factual

As an Eos Worldwide franchisee, must I personally sign the Franchise Agreement?

Eos_Worldwide Franchise · 2025 FDD

Answer from 2025 FDD Document

You must sign our form of Franchise Agreement ("Franchise Agreement"), in the form attached to this Disclosure Document as Exhibit A. If you operate your franchise using a legal entity, then your entity (the "Operating Entity" or as referred to in the Franchise Agreement, your "Business Entity") must either sign the Franchise Agreement or otherwise agree to abide by the terms of the Franchise Agreement by signing our form of Joinder to Franchise Agreement in the form attached as Exhibit C to the Franchise Agreement. An Operating Entity may have multiple owners, equity holders, shareholders, partners or members, but you must act as the sole decisionmaker and point person for the Operating Entity and only you may provide EOS Services to Clients as the "EOS Implementer" (or "Implementer") and therefore only you may attend our Implementer trainings. If you use an Operating Entity for your Franchised Business, you must own and control the Operating Entity (with at least a 51% ownership interest unless we permit otherwise). You may also determine that you want or need additional operators, managers, employees, personnel or administrative staff to assist you in operating the Franchised Business, but these individuals may not provide functions required by an Implementer, including providing any Clients with implementation Services as described in the Operations Manual ("Implementer Services").

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 52–53)

What This Means (2025 FDD)

According to the 2025 Eos Worldwide Franchise Disclosure Document, if you operate your franchise as a sole proprietorship, you, as the individual, must sign the Franchise Agreement. However, if you operate your Eos Worldwide franchise through a legal entity, that entity must sign the Franchise Agreement or a Joinder to Franchise Agreement.

Even if a legal entity is used, you, as the individual, must act as the sole decision-maker and point person for the entity. You are also the only one who can provide EOS Services to clients as the "EOS Implementer" and attend Implementer trainings. This ensures that Eos Worldwide maintains consistent standards and quality in service delivery.

Furthermore, if you choose to operate your Eos Worldwide franchise through a legal entity, you must maintain ownership and control of that entity, with at least a 51% ownership interest, unless Eos Worldwide permits otherwise. This requirement ensures that the franchisee remains committed and aligned with the franchisor's standards and operational guidelines.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.