Under what circumstances does the PostalMate Agreement with Annex Brands terminate?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
urity Device"). Master Licensee will have the right to prevent use of the Product with the Security Device if End User breaches its obligations under this Agreement or the franchise agreement, or if the Franchise or this Agreement expires or is terminated. Master Licensee will not be liable to End User for any damages, including but not limited to lost profits, lost savings or other incidental or consequential damages, arising from Master Licensee's use of the
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to the 2025 FDD, the PostalMate agreement can be terminated under specific circumstances. Annex Brands, as the Master Licensee, has the right to prevent the use of the PostalMate product if the franchisee breaches obligations under the franchise agreement or if the franchise agreement expires or is terminated. This is facilitated through a security device within the software that Annex Brands can disable.
Additionally, the agreement can be terminated if the franchisee fails to properly mark any copies or reproductions of the PostalMate product with the appropriate copyright and trademark notices. This failure constitutes a material default of the agreement and provides grounds for termination.
These termination conditions highlight the importance of adhering to the terms of both the franchise agreement and the PostalMate agreement. Franchisees must ensure they meet all obligations and properly manage the PostalMate software to avoid potential disruptions to their business operations.