Does the Epcon Communities Franchise Disclosure Document include a Personal Covenants and Agreement of Principal, Officer, Director, Owner, Investor or Partner of Franchisee as an exhibit?

According to Epcon Communities' 2025 Franchise Disclosure Document, a Personal Covenants and Agreement of Principal, Officer, Director, Owner, Investor or Partner of Franchisee is included as Exhibit E. This agreement likely outlines the responsibilities and obligations of the franchisee's principals, officers, directors, owners, investors, or partners. It is a legally binding document that ensures these individuals adhere to the terms and conditions set forth by Epcon Communities.

This type of agreement is common in franchising, as franchisors want to ensure that all individuals with significant control or ownership in the franchisee entity are personally committed to upholding the brand standards and contractual obligations. By having a Personal Covenants and Agreement in place, Epcon Communities can hold these individuals accountable for any breaches of the Franchise Agreement.

Prospective Epcon Communities franchisees should carefully review Exhibit E with their legal counsel to fully understand the implications of this agreement. It is important to be aware of the specific covenants and obligations that will be personally binding on the principals, officers, directors, owners, investors, or partners of the franchisee. Understanding these obligations is crucial for ensuring compliance and avoiding potential disputes with Epcon Communities.