What days are considered 'Business Days' for Expense Reduction Analysts, and which holidays are excluded?

According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, a 'business day' excludes Saturdays, Sundays, and specific national holidays. This definition is relevant to the franchise agreement, particularly concerning the delivery and receipt of notices.

For an Expense Reduction Analysts franchisee, understanding this definition is crucial because it affects the timelines for official communications with the franchisor. For instance, if a notice is sent by expedited delivery service, it's considered 'given' three business days after mailing. Therefore, weekends and holidays will extend the waiting period.

The specified holidays that are excluded from the definition of a business day are New Year's Day, Martin Luther King Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, and Christmas. This comprehensive list ensures clarity and prevents disputes regarding deadlines and obligations outlined in the franchise agreement.

This definition is fairly standard in franchise agreements. Franchisees should be aware of these excluded days to properly manage their communication and obligations under the Expense Reduction Analysts franchise agreement.