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Article 24. ACKNOWLEDGMENT BY A PROSPECTIVE FRANCHISEE

 

24.1 Acknowledgment. You, by executing this Agreement, acknowledge receipt of our Uniform Franchise Offering Circular (UFOC) and Franchise Agreement including all exhibits required by various states, at least 10 business days before signing this agreement and that the agreement received, is substantially the form being executed this date, has been in your possession for at least 5 business days.

 

24.2 Further Acknowledgment. You further acknowledge that you have entered into this agreement in reliance upon the information set forth in this agreement and the Uniform Franchise Offering Circular and have relied on no promises, no representations, no statements or no undertakings made by us or our representatives or others which are in conflict

with any statements or representations made and not set forth in this agreement or in the uniform franchise offering circular.

 

24.3 Independent Counsel. You expressly acknowledge that you have conducted an independent investigation of the contemplated association with us and have been advised by

your independent counsel.

 

24.4 Business Risk. You expressly recognize that the contemplated association with you involves business risks making the success of the association largely dependent upon the business abilities of you and external economic forces. You acknowledge that neither we nor any other person can guarantee the success of your franchised business.

 

24.5 No Financial Projections or Representations. You expressly acknowledge that you have not received or relied upon any warranty or assurance, expressed or implied, as to the potential sales volume, profits or success of the association with our franchise system.