ADDENDUM TO THE FCC REFERRAL FRANCHISE AGREEMENT

This Addendum to The Franchise Consulting Company Franchise Referral Agreement (“Addendum”) is made and entered into effective

Date*

by and between The Franchise Consulting Company, Inc., (“FCC”), a Florida corporation and

Franchisor - name of your franchise system*

a - state you are incorporated in - corporation*

headquarted in - city, state*

RECITALS

WHEREAS, FCC & Franchisor have an Agreement for FCC to refer leads to Franchisor; and

WHEREAS, FCC has recently updated all their existing Agreements to a new Agreement (“New Agreement”) for the franchise brands they represent to discontinue the Fair Inventory Fee which stipulates a franchisor shall pay FCC an inventory fee equal to the highest inventory fee paid to any broker group and now has an inventory fee which allows the franchisor to choose the level of fee they wish to pay thereby saving the franchisor significant expense and

WHEREAS, Franchisor is desirous of continuing to work with FCC through inclusion in FCC inventory but wishes to modify their Agreement and discontinue paying the Fair Inventory Fee and chooses to pay the yearly fee based on the tier level (as described below).

NOW, THEREFORE, in consideration of the mutual promises and undertaking set forth herein, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties mutually agree to amend the Franchise Agreements:

The above preamble and recitals are true and correct and incorporated into this Addendum.

1. Tiered Fees. Franchisor has notified FCC that it no longer wishes to pay the Fair
Inventory Fee as described in the Franchise Agreement previously signed between the parties. Franchisor has decided to pay the tiered fees (as described in Schedule A– please choose a tier below).

Choose Your Tier*

Tier 1. Tier 1 shall be an annual fee of $18,000.00 payable monthly at $1500.00 and shall include the following services for that fee – see description in Schedule A:Tier 2. Tier 2 shall be an annual fee of $12,000.00 payable monthly at $1000.00 and shall include the following services for that fee – see description in Schedule A:Tier 3. Tier 3 shall be an annual fee of $7,000.00 payable in one installment of $7,000.00 on the anniversary date of signing this addendum and shall include the following services for that fee – see description in Schedule A:Tier 4. Tier 4 shall be an annual fee of $5,000.00 payable in one installment of $5,000.00 on the anniversary date of signing this addendum and shall include the following services for that fee – see description in Schedule A:Tier 5. Tier 5 shall be an annual fee of $3,000.00 payable in one installment of $3,000.00 on the anniversary date of signing this addendum and shall include the following services for that fee – see description in Schedule A.

2. Remaining Articles of Franchise Agreement. All of the terms and conditions of the existing Franchise Agreement shall remain in full force and effect, except as amended by this Addendum.

3. Entire Agreement. This Addendum and all other written agreements expressly referenced in this Addendum, represent the entire understanding and agreement between the parties on the subject matter of this Addendum and supersede all other negotiations, understandings and representations, if any, made between the parties. No representations, inducements, promises or agreements, oral or otherwise, if any, not embodied in this Addendum and all other written agreements concerning this Addendum and expressly referenced in this Addendum are of any effect.

IN WITNESS WHEREOF, Franchisor and Franchisee have executed this Addendum effective as of the date set forth in the preamble of this Addendum.

Nicholas Neonakis, CEO

The Franchise Consulting Company, Inc.

935 Bella Vista Ave

Miami, FL 33156

Nick@TheFranchiseConsultingCompany.com

800-321-6072

Signature

_______________________________________

I WARRANT THIS INFORMATION TO BE TRUE AND ACCURATE.

THE FRANCHISOR*

By:*

First NameLast Name

Title*

Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Email*

example@example.com

Phone Number*

Please enter a valid phone number.

Signature*

Date*

Date

SCHEDULE A