factual

In what currency are Sponsoring Bonuses calculated and paid out by Exit?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

  • k) Sponsoring Bonuses are calculated and paid out in the currency of the country in which the transaction is finalized.

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, Sponsoring Bonuses are calculated and paid out in the currency of the country where the transaction is finalized. This means that if a real estate transaction that triggers a Sponsoring Bonus occurs in Canada, the bonus will be paid in Canadian dollars. Similarly, if the transaction occurs in the United States, the bonus will be paid in U.S. dollars.

For prospective Exit franchisees, this is a straightforward process. The currency of the bonus payment is determined by the location where the real estate transaction is completed. This reduces currency exchange issues for franchisees, as they receive the bonus in the currency of their country.

It is important to note that Exit, as the Franchisor, is responsible for the payment of all Sponsoring Bonuses throughout the entire Exit system. Subfranchisors, Franchisees, or Sales Representatives are never responsible for paying Sponsoring Bonuses. This ensures consistency and centralized control over bonus payments within the Exit franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.