Exhibit B - Franchise agreement

This 87-page exhibit is labeled Exhibit B and contains the franchise agreement dated February 3, 2023. The agreement identifies Bricks & Minifigs Salem 1, LLC as franchisee.

Details

This is the contract document that the complaint and motion reference when discussing franchise rights, obligations, dispute resolution, mediation, and arbitration.

Open PDF Download PDF

Document typeExhibit B - Franchise agreement

DateFebruary 3, 2023

SourceUtah Business and Chancery Court exhibit

People / entitiesBricks & Minifigs Salem 1; Chrystal Law; Benjamin Gorman; Bricks & Minifigs

Pages87 pages

Original fileBricks-and-Minifigs-Case-260200029-Exhibit-B-Franchise-Agreement.pdf

Searchable text

Clean extracted text or OCR excerpt. Sensitive OCR fields are redacted or omitted.

EXHIBIT B Franchise Agreement Dated February 3, 2023 DocuSign Envelope ID: 6DEB225C-A6B6-433C-8406-4023B2E6A3CA Franchise Agreement Bricks & Minifigs, Inc. 225 West 520 North Orem, UT 84057 www.bricksandminifigs.com Bricks & Minifigs Franchise Agreement Bricks & Minifigs Salem 1, LLC an Oregon limited liability company (Franchisee) Bricks & Minifigs® 2022 Franchise Agreement 1806731.1 DocuSign Envelope ID: 6DEB225C-A6B6-433C-8406-4023B2E6A3CA 1. Introduction .................................................................................................................................................. 4 A. BRICKS & MINIFIGS ®. ............................................................................................................................ 4 B. Your Acknowledgements........................................................................................................................ 4 C. Your Representations. ............................................................................................................................. 4 2. Grant of Rights and territory. ..................................................................................................................... 5 A. Grant of Franchise. ................................................................................................................................. 5 B. Initial Term. ............................................................................................................................................ 7 C. Renewal. ................................................................................................................................................. 7 D. Our Reservation of Rights. ..................................................................................................................... 8 3. Franchise Fees............................................................................................................................................... 9 A. Initial Franchise Fee................................................................................................................................ 9 B. Royalty Fees. .......................................................................................................................................... 9 C. Product and Vendor Assessment Fee .................................................................................................... 10 D. Interest and Late Fees. .......................................................................................................................... 10 E. Application of Payments. ...................................................................................................................... 10 4. Development and Opening of the Store. ................................................................................................... 11 A. Site Selection. ....................................................................................................................................... 11 B. Acquisition or Lease of Accepted Location.......................................................................................... 12 C. Development of the Store. .................................................................................................................... 12 D. Furnishings, Fixtures, Equipment and Signs. ....................................................................................... 13 E. Store Opening. ...................................................................................................................................... 14 5. Training and Guidance. ............................................................................................................................. 15 A. Initial Training. ..................................................................................................................................... 15 B. Pre-opening training ............................................................................................................................. 15 C. Additional training, assistance, and conventions .................................................................................. 15 D. Hiring and Training of Employees by Franchisee. ............................................................................... 16 E. Operations Manual and pre-opening manual. ....................................................................................... 16 6. The Marks. .................................................................................................................................................. 16 A. Ownership and Goodwill of the Marks and Trade Secrets. .................................................................. 16 B. Limitations on Franchisee’s use of the Marks. ..................................................................................... 17 C. Notification of Infringement and Claims. ............................................................................................. 18 D. Indemnification of Franchisee. ............................................................................................................. 18 E. Discontinuance of use of the Marks...................................................................................................... 19 7. Your Organization and Management. ...................................................................................................... 19 A. Organizational Documents.................................................................................................................... 19 B. Disclosure of Ownership....................................................................................................................... 19 C. Operating Partner/Management of Business......................................................................................... 20 D. General Manager................................................................................................................................... 20 8. Bricks & Minifigs® Operating Standards. .............................................................................................. 20 A. Condition of your Store. ....................................................................................................................... 20 B. Uniform Image. ..................................................................................................................................... 21 C. Services, Products and Vendors. ........................................................................................................... 21 D. Specifications and Standards. ............................................................................................................... 23 E. Point of Sale and Proprietary Software ................................................................................................. 23 F. Compli

The complaint and police documents contain allegations and records, not final findings unless a court order says so. Read each source according to its own terms.