What is the name of the agreement attached as Exhibit F that a Clear Pest Pros franchisee must sign?

According to the 2025 Clear Pest Pros Franchise Disclosure Document, Exhibit F is the Collateral Assignment and Assumption of Lease. This is one of several exhibits that a franchisee must sign as part of the franchise agreement.

This agreement likely deals with the assignment of the lease for the business premises. It is common in franchising for the franchisor to have some control over the lease, especially if the location is critical to the success of the business. This assignment ensures that in certain situations, such as the franchisee defaulting on the lease or the franchise agreement being terminated, Clear Pest Pros can assume the lease to continue operating the business or transfer it to another franchisee.

Prospective franchisees should carefully review this exhibit with their legal counsel to understand the circumstances under which the lease can be assigned and what obligations they have regarding the lease. Understanding these conditions is crucial for protecting their investment and ensuring the continued operation of their Clear Pest Pros franchise.