Musicologie

incurred, which to us upon your such expenses request for the will range assistance. The between $1,500 - travel expenses $2,500 will be invoiced and you must pay remaining balance within 30 days of receiving the invoice. Quickbooks $50 Monthly Payable to Quickbooks Online Online Ongoing and $500 per day, Invoiced by Not refundable. Remedial plus actual travel Musicologie, Training expenses of payment is drawn We have not charged this in trainer within ten (10) the past, but we reserve the days of the right to do so. invoice.

incurred, which to us upon your such expenses request for the will range assistance. The between $1,500 - travel expenses $2,500 will be invoiced and you must pay remaining balance within 30 days of receiving the invoice. Quickbooks $50 Monthly Payable to Quickbooks Online Online Ongoing and $500 per day, Invoiced by Not refundable. Remedial plus actual travel Musicologie, Training expenses of payment is drawn We have not charged this in trainer within ten (10) the past, but we reserve the days of the right to do so. invoice.

Other Expenses include any other expenditure that was necessary to operate the respective Studios, including but not limited to merchant processing fees, office & cleaning supplies, software fees, insurance premiums, legal and accounting professional fees, and payroll management expenses. Other Expenses do not include Teacher Costs, Occupancy Costs, Local Marketing or Imputed Royalties or Brand Fund Fees which are accounted for separately in this Table 4. Merchant Processing Fees is the amount paid to Stripe for credit card payment processing. Imputed royalties are seven percent (7%) of Gross Sales. While the Company-owned Musicologie 2026 FDD 47 Studios did not actually pay royalties during this period, you will have to pay the seven percent (7%) royalty for the duration of your Franchise Agreement. The Company-owned stores are operated by Musicologie and accordingly are not required to pay a royalty to Musicologie.