Intelligent Office

4450 Arapahoe AvenueBoulder, Colorado 80303

[email protected]

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The Intelligent Office System, LLC is a Colorado limited liability company formed on March 22, 1999. Their principal business address is 2520 Northwinds Parkway, Suite 375, Alpharetta, Georgia 30009.

Under our Franchise Agreement (“Franchise Agreement”), we grant franchises to qualified parties to operate a Center under the service mark INTELLIGENT OFFICE® and other logos, trademarks, service marks and commercial symbols as we may develop (“Marks”). Centers operate under our distinctive business format, systems, methods, procedures, designs, layouts and specifications (the “System”) only from a location that we approve (“Franchised Location”). You will choose whether you want to operate a Main Center or a Connect Center. Each Main Center will typically consist of 3,500 to 6,000 square feet of leased office space, containing 9 to 15 offices for short term or long-term use, conference rooms, private mailboxes, and reception area. Each Connect Center will typically consist of 2,500 to 4,000 gross square feet of leased office space, containing 14 to 20 private offices, multiple variations of semi-private work spaces, 2 meeting rooms, a casual use space, and a reception desk. Each Main Center is staffed by a manager (“Coordinator”) and at least one receptionist (“Intelligent Assistant®”). Each Connect Center is staffed by one Intelligent Assistant® employee. Centers provide individuals and businesses with “follow-me” communications, office space and office support services. Centers offer a range of services, customized for each Client, to provide the Client with integrated, geographically non-specific telecommunications services and with reception and secretarial services, office technology, conference rooms and offices for both short term and long-term use, and other business support services. One of the distinguishing features of our System is that we authorize each Center to use our proprietary cloud-based integrated communications and Client management system. Our system relieves franchisees from traditionally-required capital investments in computer hardware and software, and further relieves them of needing expensive and ongoing maintenance, troubleshooting and updates to them. Unlike traditional “executive suites” or office sharing arrangements, INTELLIGENT OFFICE Centers offer a broader array of services to clients (“Clients”). These include both short term and long-term office space, and “virtual” offices. Centers offer a wide variety of advanced telecommunications and business address services, including live reception and staff assistance services that allow Clients to work from anywhere. When you offer virtual offices, you offer our proprietary Intelligent Assistant® and other telecommunications services that are not dependent on the Client's physical location. Your services can save office costs for your Clients, while at the same time retaining a live receptionist with “follow-me” communications abilities, a high standard of professionalism, and additional service and responsiveness for your Clients and their customers. Page 5 IOS-FDD-04302019 Clients become “members” of the INTELLIGENT OFFICE network of Centers by signing a membership agreement, allowing them to use all Centers in North America at reduced rates. Your Clients find the right fit with the Center, because they subscribe on an “a la carte” basis to the services they desire. Clients of the Centers use only what they need and pay for only what they use. The Center can serve as the Client's business address, telephone number, voice mail communications and a personal locked mailbox. Your Intelligent Assistant® employee can announce and transfer calls seamlessly to your Clients at any telephone number anywhere. Centers offer choices of executive suites, work spaces, professional offices and conference rooms that Clients may rent based on hourly, weekly or monthly rates. Finally, Centers offer secretarial services such as scheduling, new customer capture and other customer interactions by phone, internet or text, facsimile use, desktop publishing, copying, mailing lists and other office-related services that Clients may use on an “a la carte” basis. Clients include individuals, groups, and small and large companies desiring an alternative to the traditional office. Clients use Centers as primary, remote, regional or temporary offices. Centers typically attract Clients who want to work remotely and use a Center as a source for some or all of their office and staffing needs and for state-of-the-art communications capabilities with their customers, in lieu of maintaining and supporting a dedicated business office, staff and their own telecommunications equipment. Each Center has fully furnished offices and conference rooms available by the hour 24/7 to serve as professional meeting space as needed. A Connect Center relative to a Main Center is a more casual space, with a more limited range of services, focused on space usage revenue with onsite communications often limited to one staff person. At Main Centers, Clients may receive packages of services, some provided by local personnel. Clients also have access to both conventional phone lines and Wi-Fi for their communications. At Connect Centers, Clients generally choose services a la carte, most of which they receive by remote support using our proprietary technology. At Connect Centers, Clients rely exclusively on Wi-Fi rather than conventional phone lines. Further information is provided below on the distinctions between Main and Connect Centers. For example, see Item 6, footnote 5, to the table on Other Fees for a Main Center. A Connect Center is more adaptable to a variety of locations, including retail, strip malls, warehouses or office buildings from Class A to C.

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