Under the Ownership Addendum for Dq Treat, who are considered the Owners?

According to the 2025 Dq Treat Franchise Disclosure Document, an Owner is defined as any person or entity who directly or indirectly owns an interest in the Licensee. This definition extends to various ownership structures.

Specifically, the definition of "Owner" includes each shareholder, member, or owner of a corporation, limited liability company, or other entity. It also encompasses each general partner of a partnership, and if that general partner is an entity, each owner of an interest in the general partner. The definition further includes each grantor, settlor, beneficiary, trustee, or other trust fiduciary of a trust. If the Licensee consists of more than one individual, each individual is considered an Owner.

The Dq Treat agreement states that the Owners are specifically identified on the Ownership Addendum attached to the agreement. This addendum serves as the definitive list of individuals or entities considered Owners for the purposes of the franchise agreement.

Prospective franchisees should carefully review the Ownership Addendum to understand who is classified as an Owner and the implications of this classification under the Dq Treat franchise agreement. This is particularly important for franchisees operating under a corporate or partnership structure.