When must Exit franchisees pay the Annual Membership fee for new Sales Representatives or Exit Associates?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
106.25.
This loyalty discount will continue for each 5-year increment Associate is with EXIT.
- c) The payment of the Annual Membership is an absolute prerequisite for the receiving of any and all EXIT Sponsoring Bonuses, Retirement Benefits and awards and to ensure a presence on the EXIT website as well as access to EXIT resources. The Franchisor reserves the right to deduct the Annual Membership from said payments whenever necessary.
- d) Franchises are responsible for the payment and collection of the Annual Membership from EXIT Associates. Franchise shall pay the Annual Membership to EXIT immediately upon the date that the new Sales Representative or EXIT Associate Agreement is signed and upon the annual renewal date of July 1st. Payment shall be by electronic funds transfer or by Franchise's check. Annual Membership payable on the July 1st renewal date may also be paid online directly by EXIT associates by VISA® or MasterCard®. Personal checks will not be accepted.
- e) Any amount not paid by the seventh (7th) day after its due date shall be charged a late fee of $50.
5. Commissions
Commission is defined as all revenues received through the Franchise from its Sales Representatives' activities ("Commissions").
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, franchisees are responsible for collecting and paying the Annual Membership fee of $425.00 from their Exit Associates. The franchisee must pay Exit the Annual Membership fee immediately upon the date the new Sales Representative or Exit Associate Agreement is signed.
Additionally, the Annual Membership fee is due upon the annual renewal date of July 1st. Payment can be made via electronic funds transfer or by the franchisee's check. However, Exit Associates can also pay online directly using VISA® or MasterCard® on the July 1st renewal date. Personal checks are not accepted for payment of the Annual Membership fee.
It's important to note that failure to pay the Annual Membership fee by the seventh (7th) day after its due date will result in a late fee of $50. The annual membership for the first year shall be prorated based on the number of days to the following July 1st. Franchisees should ensure timely collection and payment of these fees to avoid penalties and maintain good standing with Exit.