In the Caring Transitions franchise agreement, where is the Effective Date identified?

According to Caring Transitions' 2025 Franchise Disclosure Document, the Effective Date of the Right of First Refusal agreement is referenced in relation to its expiration. Specifically, the Right of First Refusal automatically expires one year after the Effective Date of the agreement.

For a prospective Caring Transitions franchisee, this means that the Effective Date is a crucial point of reference for understanding the duration of their Right of First Refusal. This right allows the franchisee to have the first opportunity to purchase additional franchises within their territory before Caring Transitions offers it to others. Knowing the Effective Date helps the franchisee track when this right expires, which is one year from that date.

It is important for franchisees to understand this timeline to make informed decisions about expanding their business within their territory. If a franchisee is interested in acquiring additional territories, they must be aware of the expiration date of their Right of First Refusal to ensure they do not miss the opportunity to expand before it is offered to someone else. This clause ensures that Caring Transitions maintains a structured approach to territory allocation, providing existing franchisees with a limited-time advantage for growth.