Does paying the Termination Fee affect Budget's other rights or remedies against the licensee?

According to Budget's 2025 Franchise Disclosure Document, a licensee's obligation to pay the termination fee does not affect any other rights or remedies that Budget may have against the licensee, whether those rights arise from the franchise agreement or otherwise.

This means that even if a Budget franchisee pays the termination fee, Budget still retains the right to pursue any other legal or contractual remedies available to them. These remedies could include actions for breach of contract, indemnification, or any other legal claim that Budget might have against the franchisee. The termination fee covers the licensee's early exit from the agreement, but it does not serve as a release of liability for other potential violations or damages.

For a prospective Budget franchisee, this clause highlights the importance of understanding all obligations under the franchise agreement. Paying the termination fee allows a franchisee to end the agreement early, but it does not protect them from other potential claims Budget might have. Franchisees should seek legal counsel to fully understand their rights and obligations, especially concerning termination and potential liabilities.