What is the 'School' referring to in the context of the Creative World School lease agreement?

According to the 2025 Creative World School Franchise Disclosure Document, the term "School" refers to a Creative World School location that provides day care or childcare services for children ages 6 weeks to 12 years. This is the physical site where the franchisee will operate their business, utilizing the franchisor's proprietary systems, materials, and methods. The franchisor specifies that any site for a franchised school must be at least 9,400 square feet.

In the context of the lease agreement, the "School" is significant because the franchisee, as the tenant, is leasing the premises to operate this specific type of business. The lease agreement outlines the terms and conditions under which the franchisee can use the property for their Creative World School franchise. The lease agreement also contains provisions related to the franchisor's rights, particularly in the event of an assignment or subletting of the lease.

Specifically, the landlord is required to notify Creative World School, Inc. in the event of a default by the tenant. Additionally, in the event of termination of the Franchise Agreement, Creative World School has the option to purchase the School from the franchisee, including the leasehold rights to the site. This ensures that Creative World School maintains control over the location and can continue operating a school at that site, if desired.