factual

Who is the Itan Franchise Agreement binding upon?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

ATTACHMENT "D"

TO FRANCHISE AGREEMENT

FRANCHISE OWNER AGREEMENT

[See Attached]

FRANCHISE OWNER AGREEMENT

This Franchise Owner Agreement (this "Agreement") is entered into by: (a) each of the undersigned Owners of Franchisee (defined below); and (b) the spouse of each such Owner who is a natural Person, in favor of iTAN Franchising, Inc., a California corporation, and its successors and assigns ("us"). Each signatory to this Agreement

Source: Item 23 — RECEIPT (FDD pages 44–190)

What This Means (2025 FDD)

According to the 2025 Itan Franchise Disclosure Document, the Franchise Owner Agreement is entered into by each of the undersigned owners of the franchisee, as well as the spouse of each owner who is a natural person, in favor of Itan Franchising, Inc., including its successors and assigns. This means that not only are the individual franchise owners bound by the agreement, but also their spouses if they are individuals, ensuring a comprehensive commitment to the terms outlined in the agreement. This agreement is made in favor of Itan, ensuring that Itan can enforce the agreement.

This comprehensive approach ensures that Itan has recourse not only against the franchisee entity but also against the individuals who own and control it, as well as their spouses. This is particularly relevant in cases where the franchisee is a legal entity, such as a corporation or limited liability company, as it extends the obligations to the individuals behind the entity. By including spouses, Itan aims to prevent potential loopholes or conflicts of interest that could arise if the spouse were not bound by the agreement.

For a prospective Itan franchisee, this means that if you are married and intend to own the franchise, your spouse will also be required to sign the Franchise Owner Agreement. This is a critical point to consider, as it legally binds your spouse to the terms and conditions of the franchise agreement. It is essential to fully understand the implications of this requirement and discuss it with your spouse before proceeding with the franchise opportunity. Franchisees should seek legal counsel to fully understand the obligations and liabilities associated with the Franchise Owner Agreement, especially concerning their spouses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.