Is the transferee required to sign the then-current Clear Pest Pros franchise agreement?

According to Clear Pest Pros's 2025 Franchise Disclosure Document, whether a transferee is required to sign the then-current form of the franchise agreement is at the discretion of Clear Pest Pros. Specifically, Clear Pest Pros has the option to require the transferee to sign the then-current franchise agreement for a full term, along with a personal guaranty and all other required exhibits. The terms of this new agreement may differ materially from the original agreement.

This condition is part of a larger set of requirements that must be met for a transfer to be approved. These include ensuring the franchisee is in full compliance with all agreements, that all payments are current, and that the transferee meets Clear Pest Pros's standards for new franchisees. The transferee must also not be engaged in any competitive business unless they agree to operate it as part of the Clear Pest Pros system.

For a prospective franchisee, this means that if they plan to sell their Clear Pest Pros franchise, the potential buyer might have to agree to terms that are different from the original franchise agreement. This could affect the value and attractiveness of the franchise to potential buyers, as well as the franchisee's ability to sell the franchise on their desired terms. It is important for franchisees to understand these transfer conditions and discuss them with Clear Pest Pros and any potential buyers early in the transfer process.