What terms and conditions of the transfer must Clear Pest Pros approve?

ve a prior relationship with the transferee) sign a general release, in a form satisfactory to us, of any and all claims against us and our shareholders, officers, directors, employees, and agents (such requirement to sign a general release is subject to change in our sole discretion);

• 1. we have approved the material terms and conditions of the transfer , the form of purchase and sale agreement, and determined that the price and terms of payment will not adversely affect the transferee's operation of the Clear Pest Pros Business;
• 1. in the event of an approved transfer to a wholly owned corporation or limited liability company, we will require you to own and control at least 100% of the issued and outstanding capital stock or other ownership interest;
• 1. you must have attended Initial Training and your business must be open in order to transfer the Clear Pest Pros Business;
• 1. You must affirm and comply with your post-termination obligations, including, without limitation, such obligations set forth in Sections 6 or 13.
• 1. the transferee must obtain, within the time limits set by us, and maintain thereafter, all permits and licenses required for the operation of the Clear Pest Pros Business;
• 1. to the extent required by the terms of any leases or other agreements, the lessors or other parties must have consented to the proposed transfer;
• 1. the transfer must be made in compliance with any laws that apply to the transfer, including state and federal laws governing the offer and sale of franchises; and
• 1. if required by us, in our sole discretion, transferee must purchase all or a portion of the Initial Package, new or refurbished equipment, inventory, new vehicles/vehicle wraps, and complete remodeling, refurbishing, renovation or upgrades required by Franchisor, etc.

Source: Item 22 — CONTRACTS (FDD pages 67–68)