Until what event is the Dryject EFT authorization agreement irrevocable?

According to Dryject's 2025 Franchise Disclosure Document, the Electronic Funds Transfer (EFT) authorization agreement is irrevocable and remains in effect until the termination or expiration of the underlying Franchise Agreement with DryJect Management, LLC. This means that once a franchisee signs the EFT authorization, Dryject is authorized to electronically transfer funds from the franchisee's designated bank account for royalty service fees or other amounts owed.

For a prospective Dryject franchisee, this implies a significant commitment to automated payments throughout the duration of the franchise agreement. The franchisee cannot unilaterally revoke this authorization during the term of the agreement. The only way to terminate the EFT authorization is through the natural expiration or termination of the franchise agreement itself.

This arrangement ensures that Dryject has a reliable method for collecting fees and payments from its franchisees. However, it also places a responsibility on the franchisee to ensure that sufficient funds are available in the designated account to cover the transfers. Failure to do so can result in additional costs and potential penalties, as the franchisee is responsible for any expenses resulting from dishonored electronic funds transfers. Franchisees should carefully consider their cash flow management to avoid any issues related to the EFT authorization.