ITEM 10 FINANCING
Wc arc not obligated to offer
directly or indirectly any arrangements for financing of your initial
investment, your equipment or the continuing operation of your franchise. We do
not guarantee your note, lease or any other obligation. We have arranged for
equipment leasing through Brother International Corporation, 100 Somerset Corporate Boulevard, Bridgcwater, NJ 08807. If you choose to tease through this
company you will pay approximately $2,955 monthly (Payment factors and terms
are subject to change without notice.), plus any applicable sales and use lax.
There is a "buyout" or residual in the amount of 10% of the original
financed amount due at the end of the payment term. The leasing company will
require you to place a down payment equivalent to two monthly payments as first
payment and a last payment security deposit.� It will also require you and your
spouse to personally guarantee your lease. Copies of
the equipment lease for this company is included with
tiiisJDisclosuredocument as Exhibit R ,. - - { Deleted: Offering circular
Your lease may be prepaid at
any time.� However, you will still be responsible to pay the full
amount of lease payments and,
therefore, may not realize a savings by prepaying. Brother
International Corporation will
compensate EME for certain services provided by EME to Brother
International Corporation in
connection with the equipment leasing process.��� EME does not
receive any fees from Brother
International Corporation for referring a franchisee to it for
financing.
