Which section of the Burros Fries Franchise Agreement details the franchisee's obligations after termination of the agreement?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
| (s) Inspections/audits | Sections 12.Q and 14.B. of Franchise Agreement | Items 6 and 11 |
|---|---|---|
| (t) Transfer | Section 22 of Franchise Agreement | Items 6 and 17 |
| (u) Renewal | Section 7.B. of Franchise Agreement | Items 6 and 17 |
| (v) Post-termination Obligations | Section 24 of Franchise Agreement | Item 17 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 25–27)
What This Means (2024 FDD)
According to Burros Fries's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations under the franchise and other agreements. This item references other sections of the agreement and disclosure document for more detailed information.
Specifically, Section 24 of the Franchise Agreement details the franchisee's post-termination obligations. Item 17 of the FDD also contains information regarding post-termination obligations.
Prospective Burros Fries franchisees should carefully review Section 24 of the Franchise Agreement and Item 17 of the FDD to understand their responsibilities after the franchise agreement ends, whether through termination or non-renewal. These obligations can include things like non-compete clauses, returning confidential information, and ceasing use of Burros Fries's trademarks.