What exhibit contains the form for the Multi-Unit Development Agreement for Crown Gold Exchange?

According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the Multi-Unit Development Agreement (MUDA) form is attached as Exhibit C. This agreement allows a franchisee to develop multiple Crown Gold Exchange outlets based on a mutually agreed-upon schedule. The FDD specifies that if a franchisee and Crown Gold Exchange sign a MUDA, the franchisee gains the right to establish an agreed-upon number of additional outlets following a mutually agreed-upon schedule.

However, this right is contingent upon several factors. The franchisee must adhere to the development schedule, possess sufficient financial and organizational capacity to manage each additional Crown Gold Exchange business, comply with all brand requirements at their existing businesses, and avoid defaulting on any agreements with Crown Gold Exchange. The franchisor retains approval rights over the locations and territories for these future sites, ensuring they meet the then-current standards.

It's important to note that franchisees are not obligated to develop additional outlets under the MUDA and can terminate the agreement at any time without penalty. However, failure to meet the development schedule outlined in the MUDA grants Crown Gold Exchange the right to terminate the franchisee's ability to develop further outlets. This arrangement is typical in multi-unit franchising, where franchisors seek to balance expansion with ensuring franchisees are capable of managing multiple locations effectively.