What is the definition of 'Franchise Agreement' in the context of the Face Foundrie Lease Rider?

According to the 2025 Face Foundrie Franchise Disclosure Document, the Lease Rider includes a definition of the 'Franchise Agreement' within the context of the lease arrangements for a Face Foundrie Facial Bar. The Lease Rider is incorporated into the lease and any conflicts between the Rider and the lease will be governed by the Rider.

Specifically, the Franchise Agreement is defined as the agreement between the tenant (the franchisee) and Face Foundrié Franchising L.L.C. (the franchisor) that grants the franchisee the rights to operate a Face Foundrié Facial Bar and to use the Face Foundrié Facial Bar name, trademarks, and service marks. This agreement outlines the terms and conditions under which the franchisee can operate the business.

This definition is important because the Lease Rider includes provisions that directly relate to the Franchise Agreement, such as the franchisor's right to assume management of the premises under certain conditions related to the franchisee's default or abandonment of the Franchise Agreement. Additionally, the landlord consents to the collateral assignment of the lease to the franchisor to secure the franchisee's obligations under the Franchise Agreement. This ensures that Face Foundrie has certain rights and protections regarding the leased premises in relation to the franchisee's operation of the Face Foundrie Facial Bar.