(5) days of receipt of same. Franchisee acknowledges and agrees that he is responsible for reviewing the terms of the agreement and making any necessary changes to the lease agreement. Franchisee shall not execute any lease agreement without the prior approval of Pretzel Time, which shall be conditioned upon inclusion of terms in the lease acceptable to Pretzel Time and at Pretzel Time's option shall contain such provisions, including, but not limited, to: (1). Notice to Pretzel Time of, and Pretzel Time's right to cure, Franchisee's default under the lease provided, however, that if Pretzel Time cures any such default, the total amount of all costs and payments incurred by Pretzel Time in effecting the cure shall be immediately due and owing to Pretzel Time by Franchisee; (2). Franchisee's right to assign his interest under the lease or sublease to Pretzel Time without the lessor's or sublessor's consent; (3). Allowing Franchisee to transfer the lease to Pretzel Time or another approved franchisee in the event that Franchisee sells his business (a copy of the form of the third party assignment agreement that Franchisee and the prospective purchaser would sign is attached hereto as Exhibit L); (4). Authorizing and requiring the Lessor or sublessor to disclose to Pretzel Time, upon its request, sales and other information that Franchisee furnishes to the lessor or sublessor; and (5). Providing that Pretzel Time (or one of its Affiliates or its Assignee) shall have the right (but not the obligation) to assume the lease or sublease: (i) Upon termination of this Agreement by Pretzel Time or upon expiration of this Agreement (unless a Successor Franchise is granted to Franchisee), or (ii) If Franchisee fails to exercise any options to renew or extend the lease or sublease or, (iii) If Franchisee commits a default that gives