What agreements are included as exhibits to the Motor Fuel Agreement for a Circle K franchise?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit E. | CIRCLE K ACKNOWLEDGMENT ADDENDUM | |
|---|---|---|
| Exhibit F. | CONVENIENCE STORE FRANCHISE AGREEMENT | |
| Exhibit 1 | Data Sheet | |
| Exhibit 2 | Electronic Point of Sale and Software Agreement | |
| Exhibit 3 | Electronic Funds Transfer Authorization | |
| Exhibit 4 | Equipment/Construction Funding Agreement | |
| Exhibit 5 | Personal Guaranty | |
| Exhibit 6 | Credit Network Agreement | |
| Exhibit G. | MOTOR FUEL AGREEMENT | |
| Exhibit 1 | Security Deposit Agreement | |
| Exhibit 2 | Credit Network Agreement | |
| Exhibit 3 | Incentive and Amortization Agreement, with exhibits (Exhibit A – Promissory Note; Exhibit B – Security Agreement) |
Source: Item 22 — CONTRACTS (FDD page 100)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the Motor Fuel Agreement has three exhibits. These include the Security Deposit Agreement, the Credit Network Agreement, and the Incentive and Amortization Agreement, which itself contains exhibits such as a Promissory Note and a Security Agreement.
These agreements outline the financial and operational aspects of supplying Circle K branded fuel. The Security Deposit Agreement likely details the terms for any security deposit required by Circle K. The Credit Network Agreement probably governs the franchisee's participation in Circle K's credit card processing program. The Incentive and Amortization Agreement, along with its exhibits, likely outlines any financial incentives offered by Circle K to the franchisee and the terms for amortizing certain costs or investments.
Prospective Circle K franchisees should carefully review these exhibits to understand their obligations and rights related to fuel supply, credit card processing, and financial incentives. Understanding these agreements is crucial for assessing the overall profitability and operational requirements of a Circle K franchise that includes motor fuel sales.