Where in the Counselor Realty Franchise Agreement is indemnification discussed?

According to the 2025 Counselor Realty Franchise Disclosure Document, indemnification is addressed in Section 8.3 of the Franchise Agreement and is further discussed in Item 16 of the FDD. Indemnification clauses are standard in franchise agreements and typically outline the circumstances under which the franchisee agrees to protect the franchisor from losses, damages, or liabilities arising from the franchisee's operation of the business.

For a prospective Counselor Realty franchisee, understanding the scope of the indemnification clause is crucial. It defines the franchisee's responsibilities for covering potential legal and financial risks associated with running their franchise. This could include liabilities stemming from lawsuits, breaches of contract, or other operational issues.

Given that the FDD only references the section of the Franchise Agreement where indemnification is discussed, it is important for a prospective franchisee to carefully review Section 8.3 of the Franchise Agreement and Item 16 of the FDD with legal counsel. This will help them fully understand their obligations and potential liabilities under the indemnification clause. They should also ask Counselor Realty for specific examples of situations where this clause might be invoked to better assess the risks involved.