Does All Team require franchisees to comply with changes to insurance requirements, and who bears the cost?

• 1. Such other insurance as may be required by the applicable state or local law of the Area.
• 1. If FRANCHISEE is going to place licensed medical professionals, FRANCHISEE will need to obtain additional professional liability insurance which will be described in greater detail in the Manual.

FRANCHISEE agrees to comply with any of changes to the insurance requirements, at FRANCHISEE's sole cost and expense. All general liability insurance policies will name ATFC, its affiliates and its successors and assigns, and National Accounts (as applicable) as additional insured and will provide that ATFC must receive thirty (30) days prior written notice of any termination, expiration or cancellation of the insurance policy. Each year FRANCHISEE must provide ATFC with a certificate or other evidence of FRANCHISEE's compliance with the insurance requirements. If FRANCHISEE fails to maintain such insurance, ATFC may procure such insurance on FRANCHISEE's behalf and will be entitled to reimbursement from FRANCHISEE for ATFC's costs to do so, in addition to any other rights and remedies ATFC may have under this Agreement. However, ATFC is not obligated to obtain such insurance on FRANCHISEE's behalf. In any event, FRANCHISEE will be charged a penalty of $500 per month and prohibited from operating the Agency until the required Certificate of Insurance is received by ATFC. Regardless of the amounts set forth above, it will be FRANCHISEE's responsibility to maintain adequate insurance coverage at all times during the term of and after the expiration of this Agreement. FRANCHISEE recognizes that the levels of insurance described above are merely a minimum requirement. FRANCHISEE should determine if additional insurance is necessary through consultation with its advisors. FRANCHISEE's failure to maintain coverage will not relieve FRANCHISEE of any contractual responsibility or obligation or liability under this Agreement.

• I. Inspections. FRANCHISEE shall permit representatives or agents of ATFC to enter the business premises during regular business hours to inspect and audit the business operations, and compliance with National Account requirements, as applicable.
• J. Cooperation for Financial Performance Representations. FRANCHISEE shall maintain its books and records in accordance with generally acceptable accounting principles, consistently applied. If ATFC at any time desires to utilize a financial performance representation or similar document in connection with the sale of franchises, FRANCHISEE agrees to provide ATFC, at no cost, with such reasonable information as ATFC requires from FRANCHISEE in order to properly prepare such documents, and shall permit ATFC to utilize such information as it deems necessary.
• K. Innovations. All ideas, concepts, techniques, innovations, developments, improvements, suggestions or materials concerning the Agency, whether or not protectable intellectual property and whether created by or for FRANCHISEE or its owners, affiliates, employees or representatives, must be promptly disclosed to ATFC and will be deemed to be ATFC's sole and exclusive property, part of the System and works made-for-hire for ATFC. To the extent any such item does not qualify as a "work madefor-hire" for ATFC, FRANCHISEE must assign, or must require its owners, affiliates, employees or representatives to assign, its or their ownership interest of such item to ATFC. FRANCHISEE agree to take, or direct FRANCHISEE's owners, affiliates, employees or representatives to take, whatever action required by ATFC to document such assignment or to assist ATFC in obtaining any and all intellectual property rights in such item.
• L. Financial Reports. FRANCHISEE agrees to furnish to ATFC the following described reports at the times designated below on forms required by law or prescribed and furnished by ATFC, as appropriate:

Source: Item 22 — CONTRACTS (FDD pages 33–34)