conditional

Under what conditions does the Schedule automatically terminate for The Standardx franchise?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

ted and Owner does not enter into a franchise agreement, hotel management agreement or hotel services agreement with Hyatt or its affiliate such that the Property continues to operate under a Hyatt brand or affiliation immediately following termination, or (ii) the Central Hotel Services by Hyatt Master Agreement expires or is terminated; and/or

  • c. If either party commits a material breach of any provision of this Schedule and has failed to cure such breach within ten (10) days of receiving written notice, the other party may terminate this Schedule immediately upon written notice.

Upon termination of this Schedule, Owner shall remit to Hyatt payment for Services rendered through the effective date of termination.

[Signature Page to Follow]

2 NTD: Delete this entire sentence if there is no term commitment being made by the hotel.

IN WITNESS WHEREOF, the parties executed this Schedule as of the Schedule Effective Date.

[Insert Owner's Contracting Entity] Hyatt Corporation

FIELD MARKETING PROGRAM SCHEDULE TO CENTRAL HOTEL SERVICES BY HYATT MASTER AGREEMENT

SERVICES AND FEES ATTACHMENT – EFFECTIVE MARCH 2025

Choose an item.

  • **1.

Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, the Schedule to the Central Hotel Services by Hyatt Master Agreement will automatically terminate under specific conditions. These conditions are consistent across multiple schedules, including the Digital Ancillary Services Program, Global Property Guest Services Program, Field Marketing Program, Central Sales Program, and Revenue Management Services Program.

Specifically, the Schedule automatically terminates if the Franchise Agreement expires or is terminated, and the Owner does not enter into a new franchise agreement, hotel management agreement, or hotel services agreement with Hyatt or its affiliate. This ensures that the property continues to operate under a Hyatt brand or affiliation immediately following the termination of the original agreement. Additionally, the Schedule will automatically terminate if the Central Hotel Services by Hyatt Master Agreement itself expires or is terminated.

These automatic termination clauses protect Hyatt's interests by ensuring continued brand consistency and adherence to the Master Agreement. For a prospective The Standardx franchisee, this means that their participation in these programs is directly tied to their active franchise agreement and the overarching Master Agreement with Hyatt. If the franchisee loses their franchise or the Master Agreement is terminated, their participation in these specific service programs ends automatically.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.