What must an Itan franchisee do after the lease and Lease Addendum are fully executed?

You must, at your sole expense, re-image, remodel, renovate, refurbish, and modernize the Premises to comply with all standards and specifications in the Manual, including, without limitation, our required design and layout, construction materials, furniture, fixtures and equipment, interior and exterior signage and trade dress.

We may, at our discretion, limit the required remodeling to painting and lightweight items to limit the required conversion costs.

You must hire a licensed and bonded architect to prepare your construction plans to convert your Premises to an iTAN Salon.

Your architect must ensure the construction plans: (a) incorporate the required minimum modifications and improvements set forth in Attachment C to this Addendum; (b) satisfy all required standards and specifications in the Manual; and (c) comply with all Laws (including the Americans with

Disabilities Act), building codes, permits and lease requirements and restrictions applicable to the premises. You must obtain our approval of the construction plans within 90 days after the Effective Date of this Addendum. The limited purpose of our review is to verify the construction plans are consistent with our system standards. Once approved, you must, at your sole expense, construct and equip the premises according to the approved construction plans and the specifications in the Manual. You must also purchase (or lease) and install all signage, Technology Systems, equipment, fixtures and other items we require and incorporate all required trade dress. At all times during the construction process, you must maintain the minimum general liability and property damage insurance required by the Manual.

• 5. Certificate of Conversion Completion. We will not issue a Certificate of Conversion Completion until all of the following requirements have been satisfied:
  • (a) your Premises meets all of our required standards and specifications;
  • (b) we review and approve the construction, build-out and layout of your facility;
  • (c) you purchase and install all required equipment, furniture, fixtures, decorations and signage;
  • (d) you obtain all required insurance and provide us with proof of coverage (you must ensure we are a named insured on your insurance policies as required by the Franchise Agreemen

Source: Item 23 — RECEIPT (FDD pages 44–190)