Besides the Franchise Agreement and Addendum, what other agreements are included as exhibits in the Embassy Suites Franchise Disclosure Document?

According to the 2025 Embassy Suites Franchise Disclosure Document, Item 22 lists several agreements included as exhibits. Besides the Franchise Agreement and Addendum, these include the Development Incentive Promissory Note, Eforea Spa Amendment, Guaranty of Franchise Agreement, Franchise Application, and Information Technology System Agreement (HITS Agreement). Lender Comfort Letter Forms are also included. These exhibits are provided as samples and may vary based on the specific state and transaction.

Prospective Embassy Suites franchisees should carefully review each of these agreements to understand their obligations and the franchisor's expectations. For example, the Information Technology System Agreement likely outlines the technology infrastructure and support that Embassy Suites provides, as well as the franchisee's responsibilities for maintaining and updating these systems. The Development Incentive Promissory Note may detail any financial incentives offered by Embassy Suites to encourage development, along with the repayment terms.

It is important to note that these documents are not exhaustive and may vary. Franchisees should consult with legal counsel to ensure they fully understand the terms and conditions of each agreement and how they apply to their specific circumstances. Understanding these related agreements is crucial for the successful operation of an Embassy Suites franchise and to avoid potential disputes with the franchisor.