agreements between C3 Wellness Spa and each of the franchisee's owners (individually or collectively), and agreements between C3 Wellness Spa and each spouse of the franchisee's owners (individually or collectively).
The FDD explicitly mentions that 'Ancillary Agreements' include the Franchise Owner and Spouse Agreement and Guaranty, Lease Agreement Rider, Collateral Assignment of Lease, and the Assignment of Telephone Numbers and Digital Media Accounts. These agreements are considered ancillary and may have been entered into between the involved parties.