What is the required action regarding revisions to the Exit Formula for Exit Associates?

According to Exit's 2025 Franchise Disclosure Document, the Exit Formula must be part of each Exit contract for all Exit Associates. Furthermore, revisions to the Exit Formula must be provided to each Exit Associate in a timely manner.

This means that as an Exit franchisee, you are obligated to ensure that all Exit Associates (which include subfranchisors, franchisees, sales representatives, and certain non-licensed personnel) receive any updates or changes to the Exit Formula promptly. The Exit Formula dictates the fees and dues within the Exit system, so keeping associates informed is crucial for maintaining transparency and compliance within the franchise network.

Exit retains the right to modify the Exit Formula, including increasing annual membership and fees by up to 5% per year. Any modifications become effective upon notice to all subfranchisors and franchisees, making it the franchisee's responsibility to then inform their sales representatives and employees of these changes. This highlights the importance of clear communication channels within the franchise to ensure everyone is aware of the current terms and conditions of their affiliation with Exit.