What must the arbitrator's award include regarding interest for an Eos Worldwide arbitration?

According to Eos Worldwide's 2025 Franchise Disclosure Document, the arbitrator's award must include pre-hearing interest from the date damages were incurred. It also must include interest from the date of the award until it is paid in full. The interest rate is to be fixed by the arbitrator, but it cannot be less than one and one-half percent (1.5%) per month, or part of a month, unless a lower rate is required by law.

This means that if a franchisee wins an arbitration case against Eos Worldwide, the award will include interest calculated from the time the damages occurred until the award is paid. The minimum interest rate is 1.5% per month, which could be significant depending on the amount of damages and the length of time it takes to resolve the dispute.

It is important to note that the arbitrator has the authority to set the interest rate, but it cannot be lower than 1.5% per month unless legally required. This provision aims to compensate the prevailing party for the time value of money and any losses incurred due to delayed payment. Franchisees should consider this when evaluating the potential costs and benefits of pursuing arbitration.