During arbitration or litigation, what obligations must Better Blend and the franchisee perform?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
Upon termination or expiration of this Agreement, all obligations that by their terms or by reasonable implication survive termination, including those pertaining to non-competition (Section 13.2(b)), confidentiality (Section 13.1), indemnity (Article 16), and dispute resolution (Article 17), will remain in effect, and Franchisee must immediately:
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
Based on the 2024 Better Blend Franchise Disclosure Document, Article 17 outlines the dispute resolution process; however, the specific obligations of Better Blend and the franchisee during arbitration or litigation are not detailed in the provided excerpts.
While the document mentions that upon termination or expiration of the Franchise Agreement, obligations pertaining to dispute resolution (Article 17) will remain in effect, it does not specify the actions or responsibilities each party must undertake during such proceedings. The New York Rider to the Franchise Agreement states that the New York Franchise Law shall govern any claim arising under that law, but this does not detail the specific obligations during dispute resolution.
Prospective franchisees should inquire with Better Blend about the specific obligations and procedures required of both parties during arbitration or litigation. Understanding these obligations is crucial for preparing for potential legal disputes and ensuring compliance with the Franchise Agreement.