What documents are included in the 'Agreement' definition for an Embassy Suites franchise?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Agreement" means this Franchise Agreement, including any exhibits, attachments and addenda.
Source: Item 22 — CONTRACTS (FDD page 97)
What This Means (2025 FDD)
According to Embassy Suites's 2025 Franchise Disclosure Document, the term "Agreement" encompasses the Franchise Agreement itself, along with any exhibits, attachments, and addenda that are part of it. This definition is important for prospective franchisees as it clarifies the scope of the contractual obligations and rights between the franchisee and Embassy Suites.
The inclusion of exhibits, attachments, and addenda in the definition of the "Agreement" means that franchisees must carefully review all these additional documents, as they are legally binding components of the franchise contract. These documents can cover various aspects of the franchise relationship, such as specific operational requirements, financial obligations, or territory rights.
Understanding the full scope of the Agreement is crucial for franchisees to ensure they are aware of all their responsibilities and the franchisor's commitments. It also highlights the importance of seeking legal counsel to review the entire agreement and associated documents before signing, to fully understand the terms and conditions of the Embassy Suites franchise.