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ANYTIME FITNESS FRANCHISE DISCLOSURE DOCUMENT

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Provision<br />

b. Renewal or<br />

extension of the<br />

term<br />

Section in Franchise or<br />

Other Agreements<br />

Sections 3.A and 4 and<br />

Rider Area<br />

Development Agreement<br />

Section 2.B - Franchise<br />

Agreement<br />

Area Development<br />

Agreement - None<br />

c. Requirements Section 2.B - Franchise<br />

for you to renew Agreement<br />

or extend<br />

Area Development<br />

Agreement - None<br />

d. Termination Section 15 - Franchise<br />

by you Agreement<br />

e. Termination<br />

by us without<br />

cause<br />

FDD<br />

Sections 4 and 5 - Area<br />

Development Agreement<br />

Section 7 - Franchise<br />

Agreement<br />

Area Development<br />

Agreement - None<br />

Summary<br />

The term depends on the number of franchises to be<br />

developed under the Area Development Agreement. It will<br />

typically be between 1 and 4 years.<br />

If you are in good standing, you can renew your franchise for<br />

an additional 5 year period. You cannot renew the Area<br />

Development Agreement.<br />

Not applicable.<br />

Give written notice; sign new franchise agreement (which<br />

may contain materially different terms and conditions than<br />

your original Franchise Agreement); update (or move) your<br />

location to comply with then current standards; sign general<br />

release; pay renewal fee; show that you have the right to<br />

remain in possession of the location for the renewal term;<br />

your staff completes any required refreshing training.<br />

You do not have the right to renew or extend the Area<br />

Development Agreement.<br />

If we materially breach the Franchise Agreement and fail to<br />

cure the breach within 30 days after notice, you can then<br />

terminate the Franchise Agreement by giving us an<br />

additional 10 days notice.<br />

You do not have the right to terminate the Area Development<br />

Agreement.<br />

If you and we are unable to agree on a site within 60 days<br />

after you sign the Franchise Agreement, we have the right to<br />

terminate this Franchise Agreement.<br />

Not applicable.<br />

32

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