MINNESOTA COMMERCE - Unhappy Franchisee

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Acknowledgment of Independent Auditors We agree to the inclusion in the Franchise Disclosure Document issued by NMTC, Inc. ("Franchisor") of our report dated March 5, 2012, with respect to the consolidated financial statements of Franchisor as of December 31,2011 and 2010 and for the three years in the period ended December 31, 2011. Baltimore, Maryland March 5,2012
FR.\NCHISE DISCLOSURE DOCUMENT NMTC, INC. m/a MATCO TOOLS 1103 Allen Road Stow, OH 1122'1 (330) 929 ^1919 d4evetop(^).mateotO0ls;
Page 1 and 2: MINNESOTA DEPARTMENT OF COMMERCE 85
Page 3 and 4: UNIFORM FRANCHISE REGISTRATIOK-^gpD
Page 5 and 6: MAR - 8 2012 Mr. Daniel E. Sexton P
Page 7 and 8: UNIFORM FRANCHISE CONSENT TO SERVIC
Page 9: NMTC, INC. d/b/a MATCO TOOLS FRANCH
Page 13 and 14: STATE COVER PAGE Your state may hav
Page 15 and 16: Mateo® Tools FRANCHISE DISCLOSURE
Page 17 and 18: Document. Mateo's affiliates have n
Page 19 and 20: The informadon in this Disclosure D
Page 21 and 22: Communicadons, District Business Ma
Page 23 and 24: damages in the amount of $500,000 a
Page 25 and 26: Time Payment Reserve You must, at t
Page 27 and 28: was established by the Internationa
Page 29 and 30: manufacturer, model, configuration
Page 31 and 32: Mateo will finance up to $72,000 (w
Page 33 and 34: include items such as work uniforms
Page 35 and 36: charge fees to suppliers seeking to
Page 37 and 38: Obligation (x) Dispute resolution S
Page 39 and 40: you a late fee of 5% per week for e
Page 41 and 42: who may be potentiol-eustemers for
Page 43 and 44: egional trainers employed by Mateo.
Page 45 and 46: (B) (C) (D) (E) (F) Mateo provides
Page 47 and 48: policy. Mateo will revise its tool
Page 49 and 50: (B) make personal sales calls on at
Page 51 and 52: your Distributorship business. conf
Page 53 and 54: Provision Section in Distributorshi
Page 55 and 56: Provision Noncompetition covenants
Page 57 and 58: Mateo's 1,006134 Distributors repor
Page 59 and 60: 40rExeep^-as----(:Uselosed~sbove;--
Page 61 and 62:
State (Note 2) Year Number of Trans
Page 63 and 64:
Table 3 Status of Franehised Outlet
Page 65 and 66:
State Year Outlets at Start of Year
Page 67 and 68:
state Year Outlets at Start of Year
Page 69 and 70:
Page 71 and 72:
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Attached as Appendix B is a list of
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MATCO TOOLS FRANCHISE DISCLOSURE DO
Page 77 and 78:
NMTC, Inc. and Subsidiaries Consoli
Page 79 and 80:
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NMTC, Inc. and Subsidiaries Notes t
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Ernst & Young LLP Assurance | Tax |
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PM01701 Run Date :12/30/ll State Di
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PM01701 Run Date :12/30/11 State Di
Page 109 and 110:
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M01701 Run Date :12/30/ll Jtate Dis
Page 117 and 118:
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PM01701 Run Date :12/30/11 State Di
Page 121 and 122:
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PM01701 Run Date ;12/30/ll State Di
Page 125 and 126:
PM01701 Run Date :12/;30/ll State D
Page 127 and 128:
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PM01701 Run Date :12/30/n State Dis
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MATCO TOOLS DISTRIBUTORSHIP AGREEME
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ARTICLE 5 5.1 5.2 5.3 5.4 5.5 ARTIC
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Exhibit A Exhibit B Exhibit C Exhib
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variety of reasons^ .which may incl
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the Distributor agrees to sign and
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in Section 4.1, before operating th
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invoice from Mateo, Distributor's O
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purchase said insurance on Distribu
Page 163 and 164:
ARTICLE 7 TRADEMARKS, TRADE NAMES A
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specifications, techniques, compute
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11.34 Notice; Cure Periods. Mateo w
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ARTICLE 12 DISPUTE RESOLUTION 12.1
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shareholders. Spouse, and person a
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(A) "Abandon" will mean the conduct
Page 175 and 176:
MATCO TOOLS LIST OF CALLS AND POTEN
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Z^.M1Z Tools INSTALLMENT PROMISSORY
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SECURITY AGREEMENT APPENDIX D EXHIB
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16. MISCELLANEOUS. This Security Ag
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(b) All credit documents presented
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10. This Agreement shall be binding
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(b) Distributor guarantees that Ass
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BUYER ACKNOWLEDGES RECEIPT OF THE G
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Terms and conditions of Sale/Securi
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MATCO TOOLS DISTRIBUTOR'S PURCHASE-
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(c) Distributor shall not, without
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Appendix D Exhibit K-1 Mateo Tools
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Appendix D Exhibit K-2 Mateo Tools
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MATCO TOOLS DISTRIBUTOR LEASE AGREE
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MATCO TOOLS NMTC, Inc. d/b/a MATCO
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¥^5£i NMTC, Inc, d/b/a/ MATCO TOO
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MATCO TOOLS MATCO DISTRIBUTOR BUSIN
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The Distributor is fiirther respons
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11. ENTIRE AGREEMENT. This Agreemen
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APPENDIX D EXHIBIT P GUARANTEE. IND
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APPENDIX D EXHIBIT Q MATCO WEB PAGE
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4.3 Matco shall own all rights in a
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9. Entire Agreement This Agreement,
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conceming advertising, marketing, m
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STATE AGENCY EXHIBIT APPENDIX F TO
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AGENTS FOR SERVICE OF PROCESS APPEN
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STATE-SPECIFIC DISCLOSURES AND STAT
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Hawaii Distributorship Agreement Am
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Illinois Distributorship Agreement
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Maine Disclosure Addendum THE INFOR
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Maryland Disclosure Addendum Item 1
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IN WITNESS WHEREOF, each of the und
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(F) (G) A PROVISION REQUIRING THAT
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Minnesota Disclosure Addendum Item
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North Carolina Distributorship Agre
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North Dakota Disclosure Addendum In
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Rhode Island Distributorship Agreem
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Washington Distributorship Agreemen
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MATCO DISTRIBUTOR CONSENT TO ALCOHO
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MUTUAL RELEASE AGREEMENT APPENDIX J
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demands, liabilities, and causes of
Page 263 and 264:
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Matco Tools Ride-Along Acknowledgem
Page 267 and 268:
RECEIPT ^To Be ReHirned «o Matcn T
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MINNESOTA COMMERCE - Unhappy Franchisee

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