Does the Dermani Medspa Franchise Agreement include an exhibit related to the assignment of a lease?

According to the 2025 Dermani Medspa Franchise Disclosure Document, Exhibit B to the Dermani Medspa Franchise Agreement is a Collateral Assignment of Lease. This indicates that the Franchise Agreement includes a specific exhibit addressing the assignment of the lease.

This exhibit likely outlines the terms and conditions under which a Dermani Medspa franchisee's lease can be assigned, potentially to the franchisor or another party, under certain circumstances. This is a common practice in franchising to protect the franchisor's interests and ensure business continuity.

A prospective Dermani Medspa franchisee should carefully review Exhibit B and understand the conditions under which the lease can be assigned, as it could impact their rights and obligations regarding the business location. It is important to understand what events would trigger the assignment of the lease and what recourse the franchisee has in such a situation.