What sections of the Buildingstars Franchise Agreements outline post-termination obligations related to financing?

According to Buildingstars's 2025 Franchise Disclosure Document, Item 10 on Financing indicates that post-termination obligations are detailed in Section XI.C of the Franchise Agreements. This section is further referenced in Item 17 of the Disclosure Document. This means that if the franchise agreement is terminated, either by the franchisee or Buildingstars, the obligations related to any financing provided by Buildingstars will be found in Section XI.C.

Buildingstars may offer financing for a portion of the Initial Franchise Fee or Account Sales Fees, as explained in Item 5. If Buildingstars provides financing, the franchisee will likely sign a Promissory Note, a copy of which is attached as an exhibit to each Program's Franchise Agreement. Upon default, the franchisee is obligated to pay the entire amount due under the Promissory Note, including court costs and attorney's fees for collection and termination of the franchise.

Furthermore, a default under the Promissory Note is considered a default under the Franchise Agreement. Owners and their spouses are typically required to sign a personal guarantee of the Promissory Notes. Therefore, it is crucial for prospective franchisees to carefully review Section XI.C of the Franchise Agreement to fully understand their financial obligations after termination, especially if they receive financing from Buildingstars.