factual

Is a franchisee required to sign Eos Worldwide's form of 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 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 10–13)

What This Means (2025 FDD)

According to Eos Worldwide's 2025 Franchise Disclosure Document, a franchisee is required to sign the standard Franchise Agreement. The document specifies that the agreement is attached as Exhibit A. If the franchisee chooses to operate the Eos Worldwide franchise through a legal entity, that entity must also agree to the terms of the Franchise Agreement. This is done by signing a Joinder to Franchise Agreement, which is included as Exhibit C to the Franchise Agreement.

The franchisee must be the sole decision-maker and point person for the Operating Entity, and only the franchisee can provide EOS Services to Clients as the "EOS Implementer". The franchisee must also own and control the Operating Entity, with at least a 51% ownership interest unless Eos Worldwide permits otherwise.

This requirement ensures that all franchisees are legally bound to the terms and conditions outlined in the Franchise Agreement, maintaining consistency and protecting the Eos Worldwide brand. It also clarifies the responsibilities and obligations of both the individual franchisee and any legal entity used to operate the franchise. Prospective franchisees should carefully review the Franchise Agreement and Joinder to Franchise Agreement to fully understand their commitments and rights.

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.