VI. Franchisor visits to proposed Franchisee Location

• Key personnel from Chicking HQ will visit the proposed Franchisee's location
• Key considerations during this visit will be marketed environment, staffing solutions, raw material sourcing and proposed outlet specifications.
• The Franchisee is required to submit the selected location, lease agreement and the floor plan within 14 days to proceed with the MOU

Note: Franchisor Travel Cost, Visa Cost (if any) and Flight Tickets, Hotel Stay shall be borne by prospective Franchisee.

VIII. MOU & Disclosure Document

The Memorandum of Understanding / Disclosure Agreement shall be signed by both Franchisor and Franchisee as a first step towards the signing of the Franchisee Agreement. The main activities include:

• MOU 30 days prior to the signing of the Franchise Agreement.
• 10% payment of the non-refundable Franchise Fee to be paid upon signing of the MOU.
• The franchisor shall furnish the prospective Franchisee with:
• List and cost of equipment and machinery required for the Franchisee outlet.
• Draft Franchise Agreement.