OLC Development

Item 11

Subject to the applicable Information Privacy Laws, we will have independent access to the information that will be generated and stored on your Computer System.

Franchise agreement

Franchisee shall submit to Franchisor within thirty (30) days after the close of each fiscal quarter, a quarterly profit and loss statement.

Item 8

The designated and approved suppliers may be us or an affiliate of ours.

Franchise agreement

Franchisee agrees that Franchisor shall have the right to establish, in writing, reasonable new standards for the implementation of technology in the System;

Item 8

In 2024, we did not receive any revenues from franchisee required purchases of products and services from us and/or required suppliers, but we may receive revenues from such purchases in the future.

Item 8

We may receive revenue or other consideration from any other suppliers for goods and services that we require or advise you to purchase.

Item 8

approximately 10-25% of your total purchases during the operation of your franchise.

Item 8

We may charge you a supplier evaluation fee (not to exceed the reasonable cost of the inspection and the actual cost of the test) to make the evaluation.

Item 8

If you would like to purchase any products or services from any unapproved supplier, then you must submit to us a written request for approval of the proposed supplier.

Franchise agreement

At Franchisor’s option, Franchisee shall assign to Franchisor all rights to such telephone numbers and directory and other business listings, and shall sign all forms and documents required by Franchisor and any telephone company to effect such transfer.

Item 11

As we deem advisable, conduct inspections and/or audits of your OrthoLazer Center, including evaluations of its training methods, techniques, and equipment; its staff; and the services rendered to its customers.

Franchise agreement

Franchisor may from time to time revise the contents of the Manual, and Franchisee expressly agrees to comply with each new or changed standard.

Item 12

Without our prior written approval you may not operate the Franchised Business out of any site other than the location we have approved as set forth in the Franchise Agreement.

Item 11

You may not establish your own website or use social media platforms without our prior written consent, which shall not be unreasonably withheld.

Item 11

During the Grand Opening Period (which consists of the 105-day period that begins 45 days prior to the opening of your Franchise and ends 60 days after the opening of your Franchise) you will be required to expend at least $10,000 in verifiable marketing costs to publicize the grand opening of your Franchise.

Item 11

You are required to contribute to the advertising of your Franchised Business in your local market area, in the minimum amount of $4,500 per quarter (“Minimum Local Advertising Requirement”) beginning your 1st full quarter of operations after you open your OrthoLazer Center for business.

Item 8

You must also participate in community service programs, product promotions, loyalty, gift card and other promotional programs, that we may reasonably determine are needed in your particular business.

Item 11

We may establish one or more advertising cooperatives (an “Advertising Co-op”) from time to time and you are required to join and participate in any Advertising Co-op we may establish covering your OrthoLazer Center.

Item 8

You must purchase such non-medical products, supplies, insurance, etc. required for the operation of your Franchised Business solely from suppliers (including distributors, manufacturers, and other sources) who have been designated or approved by us in writing.

Item 8

You must purchase from approved suppliers and use the point-of-sale system, computer hardware, computer software and the all-in-one printer/copier/scanner/fax machine.

Franchise agreement

Unless prohibited by Applicable Medical Practice Laws, Franchisee shall furnish to Franchisor, upon Franchisor’s request, such bank and account number, a voided check from such bank account, and written authorization for Franchisor to withdraw funds from such bank account via electronic funds transfer without further…

Item 8

You must also participate in community service programs, product promotions, loyalty, gift card and other promotional programs, that we may reasonably determine are needed in your particular business.

Item 15

ITEM 15 OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISED BUSINESS The Franchise Agreement requires that the Operating Owner and a Business Manager be directly involved in the day-to-day operations and utilize their best efforts to promote and enhance the performance of the Franchised Business.

Item 8

You must purchase from approved suppliers and use the point-of-sale system, computer hardware, computer software and the all-in-one printer/copier/scanner/fax machine.

Item 11

Subject to the applicable Information Privacy Laws, we will have independent access to the information that will be generated and stored on your Computer System.

Item 11

If your Business Owner or Center Director fails to successfully complete the initial training program, we may require them to attend additional or remedial training and pay our then-current fee for such training.