When does the Caring Transitions National Branding Fund fee payment obligation begin?

ives.

• 1. Payable to Caring Transitions National Branding Fund beginning on the fifth day of the second month following the month in which you complete the initial training program. We will extend the National Branding Fund start date for an additional month if you comply with System Standards for opening your business (including completing a business plan and recommended

• marketing activities), sign a general release, and are in full compliance with the Franchise Agreement. We reserve the right to increase the National Branding Fee in the future, but not by more than 10% per each year in which the franchise agreement has been in effect.

• 1. Late fees on royalty payments and revenue reports are payable to us. Late fees on national branding fee payments are payable to the National Branding Fund.
• 1. Interest on royalty payments and late revenue reports is payable to us. Interest on national branding fee payments is payable to the National Branding Fund.
• 1. Interest accrues from the date payment was due.
• 1. Refunds are payable to the customer, but you must reimburse us within 10 days if we issue a refund on your behalf.
• 1. The royalties, national branding fees, or other fees you pay to us may be entirely or partially subject to state or local sales or use tax, depending upon the law in your state.

Source: Item 6 — OTHER FEES (FDD pages 13–16)