What is The Standardx's performance of IT Project Management Services dependent on?

According to The Standardx's 2025 Franchise Disclosure Document, the company's performance of IT Project Management Services is dependent on the franchisee's timely, accurate, and effective performance of all responsibilities listed in Exhibit E to the Franchise Agreement. These services include blueprint review and IT project management and planning and installation, configuration and training services for Hyatt proprietary systems.

For a prospective franchisee, this means that the success of The Standardx's IT Project Management Services, which are crucial for the hotel's opening, hinges on the franchisee fulfilling their obligations as outlined in Exhibit E of the Franchise Agreement. This exhibit likely details specific tasks, deadlines, and standards that the franchisee must meet to enable The Standardx to effectively provide these services.

Failure to meet these responsibilities could potentially delay the hotel opening or lead to substandard IT infrastructure, impacting the hotel's operations and guest experience. Therefore, it is essential for franchisees to carefully review and understand Exhibit E and ensure they have the resources and capabilities to meet all requirements. Franchisees should clarify any ambiguities or concerns with The Standardx before signing the Franchise Agreement to avoid potential issues during the hotel development process.