What are the conditions that must be met before Eos Worldwide can discontinue its surety bond coverage in Maryland?

According to the 2025 Eos Worldwide Franchise Disclosure Document, the Maryland Securities Commissioner requires Eos Worldwide to maintain a surety bond. This bond must be maintained until one of two conditions is met. First, Eos Worldwide must ensure that all Maryland franchisees have (1) received all initial training they are entitled to under the franchise agreement or Franchise Disclosure Document, and (2) are open for business. Alternatively, Eos Worldwide can discontinue the surety bond if the Administrator issues written authorization to the contrary.

For a prospective Eos Worldwide franchisee in Maryland, this means that Eos Worldwide has a financial guarantee in place to protect franchisees. This protection remains until Eos Worldwide has fulfilled its initial training obligations and the franchisee has opened for business. This offers some security to the franchisee during the initial stages of the franchise relationship.

The surety bond requirement highlights the importance of Eos Worldwide fulfilling its training obligations promptly and supporting franchisees in opening their businesses. It also indicates that the Maryland Securities Commissioner is actively overseeing franchise operations within the state to protect franchisees' interests. Franchisees should confirm with Eos Worldwide and the Administrator the exact details of the surety bond coverage and the process for making a claim if necessary.