What happens to any accrued rights or liabilities of the Bevaris Alliance franchisee upon termination or expiration?

According to Bevaris Alliance's 2024 Franchise Disclosure Document, the termination or expiration of the franchise agreement does not impact any rights or liabilities that accrued before the termination. This means that any existing financial obligations, legal claims, or other responsibilities that either the franchisee or Bevaris Alliance had before the agreement ended remain in effect even after the termination or expiration date.

This provision protects both Bevaris Alliance and the franchisee. For example, if the franchisee owes Bevaris Alliance unpaid royalties or fees at the time of termination, the franchisee is still obligated to pay those amounts. Similarly, if Bevaris Alliance owes the franchisee money or is subject to a legal claim, the franchisee retains the right to pursue those claims even after the franchise agreement has ended.

This is a standard clause in franchise agreements, ensuring that neither party can avoid pre-existing obligations simply by terminating the agreement. Prospective franchisees should carefully review their agreements to understand what obligations might survive termination and seek legal counsel if they have any concerns.