(1) Performance of the franchise agreement. Concurrently with the performance and delivery of this Franchise Agreement, the FRANCHISEE will pay the FRANCHISOR the sum of twenty-five thousand dollars ($25,000) or twelve thousand five hundred dollars ($12,500) in the case of additional franchises). After such payment by the FRANCHISEE, this portion of the initial franchise fee will not be refunded. (3) Payment to FRANCHISESOR of all funds due and due, including but not limited to upfront franchise fees, royalties, purchases of products or other items, in a timely manner to maintain its franchise. The Company is currently in good condition under all laws and has all the powers and powers necessary to enter into this Agreement with the Owner. According to the current state of knowledge of the owner, there is no legal or personal way that prohibits him from executing this contractual clause. The Company will provide the necessary support to the Owner as set forth below, as agreed in this Franchise Agreement. PandaTip: These sections cover the processes of renewal or termination of the franchise agreement, as well as the terms of the severability clause and jurisdiction. (C) Termination by Franchisee. The FRANCHISEE has the absolute right to terminate this AGREEMENT at any time within ninety (90) days of the Effective Date by notifying the FRANCHISOR in writing of such termination if: (1) the FRANCHISEE fails to purchase or acquire an appropriate location for the FRANCHISE LOCATION; or (2) the FRANCHISEE does not receive all the financial resources necessary for the development, construction and operation of its business. AGREEMENT on its intention to repurchase the franchise for the FRANCHISE LOCATION. Failure by the franchisee to comply with all the terms of this Agreement will result in the termination of the Agreement in its entirety, the Owner agrees to pay the Franchise the rights to own and operate this Franchise Location.

The amount of the payment is shown in the table above and includes all deposits, discounts and fees related to this amount. The owner may sell or transfer the franchise with written and approved notice from the company. D. THE FRANCHISEE has applied to FRANCHISESOR for a franchise to operate a kids `R` Kids Center (the “Center”) and wishes to acquire a license to operate a Center using the commercial format, methods, specifications, standards, operating procedures, operational support, advertising services, common law and other licensed trademarks; and E. Direct supervision. The FRANCHISEE acknowledges that it is an essential consideration for the FRANCHISOR in granting this franchise that the Franchisee Centre is under the direct and local supervision of the FRANCHISEE or, if the FRANCHISEE is a corporation or partnership, by a principal who has been previously approved in writing by the FRANCHISOR, unless the FRANCHISOR has expressly authorized otherwise in writing. (6) The FRANCHISEE undertakes to execute and comply with the standard franchise agreement in force, which is then offered to the new franchisees by the FRANCHISOR. PandaTip: Once the template is completed in its entirety, you and the franchise holder can sign the final draft franchise agreement from any computer, smartphone or tablet. PandaDoc`s electronic signatures are legally permitted and legally binding. C) Inn-Pressive Club®. During the term of this AGREEMENT, the FRANCHISEE will participate at all times, at its own expense, in all programs sponsored now or at a later date by the FRANCHISOR in order to promote and reward frequent and regular guests of Americlnns. All of these programs are set out in the franchisor`s manuals.

Under the FRANCHISOR`s current program, club® INN-Pressive, participating Americlnns guests will receive, among other things, a refund from the FRANCHISOR or a credit on their bill for the eleventh (11th) night they spend in an Americlnn, in the amount of forty and No/100 dollars ($40.00) for ten (10) nights spent in an American. If the customer chooses to receive a credit on his account, the FRANCHISOR will credit the franchisee concerned with forty and not /100 dollars (40.00 USD) upon presentation of the relevant documents. The FRANCHISOR will then charge a fee, and franchisees whose amériphènes have been frequented by the customer must pay franchisor, four and 100 dollars ($4.00) for each of the ten (10) nights that the customer has stayed with each of these franchisees. These amounts must be paid by the FRANCHISEE to the Franchisor within thirty (30) days of receipt of the Franchisor`s invoice. The FRANCHISOR reserves the right, at any time and from time to time, to modify the terms of its INN Pressive Club program, to discontinue the INN Pressive Club program®® and/or to implement or implement one or more new programs for regular customers. The FRANCHISEE acknowledges that the cost of participating in such a modified or new program may be different from or greater than the costs incurred by the FRANCHISEE under the current INN-Pressive Club®. include the right of the franchisor to acquire and pay for research and development of products, production materials, promotional items, brochures, video cassettes, radio research, advertising in the media (including radio, television, Internet, newspapers, magazines and other print advertisements), promotions, marketing, public relations, national conventions, telemarketing and advertising, national, regional and local marketing and promotion that FRANCHISOR deems appropriate and in the best interest of all U.S.® franchisees and the business system. Marketing fees and other amounts deposited into the Marketing Fund may also be used by FRANCHISESOR to develop, produce, reproduce and distribute Americlnn® System directories and brochures and other materials for use in connection with franchisor`s CLUB® INN-Pressive and/or other promotional programs sponsored by FRANCHISOR from time to time.

Although FRANCHISOR will endeavor to use the Marketing Fund to develop promotional and marketing materials and programs and to place advertisements that benefit the U.S. business system®, FRANCHISOR is not obligated to ensure that the Marketing Fund`s expenses in any geographic area or geographic area are proportional or equivalent to Americlnn`s contributions to the Marketing Fund, operating in that geographic area, or an American directly or in proportion to his or her contributions to the Marketing Fund […].