factual

When does the All Team agreement terminate?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

rected within thirty (30) days after such notice, or if such default is incapable of being cured within thirty (30) days, such longer period of time as is necessary to cure such default, provided that ATFC has commenced curing such default within said thirty (30) day period and diligently pursues a cure.

  • C. Consequences of Termination. Upon termination or expiration of this Agreement, for any reason whatsoever, all of FRANCHISEE's rights hereunder shall terminate. FRANCHISEE shall immediately thereafter discontinue use of all Marks, signs, colors, structures, printed goods and forms of advertising indicative of ATFC's business and return any copyrighted materials which have been provided to FRANCHISEE by ATFC, and if ATFC requests, shall assign its telephone numbers to ATFC, clients, candidates, customers and the employee roster and execute any and all documents necessary to do so. FRANCHISEE will immediately cease providing services to all customers and candidates and forfeit any rights it may have to the customers, candidates and any customer accounts. Upon request of ATFC, FRANCHISEE will assign to ATFC any or all of FRANCHISEE'S customer contracts and candidates and ATFC will have the right to either service the accounts or assign the servicing of the accounts to others. Further, FRANCHISEE shall pay all amounts due to ATFC, ATFC's affiliates, and suppliers. Further, FRANCHISEE agrees to return any and all materials which contain Confidential Information in whatever form, including but not limited to the Confidential Operating Manual, to ATFC immediately. FRANCHISEE shall cancel any assumed name registration or equivalent registration obtained by FRANCHISEE which contains the Marks and FRANCHISEE shall furnish ATFC with evidence satisfactory to ATFC of compliance with this obligation within 5 days of the termination, expiration or Transfer. ATFC reserves the right to conduct a post termination audit to confirm the accuracy of financial reporting, receivables, and compliance with client requirements. In addition, ATFC will withhold up to $10,000 in customer payments pending the result of the audit, or for up to 12 months after termination, as a reserve for unpaid receivables and customer chargebacks.

Upon ATFC's request, FRANCHISEE shall assign to ATFC any interest that FRANCHISEE may have in any lease or sublease for the Agency. ATFC may exercise the option at or within thirty (30) days after either termination or expiration of this Agreement or within thirty (30) days of notice by FRANCHISEE's landlord of its intent to terminate the lease or sublease. In such event ATFC, in its sole discretion, shall have the right and is hereby empowered to take possession of the premises demised by the lease or sublease, expel FRANCHISEE therefrom, and, in such event, FRANCHISEE shall have no further right, title or interest in the lease or sublease.

Source: Item 22 — CONTRACTS (FDD pages 33–34)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the franchise agreement can terminate under several circumstances. The agreement ends when the franchisee's rights terminate, regardless of the reason for termination or expiration.

All Team can terminate the agreement for "good cause," which includes failure to comply with the agreement's terms or the Confidential Operations Manual. In some cases, All Team will provide the franchisee 30 days to correct the issue before terminating the agreement. However, All Team can terminate the agreement with only ten days' notice to remedy a default if the termination is based on specific reasons.

All Team can also terminate the agreement immediately and without notice under certain conditions, if state law permits. These conditions include a felony conviction, fraudulent activity, abandonment of the franchise, bankruptcy, termination of another agreement between the franchisee and All Team, repeated failure to comply with the agreement, or any other act that allows termination without notice under applicable state law. The franchisee can terminate the agreement if All Team materially defaults in its performance and fails to correct the default within 30 days of written notice.

Disclaimer: This information is extracted from the 2025 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.