What exhibits are attached to the Bor Restoration Franchise Agreement?

According to Bor Restoration's 2024 Franchise Disclosure Document, the franchise agreement includes several exhibits that detail various aspects of the franchise relationship. These exhibits provide franchisees with essential information and agreements related to fees, territory, legal releases, confidentiality, and state-specific requirements.

Specifically, Exhibit 1 covers the Initial Franchise Fee and Statement of Ownership, outlining the upfront costs and ownership details for the franchise. Exhibit 2 defines the Exclusive Territory and Franchised Location, which is crucial for understanding the franchisee's operational area and potential market. Exhibit 3 includes the Release for Criminal and Credit Check, indicating the background checks required by Bor Restoration. Exhibit 4 provides a General Release, likely covering various liabilities and waivers. Exhibit 5 details the Collateral Assignment of Contact and Electronic Information, addressing the handling of important data. Exhibit 6 is the Confidentiality Agreement, ensuring the protection of Bor Restoration's proprietary information. Exhibit 7 contains State Addenda, which are modifications or additions to the franchise agreement to comply with specific state laws. Exhibit 8 is the Guaranty, which may require a personal guarantee from the franchisee or another party. Finally, Exhibit 9 is the Closing Acknowledgement, confirming that the franchisee understands and agrees to the terms of the franchise agreement.

Prospective Bor Restoration franchisees should carefully review each of these exhibits to fully understand their rights, responsibilities, and obligations under the franchise agreement. Understanding these documents is a critical part of the due diligence process before investing in a Bor Restoration franchise.