When is the insurance reimbursement fee due to Eos Worldwide?

Question

Accepted Answer

| Type of Fee(1)                 | Amount                                                                                                                                                                                                                 | Due Date                                                     | Remarks                                                                                                                                                                                                                                                                                                    |
|--------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | food not offered to attendees and lodging expenses, and any connection fees for virtual sessions. |  |  |
| Renewal Fee | Currently none. We may establish a Renewal Fee, but any Renewal Fee that we establish will not apply to the renewal of the Franchise Agreement you sign in connection with this Disclosure Document. | Not applicable. | We currently do not charge a fee for renewing your Franchise Agreement, but there are other conditions for renewal, including but not limited to being in good standing, signing our then- current Franchise Agreement, and executing a release. |
| Transfer Fee(10) | \$5,000 | Payable at the time of transfer. | Payable to us if you transfer your Franchise. See Note 10 for circumstances where we waive the Transfer Fee. |
| Accounting/Audit Fee | Cost and expenses of audit. | When incurred. | We may audit your Franchised Business to confirm you are consistently submitting quarterly reports. If we determine that you understated revenue or made other misrepresentations and owe us additional amounts, then you will pay the Accounting/Audit Fee. |
| Interest on Overdue Amounts | The lower of 1.5% interest per month or the highest rate available by law on the past due amount. | First day of late period. | Interest is due on all overdue payments and begins to accrue thirty (30) days' after the original due date until payment is received in full. |
| Management Fee(11) | Our costs and expenses (including wages and personnel costs) incurred in managing your Franchised Business. | Payable on demand out of Franchised Business proceeds. | The Management Fee is paid to us. In addition to our right to terminate the Franchise Agreement, we (or our designee) may step-in to provide Services or Products to your Clients if you fail to cure a default within the applicable cure period (if applicable). See Note 11. |
| Insurance Reimbursement(12) | The premium, plus up to 20% of the premium. | When incurred. | If you fail to maintain the required insurance, we have the right, but not the obligation, to procure insurance on your behalf and you must reimburse us the premium payment plus a fee of up to 20% of the premium to cover our costs. |

Source: Item 6 — OTHER FEES (FDD pages 17–25)

When is the insurance reimbursement fee due to Eos Worldwide?

Answer from 2025 FDD Document

What This Means (2025 FDD)

Type of Fee(1)	Amount	Due Date	Remarks
	food not offered to attendees and lodging expenses, and any connection fees for virtual sessions.
Renewal Fee	Currently none. We may establish a Renewal Fee, but any Renewal Fee that we establish will not apply to the renewal of the Franchise Agreement you sign in connection with this Disclosure Document.	Not applicable.	We currently do not charge a fee for renewing your Franchise Agreement, but there are other conditions for renewal, including but not limited to being in good standing, signing our then- current Franchise Agreement, and executing a release.
Transfer Fee(10)	$5,000	Payable at the time of transfer.	Payable to us if you transfer your Franchise. See Note 10 for circumstances where we waive the Transfer Fee.
Accounting/Audit Fee	Cost and expenses of audit.	When incurred.	We may audit your Franchised Business to confirm you are consistently submitting quarterly reports. If we determine that you understated revenue or made other misrepresentations and owe us additional amounts, then you will pay the Accounting/Audit Fee.
Interest on Overdue Amounts	The lower of 1.5% interest per month or the highest rate available by law on the past due amount.	First day of late period.	Interest is due on all overdue payments and begins to accrue thirty (30) days' after the original due date until payment is received in full.
Management Fee(11)	Our costs and expenses (including wages and personnel costs) incurred in managing your Franchised Business.	Payable on demand out of Franchised Business proceeds.	The Management Fee is paid to us. In addition to our right to terminate the Franchise Agreement, we (or our designee) may step-in to provide Services or Products to your Clients if you fail to cure a default within the applicable cure period (if applicable). See Note 11.
Insurance Reimbursement(12)	The premium, plus up to 20% of the premium.	When incurred.	If you fail to maintain the required insurance, we have the right, but not the obligation, to procure insurance on your behalf and you must reimburse us the premium payment plus a fee of up to 20% of the premium to cover our costs.