According to the Itan FDD, what agreement must be signed by Owners and their spouses?

According to Itan's 2025 Franchise Disclosure Document, a Franchise Owner Agreement must be signed by the owners and their spouses. This agreement is referenced in the definitions section of the document, clarifying that the Franchise Owner Agreement is signed by both the owners and their spouses, as detailed in Section 9 of the franchise agreement. Attachment D to the Franchise Agreement contains the current form of this agreement.

The Franchise Owner Agreement itself, as outlined in Attachment D, is made between each of the undersigned owners of the franchisee and the spouse of each owner who is a natural person, in favor of iTAN Franchising, Inc. Each person who signs this agreement is referred to as "you" within the document. This agreement is a legally binding document that ensures all parties involved, including spouses, are aware of and committed to the obligations and responsibilities of owning an Itan franchise.

This requirement is fairly common in franchising, as it aims to ensure that all parties with a significant interest in the franchise are bound by the terms of the franchise agreement. By including spouses, Itan seeks to prevent potential legal challenges or disputes that could arise if a spouse later claims they were unaware of the franchise's obligations or liabilities. Prospective franchisees should carefully review the Franchise Owner Agreement (Attachment D) and seek legal counsel to fully understand its implications before signing.