What is the definition of 'Control' in relation to an entity, as defined in the Even Hotels agreement?

According to Even Hotels' 2025 Franchise Disclosure Document, an "Affiliate" is defined relative to the concept of "Control". Specifically, an Affiliate is any division, subsidiary, parent, or other entity that directly or indirectly Controls, is Controlled by, or is under common Control with another entity.

This definition is important for Even Hotels franchisees because it clarifies the relationships between different business entities within the Even Hotels franchise system. Understanding who is considered an affiliate helps franchisees understand the scope and influence of different entities within the network. This can impact various aspects of the franchise, including supply chains, marketing efforts, and potential conflicts of interest.

For a prospective Even Hotels franchisee, this definition highlights the importance of understanding the corporate structure and relationships within the Even Hotels organization. It is essential to know who the Affiliates are, as they can have a significant impact on the operations and success of the franchise. Franchisees should seek clarification from Even Hotels regarding the specific entities considered Affiliates and how those relationships might affect their business.