Must an Eos Worldwide franchisee satisfy all monetary obligations to renew their franchise agreement?

According to Eos Worldwide's 2025 Franchise Disclosure Document, a franchisee must satisfy all monetary obligations to Eos Worldwide, its affiliates, and its approved/designated suppliers and vendors that relate to the operation of the EOS Franchise to be eligible for renewal. This requirement is one of several conditions that must be met to renew the franchise agreement.

In practical terms, this means that before the current term expires, the franchisee needs to ensure that all outstanding payments, fees, and other financial obligations related to the franchise are fully paid. This includes payments to Eos Worldwide itself, as well as any payments owed to affiliated entities or approved suppliers. Failing to meet this condition gives Eos Worldwide the right to deny renewal.

This requirement is standard practice in franchising, as franchisors want to ensure that franchisees are in good financial standing and are meeting their financial obligations. Additionally, the franchisee must not be in material breach of any agreement and must have substantially complied with all material provisions during the term. The franchisee must also execute the then-current form of the franchise agreement, which may contain substantially different terms, including increased fees and advertising obligations.