What is Learningrx's obligation regarding consent to a proposed transfer or assignment by the franchisee?

According to Learningrx's 2025 Franchise Disclosure Document, if the franchisor's consent is required for any transfer, whether full or partial, Learningrx will not unreasonably withhold such consent.

However, Learningrx requires that the franchisee or transferee is solely responsible for payment of any third-party broker commissions resulting from the transfer. Additionally, Learningrx must be provided with all information about the proposed transferee as it may reasonably require. No assignment to a competitor of the Learningrx system will be permitted because of the confidential information available to a franchisee.

For certain transfers, such as those involving family members or existing owners, specific conditions must be met, including that the franchisee is not in material default of the agreement. The franchisee's obligations under the addendum are personal and may not be voluntarily or involuntarily sold, pledged, assigned, transferred, shared, subdivided, sub-franchised, encumbered, or transferred in any way without Learningrx's prior express written approval.