If the Itan agreement is a Successor Agreement, what governs the term and renewal rights?

According to Itan's 2025 Franchise Disclosure Document, if the franchise agreement is a Successor Agreement, the term and any remaining renewal rights are governed by the original franchise agreement.

This means that the terms of the initial agreement a franchisee signed with Itan will continue to dictate the length of the agreement and the conditions under which it can be renewed, even after a Successor Agreement is in place. Franchisees need to refer back to their original franchise agreement to understand their rights and obligations regarding the term and renewal options.

This clause is important because the terms of Itan's franchise agreements may change over time. If a franchisee signs a Successor Agreement, they might expect the new agreement to govern their term and renewal rights. However, this section clarifies that the original agreement still controls these aspects, which could be beneficial or detrimental depending on the specific terms of that original agreement.