What does the Christian Brothers Automotive franchise agreement say about renewal terms?

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and

otherwise been in compliance with all of its obligations under this Agreement and

under all other agreements between Franchisor (and its affiliates, subsidiaries and

designees, if any) and Franchisee;

(b) Franchisee will have refurbished, redesigned or remodeled its Franchised Business,

and will have provided for such upgrading and replacement of equipment, displays,

materials and inventory, by the time the Renewal Term is scheduled to commence.

Franchisor requires that all of the foregoing will be completed in compliance with:

(i) Franchisor's then-current specifications for its franchised businesses; and (ii) the

then-current requirements of the Renewal Agreement. In determining the refurbish,

redesign and/or remodel requirements for the Renewal Agreement, Franchisor will

take into account how recently the Premises has been Remodeled, as defined in

Section 10.26 herein; and

(c) Franchisee must have executed a general release, satisfactory to Franchisor, of any

and all claims against Franchisor and its subsidiaries, affiliates, and designees and

their respective officers, directors, shareholders, agents, contractors, and

employees, in their corporate and individual capacities, arising out of or related to

this Agreement or the relationship between the parties. No such document will

Franchise Agreement (Ver 04-14-2025)

Franchisee: \_\_\_\_\_\_\_\_\_\_\_

Franchisor: Christian Brothers Automotive Corporation

purport to release Franchisor from any future claims arising out of or related to the

Renewal Agreement.

3.06 Notice of Expiration. If applicable law requires that Franchisor give notice of expiration

to Franchisee prior to the expiration of the Initial Term, Franchisor will provide such

notice.

Source: Item 23 — RECEIPTS (FDD pages 76–372)