table_specific

What is the reference to the All States M.E.D. Franchise Agreement in the table?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

[Item 17: RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION]

i. Franchisee's Obligations on Termination/Non Renewal FA: Section 17.1 If the Franchise Agreement is terminated or not renewed, you must: stop operating the Franchised Business; stop using any trade secrets, confidential information, the System and the Marks; cancel or assign to us any assumed names; pay all sums owed to us including damages and costs incurred in enforcing the Franchise Agreement; return the Operations Manual, trade secrets and all other confidential information; assign your telephone and facsimile numbers to us; comply with the covenants not to compete and any other surviving provisions of the Franchise Agreement.
j. FA: Section 18.1 There are no restrictions on our
Assignment of Contract right to assign our interest in the
by Franchisor Franchise Agreement.
k. "Transfer" by Franchisee – Definition FA: Section 18.2 "Transfer" includes transfer of an interest in the franchise, the Franchise Agreement or the Franchised Business' assets.
l. Franchisor's Approval of Transfer by Franchisee FA: Section 18.2 You may not transfer your interest in any of the items listed in (k) above without our prior written consent. If Franchisee is in compliance with this Agreement, Franchisor's consent to such transfer shall be conditioned upon the satisfaction of the requirements in FA Section 18.2 (a)-(m).
m. Conditions for Franchisor Approval of Transfer FA: Section 18.2 We will consent to a transfer if: we have not exercised our right of first refusal; all obligations owed to us are paid; you and the transferee have signed a general release (subject to applicable state law) in a form we proscribe;
q. Non-Competition Covenants During the Term of the Franchise FA: Section 7.3 You, your owners, and your officers, directors, executives, managers, professional staff, and employees are prohibited from: attempting to divert any business or customer of the Franchised Business to a competitive business or causing injury or prejudice to the Marks or the System; owning or working for a competitive business.
--------------------------------------------------------------------------------------- ---------------------------------- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
r. Non-Competition Covenants After the Franchise is Terminated or Expires FA: Section 17.2 For 2 years after the termination or expiration of the Franchise Agreement, you may not offer competitive business services within 90 miles of any other franchised outlet, or of any other Franchisor owned business; or solicit or influence any of our customers or business associates to compete with us or terminate their relationship with us. Subject to applicable state law.
s. Modification of the Agreement FA: Sections 9.2, 22.7, and 22.8 The Franchise Agreement can be modified only by written agreement between you and us. We may modify the Operations Manual without your consent if the modification does not materially alter your fundamental rights.
t. Integration/Merger Clause FA: Section 22.7 Only the terms of the Franchise Agreement and other related written agreements are binding (subject to state law). No other representations or promises will be binding. Nothing in the Franchise Agreement, or in any other related written agreement is intended to disclaim representations made in the franchise disclosure document.
n. Franchisor's Right of First Refusal to Acquire Franchisee's Franchised Business FA: Section 19 We may match an offer for your Franchised Business or an ownership interest you propose to sell.
------------------------------------------------------------------------------------------------ ------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
o. Franchisor's Option to Purchase Franchisee's Franchised Business FA: Section 17.4 Except as described in (n) above, we do not have the right to purchase your franchised business; however, during the 30-day period after the termination or expiration of the Franchise Agreement, we have the right to purchase any assets of the franchised business for book value.
p. Death or disability of Franchisee FA: Section 18.6 After the death or incapacity of an owner of the franchise, his or her representative must transfer, subject to the terms of the Franchise Agreement, the
h. "Cause" Defined – Non Curable Defaults FA: Section 16.2.1 ADA: Section 4 We have the right to terminate the Franchise Agreement without giving you an opportunity to cure if you: fail to timely establish, equip and begin operations of the franchised business; fail to satisfactorily complete training; fail to maintain all required professional licenses, permits and certifications for more than 5 business days; made a material misrepresentation or omission in the application for the franchise; are convicted of or plead no contest to a felony or other crime or offense likely to affect the reputation of either party or the Franchised Business; after notice to cure, fail to refrain from activities, behavior or conduct likely to adversely affect either party or the Franchised Business; use the Operations Manual, trade secrets or other confidential information in an unauthorized manner; if required, fail to have your owners, officers, directors, managers, other executives, employees and professional staff, and other individuals
---------------------------------------------------- -------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
u. Dispute Resolution by Arbitration or Mediation FA: Section 23.9; Schedules 2 and 3 You must mediate and arbitrate claims against us (subject to applicabl

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 32–39)

What This Means (2024 FDD)

According to the 2024 All States M.E.D. Franchise Disclosure Document, Item 17 provides a table that summarizes important provisions of the franchise and related agreements. The table includes references to specific sections within the All States M.E.D. Franchise Agreement (FA) that pertain to various aspects of the franchise relationship, such as termination, renewal, transfer, and dispute resolution.

Specifically, the table's second column, labeled with 'FA', cites the relevant section of the Franchise Agreement for each listed provision. For instance, the franchisee's obligations upon termination or non-renewal are detailed in 'FA: Section 17.1'. Similarly, restrictions on the franchisor's right to assign the contract are found in 'FA: Section 18.1'. The definition of 'Transfer' by the franchisee is referenced in 'FA: Section 18.2'.

These references are intended to help franchisees quickly locate and understand the specific contractual terms governing their rights and responsibilities. It is important for prospective franchisees to carefully review these sections within the Franchise Agreement to fully understand their obligations and the franchisor's rights.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
All All_States_M_E_D 2024 FAQs Ask FDD Ninja