According to the Itan Area Development Agreement, what is included in Attachment A?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
thereof.
- 13.13.Notices. All notices and notifications given under this Agreement must be in writing and must be provided in accordance with the Notice Provision of the Initial Franchise Agreement.
- 13.14.Counterparts. This Agreement may be signed in multiple counterparts, each of which shall be deemed an original and all of which together shall constitute but one and the same document.
[Signature Page Follows]
The parties below have executed this Agreement effective as of the Effective Date first above written.
FRANCHISOR:
iTAN Franchising, Inc., a California corporation YOU (If you are an Entity): YOU (If you are not an Entity): , a(n)
ATTACHMENT "A"
TO AREA DEVELOPMENT AGREEMENT
DEAL TERMS
A. Area Developer Details Name of area developer: [] Is the area developer one or more natural Persons signing in their individual capacity? Yes: No: Type of Entity and State of Formation* (if applicable): [] * If the area developer is a business Entity, each Person holding a direct or indirect Equity Interest in the Developer Entity,
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, Attachment A to the Area Development Agreement includes deal terms related to the area developer, development fees, and the development schedule. Specifically, Part A of Attachment A requires the area developer to provide their name, indicate whether they are signing as an individual or an entity, and if an entity, specify the type and state of formation. If the area developer is a business entity, each person holding an equity interest, including their spouse, must sign a Franchise Owner Agreement. The attachment also requires a table listing the full name of each person holding a direct or indirect equity interest, along with a description of their equity interest and notice address.
Part B of Attachment A specifies the development fee amount, which is represented by a blank space in the excerpt. Part C outlines the development schedule, referencing Section 4 of the Area Development Agreement, which details the minimum development obligations the area developer must meet.
Additionally, the Development Schedule is defined as the schedule described in Section 4.1 and Part C of Attachment A for the development of the Required Salons within the Development Territory. The Development Territory itself is described in Part D of Attachment A. If Itan approves the site for the Salon before signing the Area Development Agreement, Part E of Attachment A will describe the territory.