Is all initial training mandatory for a Camp Margaritaville franchise?

sts for initial training and related expenses, including any optional initial training costs, will range from $25,000 to $100,000. These payments are not refundable.

Offsite Training

This initial training will be provided by us at a mutually agreed upon Camp Margaritaville Resort or other Margaritaville-branded venue. This training is required for Key Personnel. The training lasts approximately three weeks and should be completed no later than 30 days prior to opening. You will be responsible for all costs associated with the trainees, including, but not limited to, wages, salaries, housing, travel-related expenses and per diem charges incurred by trainees, subject to a mutually agreed upon budget for those costs. You will not, however, be responsible for costs or expenses related to the training venue or the venue's employees.

TRAINING PROGRAM

Management Training – Offsite

| | Obligation | Section in agreement | Disclosure document item | |---|---|---|---| | p. Owner’s | Sections 4.03-4.04 (FA) | Items 11 and 15 | | | participation/management/ | | | | | staffing | | | | | q. Records and reports | Articles VI-VII (FA) | Item 11 | | | r. Inspections and audits | Sections 4.16, 7.02 (FA) | Items 6 and 11 | | | s. Transfer | Article XII (FA) | Item 17 | | | t. Renewal | Sections 1.03-1.06 (FA) | Item 17 | | | u. Post-termination obligations | Article XVI (FA) | Not applicable | | | v. Non-competition covenants | Article IX (FA) | Item 17 | | | w. Dispute resolution | Article XVII (FA) | Item 17 | | | x. Honoring guest unit rates | Section 4.06(c)(xii) (FA) | Item 16 | | | y. Guarantor net worth threshold | Section 2.12 (FA) | Item 15 | | | z. Guaranty | Section 2.12 (FA) | Item 15 | | | aa. Right of first offer | Section 12.03 (FA) | Not applicable | | | Subject | Hours of Classroom Training | Hours of On-The Job Training | Location | | Camp Margaritaville Procedures FOH | 1 | 16 | Franchisor-selected Margaritaville-branded venue | | Camp Margaritaville Procedures BOH | 1 | 8* | Franchisor-selected Margaritaville-branded venue | | Camp Margaritaville Procedures Management | 3 | 8 | Franchisor-selected Margaritaville-branded venue | | Total | 7 | 33 | | ^* The above chart assumes full food and beverage operations. For Resorts with very limited F&B (no food, or only bar) BOH procedures may be reduced by 8 hours.

Task Force Training

For the final part of our required initial training program, we will provide to you a task force to assist in onsite pre-opening training for the Resort to occur approximately 30 days prior to opening. That task force may include personnel employed directly by us or personnel from existing Camp Margaritaville Resorts or other Margaritaville-branded venues. We will be responsible for any costs associated with our personnel, while you will be responsible for any other costs relating to the task force, including costs related to personnel from existing Camp Margaritaville Resorts or other Margaritaville-branded venues. The task force takes place on dates and times mutually agreed upon by you and us. The task force training typically lasts between 10 to 14 days, although we may (at our option) conduct this training on more than one visit.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 46–55)