What franchise system events must a Caring Transitions franchisee attend to be eligible for rebates?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Strict Compliance. To be eligible to receive any rebates under this addendum, Franchisee must (a) strictly and timely comply with all obligations under any agreement or instrument between Franchisee and Franchisor throughout the entire Rebate Period, including, by way of example, timely reporting Gross Receipts, timely paying all Royalties, National Branding Fees, Technology Fees, and other amounts due under the Franchise Agreement, (b) have attended all franchise system national conferences and regional conferences and all required on-site training centers, and (c) execute a general release in a form prescribed by Franchisor prior to each rebate. If the Franchise Agreement is terminated for any reason prior to the end of its initial term, then Franchisee must return all rebates to Franchisor, if any. If Franchisee commits any default of any agreement or instrument between Franchisee and Franchisor during the Rebate Period, then, in addition to all other remedies Franchisor may have under the Franchise Agreement, at law, or in equity, this addendum shall be irrevocably null and void.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, a franchisee must attend specific events to be eligible for certain rebates. To qualify for rebates under the Winner's Circle Program addendum, a franchisee must strictly and timely comply with all obligations outlined in any agreement with Caring Transitions throughout the entire rebate period. This includes timely reporting of Gross Receipts and timely payment of all Royalties, National Branding Fees, Technology Fees, and other amounts due under the Franchise Agreement.
To maintain eligibility for rebates, the franchisee must attend all franchise system national conferences, regional conferences, and all required on-site training centers. Additionally, the franchisee must execute a general release in a form prescribed by Caring Transitions before receiving each rebate.
Failure to comply with these requirements, such as missing required events or failing to make timely payments, will render the franchisee ineligible for rebates. If the Franchise Agreement is terminated for any reason before the end of its initial term, the franchisee must return all rebates to Caring Transitions. Furthermore, any default on any agreement between the franchisee and Caring Transitions during the rebate period will nullify the addendum, potentially impacting the franchisee's financial benefits and obligations.