For The Standardx franchise, what does Exhibit G completely and accurately identify and describe?

According to The Standardx's 2025 Franchise Disclosure Document, Exhibit G completely and accurately identifies all Owners (other than any Limited Interest Owner) and describes their ownership interests (whether direct or indirect) in Franchisee. It also confirms that none of the Franchisee's Owners (other than a Public Owner) is a Sanctioned Person. This exhibit is crucial for the franchisor to understand the ownership structure of the franchisee entity.

For a prospective franchisee, this means that you must fully disclose all individuals or entities with an ownership stake in your franchise, except for those with limited interests or those considered public owners. This includes providing details on the nature and extent of their ownership, whether held directly or indirectly. The franchisor, Hyatt, uses this information to assess potential conflicts of interest, ensure compliance with legal and ethical standards, and evaluate the overall stability and reliability of the franchisee.

Furthermore, The Standardx requires that none of the owners be a Sanctioned Person, which refers to individuals or entities restricted by government regulations due to involvement in illegal activities. This requirement underscores the franchisor's commitment to maintaining a reputable brand and avoiding legal complications. Franchisees should be prepared to provide accurate and up-to-date information about their ownership structure and ensure that all owners meet the franchisor's criteria.

In summary, Exhibit G serves as a critical disclosure document that helps The Standardx assess the ownership of its franchisees, ensuring transparency and compliance with legal and ethical standards. Prospective franchisees should carefully review and accurately complete this exhibit to avoid any potential issues during the franchise approval process.