Pirtek

300 Gus Hipp Boulevard Rockledge, Florida 32955

[email protected]

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Pirtek USA LLC is a Delaware limited liability company formed in June 1997. Their principal business address is 300 Gus Hipp Boulevard, Rockledge, Florida 32955. They started granting PIRTEK hose service center franchises in June 1997.

The franchise granted to you is the right to own and operate a Pirtek Business according to the terms of the standard PiRTEK Franchise Agreement (the “Franchise Agreement”). A copy of the Franchise Agreement is included in this Disclosure; Document as Exhibit 2. During the operation of your Business, you will use our distinctive products euid services, standards and specifications, sales and business techniques and ilpage (the “System”), as well, as the, trademarks associated with the System (the “Marks”) as further described in Item 13,. Your Business will consist of the sale, custom assembly and installation of industrial and hydraulic hoses, fixed tube assemblies, fittings and related components and other distinctive products arid services. You Will operate your Business from a Service & Supply Center and mobile sales arid service units (“MSSU's”) (collectively referred to sometimes' As. the “Center”) within a particular geographic tentoria (the “Territory”). Most franchisees will develop their Business as a Tier-1 Business, which means that you will develop and operate your Service & Supply Center in the initial months Of the Business and continue to add MSSU's as your Business grows. In limited instances in less populated areas, we may authorize a. franchisee to operate a Tier 2 Business, Which means that you will initially operate two MSSUs, and Without a service & Supply Center, with the requirement that you add additional MSSUs arid open a Service & Supply Center within specified timeframes set forth in Appendix A to the- Franchise Agreement, The Franchise Agreement for a Tier 1 Business and a Tier 2 Business is the same, except as Set forth in Appendix A to the Franchise Agreement. The disclosures in this Disclosure Document apply to both a Tier 1 and Tier 2 Business, except where we include separate disclosure for each of the Tiers'. You will sell the PiRTEk products and services, from your Business to a vast array of mobile and stationary (fixed), plant and equipment users within the following markets, depending on the location of your Business: earthwork and constriction; industrial manufacturing; food production; materials handling; air;, sea arid land transport; agriculture; mineral exploration and mining; and government and utilities businesses and Others. You will compete with other businesses within the “bulk” or Original Equipment Manufacturing (“OEM”) hose and fitting market. This market is very competitive and includes national and international brand product, suppliers, like Aeroquip, Parker Haitian and Gates Rubber Co. Other competitors may be generally associated with rubber tire production and include Goodyear, Dunlop, Yokohama and Bridgestone. As of the. Date of this Disclosure Document predict what impact these significant economic conditions will have on businesses generally or the industrial and hydraulic hose industry. There may be additional unforeseen changes in the economy and the industry. There are no laws or regulations speech to the Operalioii of a business featuring the sale, assembly and installation of the Pirtek products, although there may be specific regulations applicable in some industries in which your customers operate. For example^ in the food industrial stainless steel piping must be used in food processing; In addition, your Business will be subject to federal state ;and local laws regarding the storage- use and disposal of hazardous materials'. There also will be other-local, state and federal laws applicable to your Business that apply to businesses generally, and we urge you to make further, inquiries, about, these laws. It is your sole responsibility to obtain and keep in force all necessary' licenses and permits required by public authorities: