Under what state laws was Eos Worldwide Franchising, LLC organized?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
Note 1. Nature of Operations and Summary of Significant Accounting Policies
Nature of operations: EOS Worldwide Franchising, LLC (the Company), was organized on January 11, 2021, under the laws of the state of Delaware as a limited liability company, and is a wholly owned subsidiary of EOS HoldCo, LLC (the Parent) disregarded for federal income tax purposes.
EOS Worldwide, LLC, an affiliate of the Company (the Affiliate), combines timeless business principles with a set of simple, practical, real-world tools to help entrepreneurs get what they want from their businesses. They also offer comprehensive training and support to entrepreneurs and business coaches who want to implement the Entrepreneurial Operating System (EOS) effectively with one or many businesses. The Affiliate is the owner of the trade name and service mark EOS and other trademarks and intellectual property the Company will use in connection with EOS franchises. The Affiliate licenses to the Company the right to use EOS trademarks and intellectual property under a ninety-nine-year license agreement and to further sublicense them. The Company will sublicense to franchisees the right to use the EOS trademarks and intellectual property in connection with their franchisees.
The Company's duration shall be in perpetuity, unless sooner dissolved in accordance with the operating agreement and applicable law.
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, EOS Worldwide Franchising, LLC was organized on January 11, 2021, as a limited liability company. The specific state under whose laws the company was organized is Delaware. EOS Worldwide Franchising, LLC is a wholly-owned subsidiary of EOS HoldCo, LLC. EOS HoldCo, LLC is disregarded for federal income tax purposes.
EOS Worldwide, LLC, which is an affiliate of EOS Worldwide Franchising, LLC, owns the EOS trade name and service mark, along with other related trademarks and intellectual property. EOS Worldwide, LLC licenses these trademarks and intellectual property to EOS Worldwide Franchising, LLC under a 99-year license agreement, which then sublicenses them to franchisees.
The duration of EOS Worldwide Franchising, LLC is perpetual unless it is dissolved according to its operating agreement and applicable law. This means that the company is intended to exist indefinitely, barring any specific legal or contractual reasons for its dissolution.