In the context of the Itan franchise agreement, who is referred to as "you"?

According to the 2025 Itan Franchise Disclosure Document, the term "you" refers to each signatory to the Franchise Owner Agreement. Specifically, this includes each of the undersigned owners of the franchisee and the spouse of each owner who is a natural person. This definition is used in the context of the Franchise Owner Agreement, which is an attachment to the main Franchise Agreement. The agreement is made in favor of iTAN Franchising, Inc., identified as "us" in the document.

This definition clarifies who is bound by the terms of the Franchise Owner Agreement. It ensures that all owners of the franchise and their spouses are legally obligated to uphold the agreement's conditions. This is a common practice in franchising to ensure that all parties with a vested interest in the franchise are accountable for its performance and adherence to the franchisor's standards.

Furthermore, the term "you" is also used more broadly within the main Franchise Agreement to refer to the franchisee. This broader usage appears in various sections, such as those defining the "Development Business" as the franchised business the franchisee conducts, and the "Development Fee" that the franchisee must pay. It is important for prospective Itan franchisees to understand that the term "you" can have slightly different meanings depending on the specific agreement or section being referenced.