What document is considered the 'Franchise Agreement' under the Itan area development agreement?

According to Itan's 2025 Franchise Disclosure Document, the 'Franchise Agreement' within the context of the area development agreement refers to an iTan Franchise Agreement. This agreement is executed between Itan and the franchisee (or their affiliate) and governs the development and operation of a salon under the area development agreement.

In essence, while an area development agreement grants the rights to develop multiple Itan locations within a specific territory, each individual salon must also be governed by a separate, standard Franchise Agreement. This ensures that each Itan salon adheres to the brand's operational standards and that the franchisee understands their obligations for each specific location.

Prospective Itan area developers should carefully review both the area development agreement and the standard Franchise Agreement to fully understand their rights and obligations. The interplay between these two agreements is crucial for managing and operating multiple Itan locations successfully.