What events are considered 'Reportable Events' that an Itan franchisee must report?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Reportable Event" means any event or occurrence described in §15.6 that you must report to us.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to the 2025 Itan Franchise Disclosure Document, a 'Reportable Event' is defined as any event or occurrence described in §15.6 that a franchisee must report to Itan.
However, the provided excerpts from the FDD do not include the content of §15.6, which would list the specific events or occurrences that qualify as Reportable Events. Without this section, it is impossible to determine what situations would require an Itan franchisee to notify the franchisor.
A prospective Itan franchisee should carefully review §15.6 of the Franchise Agreement to understand their reporting obligations. They should ask Itan for a complete copy of the Franchise Agreement and Disclosure Document to ensure they are aware of all Reportable Events and the associated requirements.