As an Exit associate, what agreement is made regarding the Policies and Procedures Manual?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
All sales associates must acknowledge and sign a standard working agreement known as the EXIT Sales Representative Agreement. The terms as set forth in the Agreement are valid unless changes are approved in writing by both parties. This policy manual is designed to complement it and may be included as an Exhibit. The content is in addition to the terms as set forth in the Agreement and not to supersede any terms of the Agreement. All Agents must also review and sign a copy of the EXIT Formula which forms an Exhibit to the EXIT Sales Representative Agreement.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, all sales associates must acknowledge and sign a standard working agreement known as the EXIT Sales Representative Agreement. This agreement outlines the terms of their association with Exit. The Policies and Procedures manual is designed to complement this agreement and may be included as an exhibit.
The manual's content is in addition to the terms set forth in the Sales Representative Agreement and does not supersede any of those terms. This means that the Sales Representative Agreement takes precedence if there are any conflicts or ambiguities between the two documents. All agents are also required to review and sign a copy of the EXIT Formula, which is also an exhibit to the EXIT Sales Representative Agreement.
For prospective Exit sales associates, this means understanding and agreeing to both the Sales Representative Agreement and the Policies and Procedures Manual is essential. The Sales Representative Agreement is the primary document governing the relationship, but the Policies and Procedures Manual provides additional guidance and expectations. It is also important to note that the EXIT Formula, detailing fees and dues, is a critical component of the agreement that must be reviewed and signed.