Where can I find the License and related agreements mentioned in the Crowne Plaza Franchise Disclosure Document?

According to Crowne Plaza's 2025 Franchise Disclosure Document, Item 17 addresses the provisions of the license and related agreements. The document indicates that these provisions should be read in the agreements attached to the disclosure document, specifically referencing Exhibit B. This exhibit would contain the full legal terms governing the relationship between Crowne Plaza and the franchisee, including details on termination, renewal, transfer, and dispute resolution.

Prospective franchisees should carefully review Exhibit B to fully understand their rights and obligations under the franchise agreement. This includes understanding the length of the license term, conditions for termination by either party, transfer conditions, and dispute resolution processes. The table in Item 17 provides a summary of these provisions, but the actual agreements in Exhibit B will contain the complete and legally binding terms.

Understanding these agreements is crucial before investing in a Crowne Plaza franchise. Franchisees should pay close attention to the conditions under which Crowne Plaza can terminate the agreement, as well as the franchisee's obligations upon termination, such as de-identification and payment of amounts due. Additionally, franchisees should understand the conditions for transferring the license and any associated fees.

It is advisable for potential franchisees to consult with a legal professional to review the license and related agreements in Exhibit B. This will help ensure they fully understand the terms and conditions before entering into a franchise agreement with Crowne Plaza. Paying particular attention to the termination clauses and transfer conditions can help a franchisee avoid potential pitfalls and protect their investment.