§200.ILLUSTRATION C. Franchisee's Petition For Release of Escrowed Funds


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    IN THE MATTER OF:

    FRANCHISOR:

    FRANCHISEE:

     

    BEFORE THE ATTORNEY GENERAL OF ILLINOIS

    AS ADMINISTRATOR FOR THE FRANCHISE DISCLOSURE ACT

     

    The undersigned franchisee hereby requests the Administrator to authorize release from

    escrow the sum of $

     

    , plus accrued interest representing the franchise fee paid

    by me on the

     

    day of

     

    ,

     

    .

     

    The undersigned franchisee hereby represents that the franchisor has not fulfilled the initial obligations owed to me under the franchise and other agreements and that I have not commenced doing business.

     

     

     

    Franchisee Signature

    Printed Name of Franchisee

    Address of Franchisee

    Subscribed and sworn to before me this

     

     

     

    day of

     

    ,

     

     

    .

     

     

     

    Notary Public

     

    (Source:  Amended at 23 Ill. Reg. 11561, effective September 7, 1999)