Carvel Franchisor

Franchise agreement

In addition, we and our affiliates, through the Computer System or otherwise, have the right to independently access the Customer Information.

Franchise agreement

On or before February 1st of each year (or such other date specified by us in the Manuals or otherwise in writing, which may be by email or other electronic communications), you must furnish to us a statement of the profit and loss of the Franchised Carvel Franchise Agreement 03 27 26 v1 34 1627673063.2 Business for…

Item 11

We do not have an advertising council composed of franchisees that is involved in decision-making on advertising issues, but the Carvel Franchise Advisory Council (“FAC”) provides us suggestions on advertising issues.

Item 8

We may, at any time, in our discretion, change, delete, or add to any of our specifications or quality Standards.

Item 8

During the fiscal year ended December 29, 2025 (“Fiscal Year 2025”), we received payments totaling $9,447,586 from Approved Suppliers.

Item 8

Currently, we estimate that your purchases from Approved Suppliers and otherwise under our Standards will be about 85% of the total purchases and lease of products and services needed to establish a Shoppe and about 90% of the total purchases and leases of products and services needed to operate a Shoppe.

Item 8

You must pay us a charge not to exceed the reasonable cost of the inspection and our actual cost of testing the proposed Goods or evaluating the proposed Supplier, including personnel and travel costs, whether or not the Goods or Supplier is approved.

Item 8

If you would like to offer products or use any Goods that we have not approved or to purchase or lease from a Supplier that we have not approved, you must submit a written request for approval and provide us with any information that we request.

Franchise agreement

You acknowledge that as between you and us, we have the sole rights to and interest in all Identifiers.

Item 1

You must ensure that your computerized point-of-sale system (the “POS System”) or your credit card processing terminals (whichever are responsible for processing credit card transactions) are in compliance with the most current Payment Card Industry Data Security Standards (“PCI-DSS”).

Franchise agreement

We also may require you to participate in customer satisfaction surveys or other audit programs, including electronically through the use of telecommunications devices or otherwise, to assess your compliance with our customer service standards.

Franchise agreement

We or any of our authorized agents may at any time during normal business hours (including pre-opening and post-closing) enter the Franchised Business or any other place where business related to the Franchised Business is conducted and: (i) conduct an operational audit to determine your material compliance, as we…

Franchise agreement

We may make additions to, deletions from, and modifications to the Manuals (“Supplements”), Standards, or System from time to time in any form or fashion

Item 12

Your Shoppe may only be operated at the Accepted Location.

Franchise agreement

Unless we consent otherwise in writing, you may not, directly or indirectly, conduct or be involved in any Digital Marketing that use the Marks or that relate to the Franchised Business.

Item 11

You must spend the Grand Opening Obligation on grand opening advertising promoting the opening of your Shoppe during the period beginning during the period beginning 90 days before you open the Shoppe and 90 days after you open the Shoppe.

Item 11

Currently, to satisfy your Local Marketing Obligation, each calendar quarter, you must spend on local market advertising at least 2% of your Net Sales (1% of Net Sales for Ice Cream Trucks or Co-Branded Shoppes).

Item 16

You must participate in the Gift Card and Loyalty Programs that we establish, and you must have available for sale to customers a sufficient number of gift cards to meet the demands of your Shoppe.

Item 8

You must purchase at least 98% of your food-related products from Approved Suppliers; you may purchase up to 2% of your food-related purchases (such as milk, minor ingredients, and fruit) from other Suppliers.

Item 8

You must purchase these items only from an Approved Supplier unless we specify otherwise.

Item 8

We also require you to use designated Approved Suppliers for point-to-point encryption (“P2PE”) solutions (hardware and software) that are used in cooperation with your POS System to provide secure and compliant payment processing services.

Item 6

We reserve the right to collect all fees due to us under the Franchise Agreement through EFT.

Item 16

You must participate in the Gift Card and Loyalty Programs that we establish, and you must have available for sale to customers a sufficient number of gift cards to meet the demands of your Shoppe.

Franchise agreement

Your Franchised Business must employ at least two Managers who have successfully completed the Management Training Program and are dedicated to the Franchised Business.

Item 8

You must purchase all of your requirements of Proprietary Ingredients, Proprietary Products, and proprietary uniforms, signs, menu boards, smallwares, materials, supplies, paper goods, equipment, and packaging (collectively, the “Proprietary Goods”) from us, our affiliates, or our designated Approved Suppliers.

Item 11

you must purchase or lease and use a POS System specified by us from a designated Approved Supplier.

Item 11

We will have independent electronic and manual access to certain information within the POS System and there are no contractual limitations on our right to access this information.

Item 11

We may charge a reasonable fee (which we expect typically to range from $0 to $2,500) for these additional programs to cover our costs of providing them.

Item 11

Your Primary Contact, Manager(s), Owners, and supervisory personnel must attend any conferences, conventions, programs, or additional or refresher training sessions that we specify.