FORMOSA UNITED INC.ANDA BOBA TEAANDA BOBA TEA

Item 8

We require unlimited remote access to the transactional and operational data stored on your POS System.

Item 8

At present, aside from these items, neither we nor our affiliates sell or lease any other goods, services, supplies, or equipment necessary to open or operate your ANDA BOBA TEA Outlet.

Item 8

We may designate one or multiple suppliers for a given item or service, and we may direct you to purchase exclusively from any such supplier(s).

Item 8

For the fiscal year ending December 31, 2025, the franchisor did not derive any revenue from required purchases or leases.

Item 8

Based on available industry data and the franchisor’s experience, it is estimated that required purchases and leases from the franchisor or its affiliates will constitute approximately 51% of the total purchases and leases necessary for a franchisee to establish and operate the franchised business.

Item 8

We may require you to allow us or our representatives to inspect the supplier’s facilities and/or to test product samples at a laboratory we select (with the cost of evaluation or testing to be paid by you).

Item 8

If you wish to purchase products from a supplier not on our approved list, you must submit a written request that includes proof the proposed supplier meets our specifications and standards.

Franchise agreement

At the time of termination or expiration of this Agreement, for any reason, Franchisee must transfer the telephone numbers for Franchisee's Store to Franchisor or cancel them and de-list them from any applicable telephone directory or other telephone number listing service.

Franchise agreement

Franchisor and its designated agents also have the right at all reasonable times, upon 10 days prior notice, to examine, copy and audit the books and records relating to the Store and Franchisee’s operation of the Franchised Business.

Franchise agreement

Franchisor has the right to modify the Confidential Operations Manual at any time by the addition, deletion or other modification of the provisions thereof.

Item 11

Although you typically locate the site for your Outlet, we must give final consent before you can establish your business there (see Section 7.2(a) of the Franchise Agreement).

Franchise agreement

Franchisee will use the ANDA BOBA TEA website and any other Internet or social media only as specifically authorized by Franchisor in section 6.2(a) of this Agreement, the Confidential Operations Manual or otherwise in writing to market the Franchised Business conducted at Franchisee's Store.

Franchise agreement

Franchisee is required to obtain such uniforms and attire only from an e-store set up by Franchisor's affiliates or from other approved manufacturers or distributors.

Item 8

You must purchase a point-of-sale system (“POS System”) for your Outlet from an approved third- party supplier.

Franchise agreement

Franchisor requires payment of all fees and amounts due under this Agreement (including, but not limited to, Required Inventory costs, Royalties, Marketing and Promotion Fees) by electronic funds transfer (“EFT”) through the Automated Clearing House (“ACH”) network or another automatic payment mechanism Franchisor…

Item 15

Additionally, as disclosed in section 8.1(a) of the Franchise Agreement, you must employ at least one designated Store Manager (if you are a sole proprietor, this will be you, and if you are an entity, this will be a Principal Equity Owner of at least 50% of the franchisee entity) who has successfully completed our…

Franchise agreement

Franchisor is entitled to prescribe standard uniforms and attire for all of Franchisee's ANDA BOBA TEA personnel to enhance the customer experience at the Store and to protect Franchisor's reputation for quality service.

Item 8

You must purchase a point-of-sale system (“POS System”) for your Outlet from an approved third- party supplier.

Item 11

You agree to grant us unrestricted access to all data and reports stored on or generated by your POS System.

Item 11

We may at our discretion charge you an additional training fee of up to $200 per day for ANDA BOBA TEA training courses, seminars, conferences or other programs that we require you or your representatives to attend (section 6.1(c) of the Franchise Agreement).

Item 11

Attendance of at least one Principal Equity Owner at these meetings will be mandatory (and is highly recommended for your other Principal Equity Owners).