The
fr
a
n
c
hi
sors should n
ot be r
e
quire
d to di
stribut
e
c
opies of
the
UF
OC t
o
a
tt
e
nde
e
s a
t t
he
sho
ws
unless a
re
pr
e
se
ntative o
f
that f
ra
nc
hisor
e
n
g
a
ge
s in a "
on
e
-
on
-
on
e
pe
rson
a
l m
e
e
ti
ng"
with a
show a
tt
e
nde
e
e
it
he
r a
t
a
mee
ti
ng
late
r in the
show
, or a
t a me
e
ti
n
g
durin
g
t
he
show a
w
a
y
fr
om
the booth pr
e
mi
se
s such
a
s a
mee
ti
n
g
room, r
e
sta
ura
nt or c
on
c
e
ssi
on table
a
re
a
, o
r a
on
e
-
on
-
on
e
mee
ti
ng
b
e
hind t
he
booth i
f a
rr
a
n
ge
ments ha
v
e
be
e
n made
fo
r this t
y
pe
o
f
more
invol
ve
d c
ontac
t.
Othe
r tha
n the c
i
rc
umst
a
nc
e
s a
bove
,
I
view
a
l
l ot
he
r c
onta
c
ts at the booth b
e
twe
e
n
re
pre
s
e
ntatives of
the
fr
a
nc
hisor a
nd show a
tt
e
nd
e
e
s a
s "
ini
ti
a
l c
a
sua
l enc
o
unter
s"
whi
c
h do not
a
nd shoul
d not be c
onsi
de
re
d a
s
"first pe
rsona
l m
e
e
ti
ng
s.
"
I
n that c
ont
e
x
t, t
he
fr
a
n
c
hisor shoul
d
be
re
quir
e
d to have
on
th
e
pre
mi
se
s a
c
op
y
of the
UF
OC, but
he
shoul
d c
o
nti
nue
to be e
x
e
mpt
fr
om di
stribut
ing
that do
c
ument unless it
is a "
bo
na
fide
fir
st pe
rsona
l m
e
e
t
ing
c
onta
c
t."
F
urthe
rmo
re
, thi
s pa
rtic
u
lar
re
quir
e
ment is
one
tha
t Tra
de
S
how Promot
e
rs
c
a
n e
nfo
rc
e
a
nd
shoul
d
be
he
ld re
sponsi
ble f
or e
n
for
c
in
g
on the
gr
ounds of the
ir shows.
B
e
y
ond thes
e
re
quir
e
men
ts,
I
do a
gre
e
d
that the Rul
e
shoul
d be
a
mende
d to
"
spe
c
ific
a
ll
y
e
x
e
mpt
"
Tr
a
de
S
how Pro
mot
e
rs f
rom inclusion i
n the de
finiti
on of
"F
ra
n
c
hi
se
B
rok
e
rs,
"
a
nd
fur
ther
mor
e
,
Tr
a
d
e
S
how
P
romoter
s shoul
d not be he
ld "
joi
ntl
y
a
nd se
ve
re
l
y
" l
iable
fo
r Rule
viol
a
ti
ons.
Que
sti
on/Topi
c
: Ea
rnin
gs di
sc
losure
.
C
omm
e
nt/
R
e
sponse: As state
d in t
he
re
view
o
f T
he
R
ule,
I
a
g
r
e
e
with t
he
proble
ms t
ha
t have
be
e
n e
x
pre
ssed r
e
g
a
rdin
g manda
tor
y
e
a
rnin
g
s c
lai
m di
sc
losure
.
I
n
a
ddit
ion, i
t i
s m
y
b
e
li
e
f tha
t no one ha
s menti
on
e
d or a
ddr
e
ssed a
d
e
qua
te
l
y
the pr
oblems f
a
c
e
d
b
y
"
ne
w,
e
mer
g
in
g
f
ra
n
c
hisors"
who a
re
just
c
om
menc
ing
th
e
ir f
r
a
nc
hisi
n
g
a
c
ti
vit
y
. C
lea
rl
y
, the
y
do not have
the tr
a
c
k re
c
ord o
r hist
oric
a
l ex
pe
rie
n
c
e
to su
pport a
n
y
e
a
rnin
gs c
laims
that would be
pre
se
nted to pr
osp
e
c
ti
ve
fr
a
nc
hise
e
s.
W
it
h re
g
a
rd to w
o
rding
t
o be
re
quir
e
d a
s include
d
tex
t i
n the C
irc
ular
s of c
ompanie
s that do not
disclose or
prov
ide e
a
rni
ng
s c
laims
,
I
a
g
re
e
with t
he
prop
ose
d wo
rding
a
s f
ound in P
a
ra
g
ra
ph 22
of Sec
ti
on E r
e
latin
g
to e
a
rning
s di
s
c
losure
s in t
he
re
view
of T
h
e
F
ra
n
c
hise
R
ule.
F
urthe
rmo
re
,
I
a
lso a
g
re
e
that it
is i
mporta
nt t
o c
orr
e
c
t t
he
mi
sre
p
re
se
ntatio
n that the F
TC R
ule
a
c
tuall
y
proh
ibi
ts t
he
disclosure
of
e
a
rnin
g
s c
laim
s, a
nd
I
a
g
r
e
e
that the
a
d
dit
ional lang
ua
ge
indi
c
a
ti
ng
that the
F
TC R
ule doe
s pe
rmit a f
ra
nc
hi
sor to pr
ovide disc
losure
infor
mation about
a
c
tual or
potential sa
les s
hould be r
e
quire
d,
a
nd
I
a
lso beli
e
ve
that the pr
op
ose
d langua
g
e
for
fr
a
nc
his
ors
who c
hoose
n
ot t
o disclose a
n
y
e
a
rnin
gs, c
laims
or inc
ome pote
nti
a
l shou
ld also be
include
d a
nd re
qui
re
d a
s
pa
rt of
the te
x
t of the
off
e
ring
c
irc
ul
a
r pr
e
se
nted t
o pro
spe
c
ti
ve
fr
a
nc
hise
e
s.
I
a
lso fe
e
l t
ha
t t
he
F
TC s
hould be c
o
g
niz
a
nt of the d
il
e
mm
a
that
man
y
f
ra
n
c
hisors a
re
pl
a
c
e
d in
whe
n the
y
e
le
c
t not
to provide
a
prospe
c
ti
ve
fr
a
nc
hisee
with an
y
e
a
rnin
g
s c
laims
or po
tential
e
a
rnin
g
s or inc
ome in
for
mation wha
tsoeve
r.
4
The
fr
a
n
c
hi
sors should n
ot be r
e
quire
d to di
stribut
e
c
opies of
the
UF
OC t
o
a
tt
e
nde
e
s a
t t
he
sho
ws
unless a
re
pr
e
se
ntative o
f
that f
ra
nc
hisor
e
n
g
a
ge
s in a "
on
e
-
on
on
e
pe
rson
a
l m
e
e
ti
ng"
with a
show a
tt
e
nde
e
e
it
he
r a
t
a
mee
ti
ng
late
r in the
show
, or a
t a me
e
ti
n
g
durin
g
t
he
show a
w
a
y
fr
om
the booth pr
e
mi
se
s such
a
s a
mee
ti
n
g
room, r
e
sta
ura
nt or c
on
c
e
ssi
on table
a
re
a
, o
r a
on
e
on
e
mee
ti
ng
b
e
hind t
he
booth i
f a
rr
a
n
ge
ments ha
v
e
be
e
n made
fo
r this t
y
pe
o
f
more
invol
ve
d c
ontac
t.
Othe
r tha
n the c
i
rc
umst
a
nc
e
s a
bove
,
I
view
a
l
l ot
he
r c
onta
c
ts at the booth b
e
twe
e
n
re
pre
s
e
ntatives of
the
fr
a
nc
hisor a
nd show a
tt
e
nd
e
e
s a
s "
ini
ti
a
l c
a
sua
l enc
o
unter
s"
whi
c
h do not
a
nd shoul
d not be c
onsi
de
re
d a
s
"first pe
rsona
l m
e
e
ti
ng
s.
"
I
n that c
ont
e
x
t, t
he
fr
a
n
c
hisor shoul
d
be
re
quir
e
d to have
on
th
e
pre
mi
se
s a
c
op
y
of the
UF
OC, but
he
shoul
d c
o
nti
nue
to be e
x
e
mpt
fr
om di
stribut
ing
that do
c
ument unless it
is a "
bo
na
fide
fir
st pe
rsona
l m
e
e
t
ing
c
onta
c
t."
F
urthe
rmo
re
, thi
s pa
rtic
u
lar
re
quir
e
ment is
one
tha
t Tra
de
S
how Promot
e
rs
c
a
n e
nfo
rc
e
a
nd
shoul
d
be
he
ld re
sponsi
ble f
or e
n
for
c
in
g
on the
gr
ounds of the
ir shows.
B
e
y
ond thes
e
re
quir
e
men
ts,
I
do a
gre
e
d
that the Rul
e
shoul
d be
a
mende
d to
"
spe
c
ific
a
ll
y
e
x
e
mpt
"
Tr
a
de
S
how Pro
mot
e
rs f
rom inclusion i
n the de
finiti
on of
"F
ra
n
c
hi
se
B
rok
e
rs,
"
a
nd
fur
ther
mor
e
,
Tr
a
d
e
S
how
P
romoter
s shoul
d not be he
ld "
joi
ntl
y
a
nd se
ve
re
l
y
" l
iable
fo
r Rule
viol
a
ti
ons.
Que
sti
on/Topi
c
: Ea
rnin
gs di
sc
losure
.
C
omm
e
nt/
R
e
sponse: As state
d in t
he
re
view
o
f T
he
R
ule,
I
a
g
r
e
e
with t
he
proble
ms t
ha
t have
be
e
n e
x
pre
ssed r
e
g
a
rdin
g manda
tor
y
e
a
rnin
g
s c
lai
m di
sc
losure
.
I
n
a
ddit
ion, i
t i
s m
y
b
e
li
e
f tha
t no one ha
s menti
on
e
d or a
ddr
e
ssed a
d
e
qua
te
l
y
the pr
oblems f
a
c
e
d
b
y
"
ne
w,
e
mer
g
in
g
f
ra
n
c
hisors"
who a
re
just
c
om
menc
ing
th
e
ir f
r
a
nc
hisi
n
g
a
c
ti
vit
y
. C
lea
rl
y
, the
y
do not have
the tr
a
c
k re
c
ord o
r hist
oric
a
l ex
pe
rie
n
c
e
to su
pport a
n
y
e
a
rnin
gs c
laims
that would be
pre
se
nted to pr
osp
e
c
ti
ve
fr
a
nc
hise
e
s.
W
it
h re
g
a
rd to w
o
rding
t
o be
re
quir
e
d a
s include
d
tex
t i
n the C
irc
ular
s of c
ompanie
s that do not
disclose or
prov
ide e
a
rni
ng
s c
laims
,
I
a
g
re
e
with t
he
prop
ose
d wo
rding
a
s f
ound in P
a
ra
g
ra
ph 22
of Sec
ti
on E r
e
latin
g
to e
a
rning
s di
s
c
losure
s in t
he
re
view
of T
h
e
F
ra
n
c
hise
R
ule.
F
urthe
rmo
re
,
I
a
lso a
g
re
e
that it
is i
mporta
nt t
o c
orr
e
c
t t
he
mi
sre
p
re
se
ntatio
n that the F
TC R
ule
a
c
tuall
y
proh
ibi
ts t
he
disclosure
of
e
a
rnin
g
s c
laim
s, a
nd
I
a
g
r
e
e
that the
a
d
dit
ional lang
ua
ge
indi
c
a
ti
ng
that the
F
TC R
ule doe
s pe
rmit a f
ra
nc
hi
sor to pr
ovide disc
losure
infor
mation about
a
c
tual or
potential sa
les s
hould be r
e
quire
d,
a
nd
I
a
lso beli
e
ve
that the pr
op
ose
d langua
g
e
for
fr
a
nc
his
ors
who c
hoose
n
ot t
o disclose a
n
y
e
a
rnin
gs, c
laims
or inc
ome pote
nti
a
l shou
ld also be
include
d a
nd re
qui
re
d a
s
pa
rt of
the te
x
t of the
off
e
ring
c
irc
ul
a
r pr
e
se
nted t
o pro
spe
c
ti
ve
fr
a
nc
hise
e
s.
I
a
lso fe
e
l t
ha
t t
he
F
TC s
hould be c
o
g
niz
a
nt of the d
il
e
mm
a
that
man
y
f
ra
n
c
hisors a
re
pl
a
c
e
d in
whe
n the
y
e
le
c
t not
to provide
a
prospe
c
ti
ve
fr
a
nc
hisee
with an
y
e
a
rnin
g
s c
laims
or po
tential
e
a
rnin
g
s or inc
ome in
for
mation wha
tsoeve
r.
4
