system: You are a contract-analysis assistant performing a span-extraction task. You are given an excerpt from a commercial contract and the name of a clause type to locate within it.

Return the exact text of the requested clause, copied verbatim from the excerpt — identical wording and punctuation, with no paraphrasing, summarising, explanation, or added commentary.

The excerpt is one window of a much longer contract and often will not contain the requested clause. If the requested clause does not appear in this excerpt, respond with exactly: Not found.

Output only the extracted clause text, or the exact string `Not found.` — nothing else.

user: Contract excerpt:
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FRANCHISE AGREEMENT TABLE OF CONTENTS I. INTRODUCTION II. AGREEMENT 1. Definitions 2. Franchise Grant; Term 2.1 Grant 2.2 Term 2.3 No Renewal Right: No Exclusivity 2.4 Continuous Operation 2.5 Best Efforts 3. Consideration for Franchise Grant 4. Management, Control and Corporate Documents of Franchisee 4.1 Managing Director 4.2 Director of Operations 4.3 Substitute Director of Operations 4.4 Restaurant Manager 4.5 Corporate Documents 4.5.1 Single Purpose Entity 4.5 2 Managing Director's Authority 4.5.3 Issuance and Transfer of Shares 4.5.4 Amendments 5. Standards and Uniformity 5.1 Strict Compliance 5.2 The MOD Manual 5.3 Building and Premises 5.3.1 Initial Construction 5 3 2 Repair and Maintenance 5 3.3 Current Image 5.4 Signs 5.5 Equipment 5.6 Vending Machines, Etc. 5 7 Menu Service and Hygiene 5.8 Hours of Operations 5.9 Uniforms 5.10 Advertising and Promotion Materials 5.11 Interference with Employment Relations of Others 5.12 Improvements 5.13 Self-Audit 5.14 Health Problems 5.15 Right of Entry, Inspection and Closure 5.16 Sources of Supply 5.16.1 Authorized Suppliers 5.16.2 Self-Supply 5.16.3 Limit on BKC Responsibility 5. 16.4 Franchisee's Responsibilities 6. Services to Franchisee 6.1 Services Provided By BKC 6.2 Services Not Provided By BKC 6.3 Optional Services 7. Location 7.1 Exclusive Purpose 7.2 Damage to Franchised Restaurant 8. Training and Staffing 8.1 Pre-Opening Training 8.2 New Director of Operations 8.3 Training Program 9. Royalty and Advertising Contribution 9.1 Royalty 9.1.1 Payment of Royalty 9.1.2 Inability to Remit Royalty 9. 2. Advertising and Sales Promotion 9.2.1 Franchisee's Administration of Ad Fund 9.2.2 BKC's Right to Administer Funds 9.2.3 Administration 9.2.4 Compliance with Laws and Policies 9.3 Gross Sales 9.4 Interest and Attorney's Fees ii 10. Accounting Procedures; Right of Audit. 10.1 Accounting 10.2 Annual Financial Statements 10.3 Audits 10.4 Release of Financial Information 10.5 Polling 10.5.1 POS Systems 10.5.2 Authorized Polling 10.5.3 Other Information 11. Limitations of Franchise 11.1 Trademarks, Trade Names, Service Marks and Trade Secrets 11.1.1 Registration Assistance by Franchisee 11.1.2 Ownership 11 1.3 Confidentiality of trade Secrets 11.1 4 Registered User Agreements 11.1.5 No Impairment of Marks 11.1.6 Assignment of Righits in Marks 11.1.7 Infringement, Etc. 11.1.8 Registered Marks 11.1 9 Franchisee Name 11.1.10 Registration of Agreement 11.2 Independent Contractor 11.2.1 No Agency 11.2.2 Public Notice of Independence 12. Unfair Competition 13. Insurance; Indemnification 13.1 General Liability Insurance 13.2 Workers Compensation, Etc. 13.3 Indemnity 14. Taxes 14.1 Payment When Due 14.2 Withholding Taxes 14.3 Election 15. Disposal 15.1 Transfer of Interest by Franchisee 15.2 Transfer of Interest by Principals 15.3 Notice of Proposed Transfer 15.4 Right of First Refusal iii 15.4.1 Notice; Exercise of Option 15.4.2 No Waiver 15.4.3 Unauthorized Transfer Void 15.4.4 Sale; BKC Consent 15.5 BKC Consent to Transaction 15.5.1Transfer of Substantially All Assets or Transfer of Stock by Principal 15.5.2 Securities Offerings 15.5.2 1 Compliance with BKC Requirements 15.5.2.2 Submission to BKC 15.5.2.3 Registration Rights: Secondary Offerings 15.5.2.4 BKC ' Expenses 15.5.3 Certain Exceptions 15.6 No Waiver 15.7 Death or Mental Incapacity of Principal 15.8 Corporate Documents 15.9 Assignment by BKC 16. The Principals 16.1 Stock Ownership 16.2 Compliance by Principals 16.3 Guaranty 17. Defaults and Effects of Termination 17.1.1 Events of Default by Franchisee 17.1.2 Event of BKC De fault 1 7.2 Termination 17.3 Effect of Termination 17.4 Post-Termination Option 17.5 Post-Termination Obligations of Franchisee 17.5.1 Options to Purchase Location 17.5.2 Deidentification 17.5.3 BKC Lien 17.5.4 Acceleration of Payments 17.6 Dispute Resolution 18. Restrictive Covenant iv 19. Miscellaneous: General Conditions 19.1 Interpretation 19.2 Non-Waiver 19.3 Governing Law/Jurisdiction 19.4 Licenses, Permits. Etc. 19.5 Compliance with Laws 19.6 Remedies 19.7 Severability 19.8 Notices 19.8.1 Notice to BKC 19.8.2 Notice to Franchisee/Principals 19.8.3 Delivery 19.9 Language 19.10 Modification 19.11 Binding Effect 19.12 Currency 19.13 Survival 19.14 Agency 20. Entire Agreement 21. independent Advice III. SCHEDULE 1 IV. SCHEDULE 2 V. EXHIBIT A - Poland Trademarks v FRANCHISE AGREEMENT ------------------- Corporate --------- AGREEMENT dated 199 Between BURGER KING CORPORATION a company incorporated in Florida, United States of America with its principal office and place of business at 17777 Old Cutler Road, Miami, Florida, United States of America ("BKC") AND The party specified as the Franchisee on SCHEDULE 1 attached hereto (the "Franchisee") AND The party or parties specified as the Principals on SCHEDULE 1 attached hereto (collectively, the "Principals" and individually, a "Principal") INTRODUCTION A. BKC has developed a system (the "Burger King System") for the operation of quick service restaurants ( "Burger King Restaurants"). The Burger King System includes proprietary designs for restaurant buildings, equipment and decor, a proprietary service format, standardized product and quality specifications, and such trademarks, service marks and other marks as
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Extract the exact clause related to "Liquidated Damages" from the excerpt above.

assistant: Not found.