What comes next for this: THE JOINT CORP. FRANCHISE AGREEMENT
 TABLE OF CONTENTS SECTION PAGE 1. INTRODUCTION 1 2. GRANT OF FRANCHISE 2 2.1 Term; Reference to Exhibit 1 2 2.2 Full Term Performance 3 2.3 Management Agreement with Professional Corporation - Non-Licensed Franchisees 3 2.4 Waiver of Management Agreement 4 2.5 Selection of Premises; No Protected Territory; Reservation of Rights 5 2.6 Renewal of Franchise 5 2.7 Personal Guaranty by Principal Owners; Reference to Exhibit 2 6 3. DEVELOPMENT AND OPENING OF THE FRANCHISE 6 3.1 Site Approval; Lease or Purchase of Premises; Opening Timeline; Reference to Exhibit 3 6 3.2 Prototype and Construction Plans and Specifications 7 3.3 Development of the Franchise 7 3.4 Computer System 8 3.5 Equipment, Furniture, Fixtures, Furnishings and Signs 9 3.6 Franchise Opening 9 4. TRAINING 9 4.1 General Manager 9 4.2 Training 10 5. GUIDANCE; OPERATIONS MANUAL 11 5.1 Guidance and Assistance 11 5.2 Operations Manual 12 5.3 Modifications to System 12 5.4 Advisory Councils 12 6. FEES AND COSTS 13 6.1 Initial Franchise Fee 13 6.2 Royalty Fee 13 6.3 Regional and National Advertising Fee 14 6.4 Local Advertising 14 6.5 Grand Opening Costs 15 6.6 Software and Programming Fees 15 6.7 Relocation Fee 15 6.8 Late Payments 15 6.9 Electronic Funds Transfer 16 6.10 Application of Payments 16 6.11 Modification of Payments 17 6.12 Non-Compliance Charge 17 THE JOINT…THE CHIROPRACTIC PLACE™ FRANCHISE AGREEMENT
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 7. MARKS 17 7.1 Ownership and Goodwill of Marks 18 7.2 Limitations on Franchise Owner's Use of Marks 18 7.3 Notification of Infringements and Claims 18 7.4 Discontinuance of Use of Marks 18 7.5 Indemnification of Franchise Owner 18 8. RELATIONSHIP OF THE PARTIES; INDEMNIFICATION 19 8.1 Independent Contractor; No Fiduciary Relationship 19 8.2 No Liability, No Warranties 19 8.3 Indemnification 19 9. CONFIDENTIAL INFORMATION; NON-COMPETITION 20 9.1 Types of Confidential Information 20 9.2 Non-Disclosure Agreement 21 9.3 Non-Competition Agreement 21 10. THE JOINT CORP. FRANCHISE OPERATING STANDARDS 22 10.1 Condition and Appearance of the Franchise 22 10.2 Franchise Services and Products 23 10.3 Approved Products, Distributors and Suppliers 24 10.4 Hours of Operation 25 10.5 Specifications, Standards and Procedures 25 10.6 Compliance with Laws and Good Business Practices 25 10.7 Management and Personnel of the Franchise 26 10.8 Insurance 27 10.9 Credit Cards and Other Methods of Payment 28 10.10 Pricing 29 11. ADVERTISING 29 11.1 By Company 29 11.2 By Franchise Owner 31 11.3 Regional Advertising Cooperatives 31 11.4 Websites and Other Forms of Advertising Media 31 12. ACCOUNTING, REPORTS AND FINANCIAL STATEMENTS 32 13. INSPECTIONS AND AUDITS 33 13.1 Company's Right to Inspect the Franchise 33 13.2 Company's Right to Audit 33 14. TRANSFER REQUIREMENTS 34 14.1 Organization 34 14.2 Interests in Franchise Owner; Reference to Exhibit 4 34 14.3 Transfer by Company 35 14.4 No Transfer Without Approval 35 14.5 Conditions for Approval of Transfer 36 14.6 Right of First Refusal 38 14.7 Death and Disability 39 14.8 Effect of Consent to Transfer 39 14.9 Consent Not Unreasonably Delayed 39 THE JOINT…THE CHIROPRACTIC PLACE™ FRANCHISE AGREEMENT