Under the Franchise Accounting Services Agreement, what is the 'Franchised Business' that the City Wide Franchisee is granted the right to operate?

According to City Wide's 2025 Franchise Disclosure Document, the Franchise Accounting Services Agreement states that City Wide and the franchisee are parties to a Franchise Agreement, pursuant to which the franchisee is granted the right to operate a City Wide franchise in the Designated Territory, as defined in the Franchise Agreement, which is referred to as the "Franchised Business."

In simpler terms, the 'Franchised Business' refers to the City Wide franchise that the franchisee is authorized to operate within a specific geographic area, known as the Designated Territory. This right is granted under the terms and conditions outlined in the overarching Franchise Agreement between City Wide and the franchisee.

This definition is important because it establishes the scope of the franchisee's operational rights and responsibilities. The franchisee's activities and the territory in which they can operate are explicitly tied to this 'Franchised Business' concept, as defined in both the Franchise Agreement and the Franchise Accounting Services Agreement. Any activities outside this scope may not be covered under the franchise agreement and may require separate agreements or be in violation of the franchise terms.