What is the purpose of Exhibit B in the Golden Corral FDD?

franchises. A franchise broker represents the franchisor and is paid a fee for referring prospects to the franchisor and/or selling the franchise. If a franchisee is working with a franchise broker, franchisees are advised to carefully evaluate any information provided by the franchise broker about a franchise.

EXHIBIT L

CERTIFICATION

EXHIBIT L

(Not Applicable to Prospective Franchisees in CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA and WI)

CERTIFICATION

Golden Corral Franchising Systems, Inc. ("Golden Corral") wants to be sure that the procedures followed by us and our sales representatives in connection with the offer and sale to you of area development rights and/or franchises for Golden Corral® restaurants have been in full compliance with the law. Please review each of the following statements carefully and, if they are true, please initial each page and sign this certification.

• 1. I am planning to enter into a Franchise Agreement and/or Area Development Agreement with Golden Corral today.
• 1. Prior to today and with respect to this transaction, I have neither entered into any binding agreement with Golden Corral nor paid any money to Golden Corral (or anyone associated with Golden Corral) concerning the granting of the franchise/area development rights.
• 1. I have received a copy of Golden Corral's Franchise Disclosure Document ("FDD") at least 14 calendar days before today.
• 1. I have had ample time and opportunity to conduct an independent investigation about, and to consult with advisors of my own choosing such as lawyers and accountants concerning, the benefits and risks of entering into the Franchise Agreement and/or Area Development Agreement.
• 1. I understand that this business venture involves business risks and that its success will depend largely upon my own ability as an independent business person.
• 1. Neither Golden Corral, nor any representative of Golden Corral, nor any person acting on behalf of Golden Corral, has made any oral representation to me, or provided me with any written representation, which is inconsistent with the information contained in the FDD.
• 1. Neither Golden Corral, nor any representative of Golden Corral, nor any person acting on behalf of Golden Corral, has made any oral representation to me or provided me with any written representation which varies, reduces, expands, creates, eliminates, or is in any way inconsistent with any right or obligation of either Golden Corral or me under any agreement being signed today.

• 1. Except for the information contained in Golden Corral's FDD, neither Golden Corral, nor any representative of or any person acting on behalf of Golden Corral, has made any oral representation to me, or provided me with any written representation, which states or suggests a specific level or range of past, current or future sales, income, costs or profits of franchised or company-owned Golden Corral restaurants.
• 1. Neither Golden Corral, nor any representative of or any person acting on behalf of Golden Corral, has made any oral representation to me, or provided me with any written representation, which states or suggests a specific level or range of past, current or future sales, income, costs or profits that I or any other Golden Corral area developer or franchisee can expect to achieve.

Source: Item 23 — RECEIPTS (FDD pages 85–304)