Where can I find more detailed information about my obligations as an Even Hotels licensee?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
The License may include obligations for the performance of construction and renovation work, specific to the property being licensed which will be detailed in Attachment "B" to the License. You should review these obligations before signing any License.
Before you purchase a license, you will have the opportunity to review a copy of the Standards. Thereafter, Holiday may make the Standards available to you in hard paper copy, or, at Holiday's option, in digital, electronic or other computerized form. The Standards contain mandatory and suggested specifications, standards, and procedures. All EVEN® Hotels are subject to the Standards. Holiday will notify you of each change in the Standards at least 30 days before it goes into effect. These notifications can be by digital, electronic, computerized or other means. The Standards are confidential and remain
Licensee agrees that its obligations to indemnify and hold harmless IHG and the other indemnitees under paragraphs 8.A. and 13.K. of this License extends to and embraces liabilities arising from or relating to, directly or indirectly, any and every element of Licensee's offer and/or sale of Securities which Licensee may propose to or does engage in, including (without limitation) any statements, representations or warranties that Licensee and/or its Affiliates may give to or receive from any proposed or actual purchaser of such Securities and/or any claim that Licensee, its Affiliates and/or the officers, directors, managers, members, agents and employees of each of the foregoing, or Licensee's assignee, engaged in fraud, deceit, violation of securities laws or other illegality in connection with Licensee's proposed or actual offer and/or sale of Securities. As with all other indemnification obligations set forth in this License, this specific indemnification obligation will survive the termination or expiration of this License.
Source: Item 9 — LICENSEE'S OBLIGATIONS (FDD pages 68–69)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, detailed obligations regarding construction and renovation work specific to the licensed property are found in Attachment "B" of the License Agreement. It is crucial to thoroughly review these obligations before signing the License Agreement to fully understand the scope of work and associated responsibilities.
Additionally, the Even Hotels Brand Standards contain mandatory and suggested specifications, standards, and procedures to which all Even Hotels are subject. Franchisees will have the opportunity to review a copy of the Standards before purchasing a license. Holiday (the franchisor) may provide the Standards in hard copy or digital form and will notify franchisees of any changes at least 30 days before they take effect. These standards are confidential and protected by copyright laws.
Furthermore, the Licensee's obligations to indemnify and hold harmless IHG (InterContinental Hotels Group) and other indemnitees are detailed in paragraphs 8.A. and 13.K. of the License. This indemnification extends to liabilities arising from the Licensee's offer and sale of securities, including any statements, representations, or warranties made to purchasers. This obligation survives the termination or expiration of the License.