What must an All States M.E.D. franchisee return to the franchisor upon termination or expiration?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
- (f) immediately return to Franchisor the Operations Manual, Trade Secrets, and all other Confidential Information, including records, files, instructions, brochures, agreements, disclosure statements, and any and all other materials provided by Franchisor to Franchisee relating to the operation of the Franchised Business (all of which are acknowledged to be Franchisor's property);
Source: Item 23 — RECEIPTS (FDD pages 44–174)
What This Means (2024 FDD)
According to the 2024 All States M.E.D. Franchise Disclosure Document, upon termination or expiration of the franchise agreement, a franchisee must return specific items to All States M.E.D.
The franchisee is required to immediately return the Operations Manual, Trade Secrets, and all other Confidential Information. This includes records, files, instructions, brochures, agreements, disclosure statements, and any other materials provided by All States M.E.D. relating to the operation of the Franchised Business. All of these items are acknowledged to be the property of All States M.E.D.
This provision ensures that All States M.E.D. maintains control over its proprietary information and operational methods, preventing former franchisees from using this knowledge to compete against the brand or other franchisees. It is a standard practice in franchising to protect the franchisor's intellectual property and maintain consistency across the franchise system.