Rewarding Franchise Opportunities

I understand that the granting of a franchise is at the sole discretion of the Franchisor (Hua Cheng Excel Pte Ltd.). I understand that I must be a citizen or permanent resident of Singapore to purchase a franchise to be located in the respective country and that I must provide the requisite proof to the Franchisor prior to any franchise sale or transfer.

I understand that any information I receive from the Franchisor or from any employee, franchisee of the Franchisor or its affiliate is highly confidential ("Confidential Information"), has been developed with a great deal of effort and expense to the Franchisor, and is being made available to me solely because of this application. I agree that I shall treat and maintain all Confidential Information as confidential, and I shall not, at any time, without the express written consent of the Franchisor, disclose, publish, or divulge any Confidential Information to any person, firm, corporation or other entity, or use any Confidential Information, directly or indirectly, for my own benefit or the benefit of any person, firm, corporation or other entity, other than for the benefit of the Franchisor.

I authorize the Franchisor or its designee to procure consumer or credit report and a criminal and general background search (collectively referred to as “Screening”). I understand that these reports and searches may reveal information about my background, character, general reputation, mode of living, association with other individuals or entities, creditworthiness, litigation history and job performance (collectively referred to as “Screening Data”). I understand that, upon written request, within a reasonable period of time, I am entitled to additional information concerning the nature and scope of this Screening. I hereby release any representative of the Franchisor or its affiliate, a credit bureau or consumer reporting agency, security consultant or other investigative service provider selected by the Franchisor, its affiliates, officers, agents, employees, and/or servants (collectively referred to as the “Screener”) from any liability arising from the preparation of the Screening.

Everything that I have stated in this application is true and I understand that the information provided by me will be relied upon by the Franchisor. I understand that I will be required to provide the Franchisor with copies of my bank statements for the past three (3) months as verification of the liquid assets listed in the financial statement submitted to the Franchisor.