FLIPPING LMS

timely remodel the SHOP to the extent required by SHOPPE COMPANY under Section 5.2.5.2(g), or the RENEWAL AGREEMENT. (f) If required by SHOPPE COMPANY, then FRANCHISEE shall have, during the last year of the TERM, caused its DESIGNATED SHOP MANAGER to attend SHOPPE COMPANY'S training program, irrespective of any prior training and experience. (g) If required by SHOPPE COMPANY, then FRANCHISEE shall have, during the last year of the TERM, completely remodeled the SHOP in accordance with SHOPPE COMPANY'S procedures to bring the SHOP into conformity with SHOPPE COMPANY'S then current design and operational requirements. 5.2.5.3 RENEWAL AGREEMENT Execution . If SHOPPE COMPANY issues a RENEWAL AGREEMENT to FRANCHISEE, then FRANCHISEE must timely execute that RENEWAL AGREEMENT in accordance with SHOPPE COMPANY'S then current requirements. FRANCHISEE will not be required to pay an initial franchise fee to enter into the RENEWAL AGREEMENT. 5.3 SUCCESSIVE TERM FRANCHISE. Each of the provisions of this Section 5.3 applies if, and only if, this AGREEMENT is for a SUCCESSIVE TERM FRANCHISE. 5.3.1 COMMENCEMENT DATE. The COMMENCEMENT DATE is set forth on the EXHIBIT D. 5.3.2 EXPIRATION DATE. The EXPIRATION DATE is the day immediately before the tenth anniversary of the COMMENCEMENT DATE. 5.3.3 No Opportunity to Renew. FRANCHISEE acknowledges and agrees that this AGREEMENT confers no right to continuation, renewal, or a subsequent franchise agreement on or after the EXPIRATION DATE. 5.4 Limitation on Conditional Renewal Opportunity. FRANCHISEE understands and agrees that, except as set forth in Section 5.2.5, which Section applies solely in the case of a NEW HAAGEN-DAZS® SHOP, this AGREEMENT confers no right to continuation, renewal, or a subsequent franchise agreement on or after the EXPIRATION DATE, and SHOPPE COMPANY shall not have any obligation to continue its relationship with FRANCHISEE in connection with the SHOP after the EXPIRATION DATE. If FRANCHISEE enters the LEASE for a tenancy extending beyond the TERM, or enters into an extension of the LEASE, a new lease for

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