For Eos Worldwide, what is the purpose of Exhibit K to the Disclosure Document?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Effective Date |
|---|---|
| California | Pending |
| Hawaii | Pending |
| Illinois | Pending |
| Indiana | Pending |
| Maryland | Pending |
| Michigan | Pending |
| Minnesota | Pending |
| New York | Pending |
| North Dakota | Pending |
| Rhode Island | Pending |
| South Dakota | Pending |
| Virginia | Pending |
| Washington | Pending |
| Wisconsin | Pending |
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
EXHIBIT K TO THE DISCLOSURE DOCUMENT
Receipts
Receipt
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If EOS Worldwide Franchising, LLC offers you a franchise, it must provide this Disclosure Document to you fourteen (14) calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this Disclosure Document at least ten (10) business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If EOS Worldwide Franchising, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed on Exhibit C.
The franchisor is EOS Worldwide Franchising, LLC located at 2254 Cole Street, Suite 130, Birmingham, MI 48009. Its telephone number is (248) 278-8220. The following individuals may act as EOS Worldwide Franchising, LLC's in connection with the offering of this franchise: Mark O'Donnell, Matt Roush, Lauren Shaver and Adam Chopp.
Issuance Date: March 25, 2025.
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to the 2025 Eos Worldwide Franchise Disclosure Document, Exhibit K to the Disclosure Document includes receipts. The receipt included in Exhibit K acknowledges that the document summarizes the Franchise Agreement and other information. It emphasizes the importance of carefully reading the Disclosure Document and all related agreements.
The receipt also confirms that Eos Worldwide must provide the Disclosure Document to prospective franchisees at least fourteen calendar days before they sign any binding agreement or make any payment related to the franchise. Specific to New York, the document must be provided at the earlier of the first personal meeting or ten business days before signing any agreement or making any payment. For Michigan, the Disclosure Document must be provided at least ten business days before the execution of any binding agreement or payment of consideration, whichever occurs first.
Furthermore, the receipt outlines the steps to take if Eos Worldwide does not deliver the Disclosure Document on time, or if it contains false, misleading, or omits material information. In such cases, a violation of federal and state law may have occurred, and it should be reported to the Federal Trade Commission and the relevant state agency listed on Exhibit C. The receipt also provides contact information for Eos Worldwide Franchising, LLC, including its address and telephone number, and lists individuals authorized to act on behalf of the company in connection with the franchise offering. The issuance date of the Disclosure Document is March 25, 2025, and it lists the exhibits included with the document. The receipt can be returned to Eos Worldwide by mail or email after signing and dating it.