factual

What is the required action of All Team users upon termination of the processing agreement?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

Upon the termination or expiration of this Processing Agreement for any reason, ATFC will require USER to discontinue use of the Software on ATFC's servers.

USER shall keep at its offices, for a period of seven years after their creation, all payroll and personnel records for its temporary personnel employees and all other books of account and business records customary for the industry, which shall be available for inspection by ATFC and its representatives during normal business hours.

USER shall maintain such records as ATFC may reasonably request from time to time, on forms approved in writing by ATFC.

Source: Item 23 — RECEIPT (FDD pages 34–161)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, upon termination or expiration of the Processing Agreement, All Team will require the user to discontinue use of the software on All Team's servers. This obligation applies regardless of the reason for termination.

Additionally, the franchisee must keep at its offices, for a period of seven years after their creation, all payroll and personnel records for its temporary personnel employees and all other books of account and business records customary for the industry, which shall be available for inspection by ATFC and its representatives during normal business hours. The franchisee must also maintain such records as All Team may reasonably request from time to time, on forms approved in writing by All Team.

These post-termination obligations are typical in franchising to ensure a clean break and protect the franchisor's systems and data. Franchisees should be aware of these requirements and plan accordingly to avoid any disputes after the agreement ends. Maintaining accurate records and discontinuing software use are critical steps in this process.

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.