Where in the Ledgers Disclosure Document can I find information on the franchisee's obligations regarding compliance with standards, policies, and the manual?

According to Ledgers' 2025 Franchise Disclosure Document, Item 9 provides a table outlining the franchisee's principal obligations under the franchise and other agreements. This table serves as a roadmap to locate more detailed information about these obligations within the franchise agreement and other items in the Disclosure Document. Specifically, it indicates where to find information regarding a franchisee's obligation to comply with Ledgers' standards, policies, and manual.

According to the table, the section in the Franchise Agreement that discusses compliance with standards and policies/Manual is Section 4.4. The items in the Disclosure Document that further elaborate on this obligation are Items 8 and 11. Therefore, a prospective franchisee should review these sections of the Franchise Agreement and Disclosure Document to fully understand their responsibilities in adhering to Ledgers' operational guidelines.

It is important for potential Ledgers franchisees to carefully review these sections to understand the extent of their obligations. Compliance with standards, policies, and the manual is crucial for maintaining brand consistency and quality across all franchise locations. Failure to comply could result in penalties or even termination of the franchise agreement. Therefore, understanding these obligations is a key part of the due diligence process.