What agreement will I sign when purchasing a Caring Transitions franchise, as detailed in the exhibits?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit F | The franchise agreement you will sign when you purchase a Caring Transitions franchise |
|---|---|
| Exhibit G | Website Terms of Use Agreement that authorizes you to use websites that we may make available to you |
| Exhibit H | The personal guaranty to be signed by the owners of a non-individual franchisee |
| Exhibit I | The restrictive covenant agreement to be signed by the owners of a non-individual franchisee and by employees with management responsibility (see Item 15 above) |
| Exhibit J | Power of Attorney that authorizes us to assume the telephone numbers and Internet and World Wide Web-based rights relating to your franchised business after your franchise expires or terminates |
| Exhibit K | The agreement you will sign if you purchase a right of first refusal to buy an additional franchise |
| Exhibit M | Electronic Funds Transfer Authorization that authorizes us to debit your bank account for the Royalties, National Branding Fund contributions, and other fees you are required to pay us. |
| Exhibit N | An assignment agreement to assign your individual rights in the franchise agreement to a business entity |
| Exhibit O | Franchisee Acknowledgment Statement |
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to the 2025 Caring Transitions Franchise Disclosure Document, when purchasing a Caring Transitions franchise, you will sign several agreements which are included as exhibits to the FDD. The primary agreement is the Franchise Agreement itself, outlined in Exhibit F.
Additional agreements include the Website Terms of Use Agreement (Exhibit G), which allows franchisees to use Caring Transitions' websites. If the franchisee is a non-individual entity, the owners must sign a personal guaranty (Exhibit H) and a restrictive covenant agreement (Exhibit I). There is also a Power of Attorney agreement (Exhibit J) that allows Caring Transitions to manage the franchisee's telephone numbers and internet rights related to the franchise after the agreement expires or terminates.
Further, franchisees may sign an agreement if they purchase a right of first refusal for an additional franchise (Exhibit K). An Electronic Funds Transfer Authorization (Exhibit M) permits Caring Transitions to debit the franchisee's bank account for royalties, national branding fund contributions, and other fees. An assignment agreement (Exhibit N) allows a franchisee to assign their rights to a business entity. Finally, all franchisees must sign a Franchisee Acknowledgment Statement (Exhibit O).
Other agreements or forms include Exhibit R, which is an addendum for participation in the Winner's Circle program, and Exhibit S, which is a remittance form to be sent with the deposit. Exhibit P contains state-specific additional disclosures and riders. These exhibits cover various aspects of the franchise relationship, from initial purchase and ongoing operations to potential transfers or participation in specific programs. Prospective franchisees should carefully review each exhibit to fully understand their obligations and rights.