What happens to the fees for services provided to The Standardx franchise up to the termination date?

According to The Standardx's 2025 Franchise Disclosure Document, upon termination of the agreement, the franchisee must remit payment to Hyatt for services rendered through the effective date of termination, as per any applicable schedule. This obligation applies regardless of the reason for termination.

This means that if a The Standardx franchise agreement is terminated, whether by the franchisee, the franchisor, or due to other circumstances, the franchisee is responsible for paying for all services provided up to the date the termination takes effect. These services are outlined in various schedules such as the Field Marketing Program Schedule, Central Sales Services Schedule, Revenue Management Services Schedule, Global Property Guest Services Schedule, and Digital Ancillary Services Schedule.

The fees for these services, and the services themselves, may be updated by Hyatt at any time by providing an updated attachment to the relevant schedule. The franchisee is responsible for the fees set forth on Hyatt's current applicable schedules as of the service effective date, and any subsequently updated fees. Hyatt also reserves the right to suspend services if the franchisee fails to pay or perform any of its obligations under the agreement or any applicable schedule.

Therefore, a prospective The Standardx franchisee should be aware that in the event of termination, they will be required to settle all outstanding payments for services rendered up to the termination date. It is important to carefully review all schedules and updated service schedules to understand the scope of services and associated fees, and to ensure timely payment to avoid service suspension.