How much written notice is required for either N2 or the franchisee to terminate the Belocal agreement for convenience?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
Additionally, N2 or Franchisee may terminate this Agreement for convenience at any time upon 30 days' written notice; provided that, any termination for convenience by Franchisee shall be subject to the then-current minimum service period(s) associated with the selected Services as set forth in the Service Guidelines.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, either N2 (The N2 Company) or the franchisee can terminate the N2 Franchisee Services Agreement for convenience by providing 30 days' written notice to the other party. However, if the franchisee is the one terminating the agreement for convenience, this is subject to any minimum service periods that are currently in effect for the services the franchisee has selected, as detailed in the Service Guidelines.
This means that a Belocal franchisee has the option to end the service agreement with N2 with a month's notice if they no longer find the services beneficial. However, the franchisee needs to be aware of any ongoing service period commitments that might affect their ability to terminate without penalty. N2 also has the same right to terminate the agreement with the franchisee, providing them with 30 days' notice.
It is important for a prospective Belocal franchisee to carefully review the Service Guidelines and understand the terms related to service periods before signing the N2 Franchisee Services Agreement. This will help avoid potential issues if they decide to terminate the agreement for convenience.