What is the deadline for the arbitrator to issue an award after the commencement of the arbitration hearing for Learningrx?

According to Learningrx's 2025 Franchise Disclosure Document, the arbitrator must issue an award no later than ninety (90) days after the commencement of the arbitration hearing. However, this deadline can be extended if both parties agree to a different timeframe.

This means that if a dispute arises and goes to arbitration, a Learningrx franchisee can expect a decision within approximately three months from the start of the hearing, unless an alternative agreement is reached. This provision aims to ensure a relatively swift resolution to disputes, preventing them from dragging on indefinitely.

It is important to note that the arbitrator's decision is binding and conclusive, and judgment upon the award may be entered in any court of competent jurisdiction. The arbitrator's authority is limited to interpreting the agreement and cannot amend or modify its terms. This ensures that the arbitration process focuses on the existing contractual obligations and rights of both Learningrx and the franchisee.