What must a Belocal franchisee do with all Confidential Information upon termination, expiration, or transfer of the Franchise Agreement?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
(5) Upon termination, expiration, or transfer of this Agreement, promptly return to Franchisor all Confidential Information and all copies thereof.
(2) Promptly discontinue all use of the Marks, Copyrighted Materials, and Confidential Information and take appropriate action to return to Franchisor, or deliver to the transferee if Franchisor so designates, all Copyrighted Materials and Confidential Information in Franchisee's possession or within its control;
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, upon termination, expiration, or transfer of the Franchise Agreement, the franchisee must promptly return to Belocal all Confidential Information and all copies of it.
Additionally, the franchisee must promptly discontinue all use of the Confidential Information. They must also take appropriate action to return to Belocal, or deliver to a transferee if Belocal designates, all Confidential Information in the franchisee's possession or within its control.
These requirements are typical in franchising to protect the franchisor's proprietary information and maintain a competitive advantage. Failure to comply with these obligations could result in legal action from Belocal.