(4)__Be for a term not to exceed 3 years as long as a party to the agreement may terminate the agreement upon the anniversary of the agreement and with 30 days' prior written notice.__The agreement remains in effect for the term of the agreement regardless of the number of motor vehicle dealers of the same line make that may terminate the agreement.

B.__A franchisor that enters into an agreement with its franchisees pursuant to paragraph A may seek to recover its costs from only those franchisees that are receiving their retail rate customarily charged by those franchisees under subsection 1 subject to the following requirements:

(1)__The costs of the franchisor may be recovered only by increasing the invoice price on new vehicles received by those franchisees.__For purposes of this paragraph, "costs" means the difference between the uniform reimbursement rate set forth in an agreement entered into pursuant to paragraph A and the retail rate customarily charged by that franchisee received by those franchisees of the same line make; and

(2)__Invoice price increases imposed for the purpose of recovering costs may vary from time to time and from model to model but must apply uniformly to all franchisees of the same line make in the State that have requested reimbursement for warranty repairs at their retail rate customarily charged by that franchisee, except that a franchisor may make an exception for vehicles that are titled in the name of the consumer in another state.

C.__If a franchisor contracts with its state motor vehicle dealers pursuant to this subsection, the franchisor shall certify under oath to the Secretary of State that a majority of the franchisees of that line make did agree to such an agreement and file a sample copy of the agreement.__ On an annual basis, each franchisor shall certify under oath to the Secretary of State that the reimbursement costs it recovers under paragraph B do not exceed the amounts authorized by paragraph B.__The franchisor shall maintain for a period of 3 years a file that contains the information upon which its certification is based.