Besides reimbursement for expenses, what additional payment is Ledgers entitled to when operating or assisting in the operation of a Franchised Business during an interim period?

According to Ledgers's 2025 Franchise Disclosure Document, in the event of a franchisee's death or incapacity, Ledgers is entitled to reimbursement for reasonable expenses incurred while continuing the operation of the franchised business. In addition to expense reimbursement, Ledgers is entitled to 10% of the Gross Revenues generated during the period they operate or assist in the operation of the Franchised Business.

This means that if a Ledgers franchisee dies or becomes incapacitated, Ledgers can step in to manage the business during the interim period. This ensures continuity of the business and service to clients.

The 10% of Gross Revenues that Ledgers collects during this period is compensation for their management and operational assistance. This is on top of any reimbursements for expenses they incur while running the business. This arrangement is designed to protect Ledgers's interests and ensure the continued operation of the franchise during a difficult time for the franchisee or their family.