What form is attached to the Chesters agreement as Exhibit A?

According to Chesters's 2025 Franchise Disclosure Document, Exhibit A is the Chester's Payment Authorization Form, effective upon execution. This form likely authorizes Chesters to charge the franchisee's designated credit card or initiate debit entries to the franchisee's bank account for various fees and payments due under the franchise agreement.

As a prospective franchisee, it is crucial to carefully review this payment authorization form to understand what charges Chesters is authorized to make, the frequency of these charges, and the procedures for disputing any unauthorized or incorrect charges. Understanding the terms of the payment authorization is essential for managing your finances and maintaining a healthy business relationship with Chesters.

Franchisees should pay close attention to the conditions under which Chesters can debit their account, ensuring that these conditions align with the franchise agreement. It is also advisable to set up internal controls to monitor these transactions and reconcile them regularly to prevent any discrepancies or unauthorized withdrawals. Additionally, franchisees should confirm whether the payment authorization can be revoked or modified under certain circumstances.