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FRANCHISE DISCLOSURE DOCUMENT HAMPTON INNS ...

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(1)<br />

Type of Expenditure<br />

(2)<br />

Amount<br />

(3)<br />

Method Of<br />

Payment<br />

(4)<br />

When Due<br />

(5)<br />

To Whom Payment<br />

is to be Made<br />

Additional Funds<br />

Note 20<br />

$200,000 to<br />

$600,000<br />

As Incurred As Incurred Employees, Suppliers,<br />

Utilities<br />

TOTAL $3,745,500 to $6,720,000<br />

THESE FIGURES DO NOT INCLUDE REAL ESTATE RELATED COSTS, ANY<br />

MARKET STUDIES, ANY CONSTRUCTION EXTENSION FEES, INSURANCE,<br />

INTEREST OR THE COST OF IMPROVEMENTS UNDER A CONVERSION, RE-<br />

LICENSING OR CHANGE OF OWNERSHIP LICENSE.<br />

80 ROOM <strong>HAMPTON</strong> INN<br />

TABLE 2<br />

(1)<br />

Type of Expenditure<br />

Development Services<br />

Fee<br />

(2)<br />

Amount<br />

$65,000<br />

Note 1<br />

(3)<br />

Method Of<br />

Payment<br />

(4)<br />

When Due<br />

(5)<br />

To Whom Payment<br />

is to be Made<br />

Lump Sum (Note 4) Us<br />

Product Improvement<br />

Plan<br />

$5,000 fee with<br />

Application for<br />

Change of<br />

Ownership, Relicensing<br />

or<br />

Conversion<br />

Note 2<br />

Lump Sum<br />

Before preparation of<br />

plan<br />

Market Study Note 3 As arranged As arranged Nationally recognized<br />

independent consulting firm<br />

Us<br />

Phase 1 Environmental<br />

Assessment<br />

$0-$10,000<br />

Note 4<br />

As Incurred As Incurred Employees, Suppliers,<br />

Utilities<br />

Real Property Note 5 As Incurred As Incurred Suppliers<br />

Construction/Leasehold<br />

Improvements<br />

New<br />

Development:<br />

$4,000,000 to<br />

$6,500,000<br />

Note 6<br />

Change of<br />

Ownership, Relicensing<br />

and<br />

Conversion:<br />

Note7<br />

As Incurred As Incurred Suppliers<br />

{000011-999987 00174938.DOC; 2}<br />

March 31, 2011 Hampton<br />

41

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