Broker-Dealer AgreementBroker-Dealer Agreement • February 1st, 2022 • TNT Franchise Fund Inc. • Investors, nec
This agreement (together with exhibits and schedules, the “Agreement”) is entered into by and between TNT Franchise Fund Inc. (“Client”), a Delaware Corporation, and Dalmore Group, LLC., a New York Limited Liability Company (“Dalmore”). Client and Dalmore agree to be bound by the terms of this Agreement, effective as of August 24, 2021 (the “Effective Date”):
Denver, CO 80246Letter of Intent • February 1st, 2022 • TNT Franchise Fund Inc. • Investors, nec • Colorado
This letter of intent (this “Letter of Intent”) sets forth the proposed terms upon which TNT Franchise Fund, Inc., a Delaware corporation (“TNT”), proposes to acquire from M.H. Franchise Company, Inc., a Colorado corporation (“Franchisor”), the right to develop and operate 25 Teriyaki Madness® restaurants (the “Restaurants”; such transaction, the “Transaction”). Except as expressly set forth herein, this Letter of Intent is not intended to create an express or implied obligation to negotiate or execute a binding contract or to complete a transaction, or to create any other legal binding or enforceable obligation, on any party referenced herein.
NON-BINDING LETTER OF INTENTNon-Binding Letter of Intent • February 1st, 2022 • TNT Franchise Fund Inc. • Investors, nec • Indiana
This Non-binding Letter of Intent (the “Letter of Intent”) is made between Smash Franchise Partners, LLC (“SFP”) and _TNT Franchise Fund, Inc.____ and/or its designee or assignee (“Prospective Franchisee”) (together, with SFP, each a “Party” and collectively the “Parties”) and sets forth the general terms and conditions of the Parties’ agreement for Prospective Franchisee to purchase one or more Smash My Trash franchises from SFP for operation in certain territories described below (the “Proposed Transaction”). This Letter of Intent contains the non-binding provisions of understanding between SFP and Prospective Franchisee. This Letter of Intent is not intended to, and does not, impose any legal obligations on either Party to proceed with the Proposed Transaction.
