Does the Even Hotels agreement specify any limitations on the Company's ability to assign the agreement to its bottlers?

The 2025 Even Hotels Franchise Disclosure Document states that the franchise agreement is not assignable except to an affiliate without the express written consent of the Company. This means Even Hotels, as the franchisor, generally cannot transfer the agreement to another party unless it's an affiliated entity and Even Hotels obtains the franchisee's written consent. This protects the franchisee by ensuring the original franchisor remains responsible or that any transfer is to a closely related and approved entity. The document does not specify any limitations on the Company's ability to assign the agreement to its bottlers.

However, the Even Hotels FDD does acknowledge the bottlers as third-party beneficiaries to the agreement. This acknowledgement suggests that while the agreement itself might not be directly assignable to bottlers, they do have certain rights and benefits under the agreement. This could relate to aspects like beverage supply, equipment, or marketing programs outlined in other sections of the agreement.

Prospective Even Hotels franchisees should seek clarification from the franchisor regarding the specific rights and obligations of bottlers under the agreement and how these might impact the franchisee's operations. Understanding the relationship between Even Hotels, its bottlers, and the franchisee is crucial for ensuring smooth operations and adherence to the franchise terms.