NORY FRANCHISING

Item 11

We will have direct independent access to your Computer System.

Franchise agreement

You shall, at your expense, provide to us a complete annual financial statement (which shall be reviewed) for you prepared by an independent certified public accountant, within ninety (90) days after the end of each fiscal year during the term hereof, showing the results of operations of you during such fiscal year;

Item 8

Except with respect to the NORY Products disclosed below, as of the date of this Disclosure Document, neither we nor any of our affiliates is an Approved Supplier or the only Approved Supplier, but we may be in the future in which case we will receive revenues from purchases.

Item 8

The type of, and/or designated supplier for, such software may change from time-to- time.

Item 8

In the fiscal year ending December 31, 2025, we had no revenues from required franchisee purchases.

Item 8

We may receive payments, rebates, or other compensation, from suppliers on account of the suppliers’ dealings with us, you, or other NORY Businesses in the System, which may be paid directly to us as revenue.

Item 8

We estimate that your purchases from us or approved suppliers, or that must conform to our specifications, will represent approximately 20% to 60% of your total purchases in establishing the Franchised Business and 10% to 50% of your total purchases in operating the Franchised Business.

Franchise agreement

if you propose to use in the operation of your Franchised Business any product, supply, material, furnishing or equipment which has not yet been approved by us as conforming to our specifications and quality standards and/or from a supplier not yet approved in writing by us as a supplier to our franchisees, you must…

Franchise agreement

On Termination of the Franchise Agreement, if Franchisor directs Franchisee to do so, Franchisee will immediately direct all telephone companies, telephone directory publishers, and telephone directory listing agencies (collectively, the “Telephone Companies”) with which Franchisee has Telephone Numbers and Listings…

Franchise agreement

You must also comply with payment card industry (“PCI”) standards, norms, requirements and protocols, including PCI Data Security Standards.

Franchise agreement

You shall participate, at your sole cost and expense, in all customer surveys and satisfaction audits, which may require that you provide discounted or complimentary products and/or participate in a mystery shopper program, provided that such discounted or complimentary sales shall not be included in the Gross…

Franchise agreement

We (and any of our authorized agents or representatives, including outside accountants, auditors and/or inspectors) may enter any premises where your Franchised Business is conducted, and/or visit any locations at which you have prepared or provided or are providing programs, products or services to customers or…

Franchise agreement

In our sole discretion, we may from time to time modify any components of the System and requirements applicable to you by means of Supplements to the Manual or otherwise, including, but not limited to, altering the programs, products, services, methods, standards, accounting and computer systems, forms, policies and…

Item 11

You may not maintain your own website; otherwise maintain a presence or advertise on the internet or any other mode of electronic commerce in connection with your Franchised Business; establish a link to any website we establish at or from any other website or page; or at any time establish any other website…

Franchise agreement

You agree to expend between at least $3,000 and $6,000 (as we determine) on a pre-launch and opening advertising campaign to promote the opening of your Franchised Business (“Pre-Launch and Opening Advertising Campaign”).

Item 11

Thereafter, you must spend at least 2% of your Gross Revenues each month on local advertising and promotion in your Territory.

Item 11

If an Advertising Cooperative has been established for a geographic area where your Franchised Business is located when the Franchise Agreement is signed, or if any Advertising Cooperative is established during the term of the Franchise Agreement, you must become a member of the Advertising Cooperative.

Item 8

You must purchase NORY Products only from us, our affiliates or the suppliers and distributors that we designate in our sole discretion, and you may not use or offer for sale any NORY Products that have not been purchased from us, our affiliates, or our designated supplier in or from the Franchised Business.

Item 6

Royalty Fees will be debited automatically from your bank account by ACH or other means designated by us.

Franchise agreement

Franchisee affirms, warrants and understands that it may staff its Franchised Business with as many employees as it desires at any time so long as Franchisor’s minimal staffing levels are achieved.

Franchise agreement

Before commencing the operation of your Franchised Business, you must purchase the required computer hardware, software, equipment, and internet connections and service, including without limitation our designated registration platform/CRM, point of sale and accounting software (collectively, the “Computer System”).

Item 11

We will have direct independent access to your Computer System.

Item 11

By way of example, but without limitation, we may change our designated registration platform/CRM vendor at any time and in our sole discretion, and if and when we do, you will be required (at your sole cost and expense) to utilize such new vendor.

Item 11

We reserve the right to charge our training fees for such programs equal to $500 per person per day for additional training and $750 per person for attendance at conferences.

Franchise agreement

We reserve the right to develop and conduct annual meetings, conferences, conventions which the personnel we designate must attend.