How does a Circle K franchisee pay the Software License Fee for the TMC Software?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
independent qualified appraiser shall be appointed by a Judge of the United States District Court for the District in which the Store is located upon petition of either party. If this Agreement is terminated, TMC may require Franchisee to pay all fees associated with the disconnection and removal of the Equipment.
2. SOFTWARE LICENSES
- 2.1 TMC Software. Franchisee agrees to license and use the software designated by TMC from time to time to operate the Equipment ("TMC Software"). TMC may upgrade, change, or modify the TMC Software at any time upon sixty (60) days' advance written notice. Franchisee agrees to license from TMC the TMC Software identified in Exhibit B to this Agreement for a Software License Fee of Zero Dollars ($0) per month payable to TMC at
Source: Item 22 — CONTRACTS (FDD page 100)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the franchisee agrees to license the TMC Software, which is designated by TMC to operate the equipment. Currently, the Software License Fee is Zero Dollars ($0) per month.
The franchisee pays this fee to TMC at the same time when royalty payments are due for the preceding month. The payment methods are either (i) ACH account withdrawals from the franchisee's bank account, or (ii) at TMC's election, by mail to TMC Franchise Corporation, P.O. Box 52085, Phoenix, Arizona 85072-2085.
TMC retains the right to increase the Software License Fee, but they must provide sixty (60) days' advance written notice before doing so. This ensures that franchisees are informed of any changes to their monthly expenses and have time to adjust their budgets accordingly.