Where can I find the complete provisions regarding renewal, termination, transfer, and dispute resolution for the Canine Dimensions franchise agreement?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 17 RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION
This table lists certain important provisions of the franchise and related agreements pertaining to renewal, termination, transfer and dispute resolution. You should read these provisions in the agreements attached to this disclosure document.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 28–30)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, Item 17 and the franchise agreement outline the provisions for renewal, termination, transfer, and dispute resolution. The FDD indicates that a table summarizes key aspects of these provisions, and it directs prospective franchisees to read the full agreements attached to the disclosure document for complete details.
Regarding renewal, the initial franchise term is 10 years, with an option to acquire a successor franchise for one additional 5-year term if certain requirements are met. These requirements include providing advance written notice, being in good standing, signing a new franchise agreement and release, paying a renewal fee, and meeting the then-current requirements for franchisees. The new franchise agreement may contain materially different terms, but the protected territory boundaries will remain the same, and renewal fees will not exceed those imposed on similarly situated renewing franchisees.
Termination can occur with or without cause. A franchisee may terminate the agreement if Canine Dimensions fails to perform material obligations, providing notice and a 90-day cure period. Canine Dimensions can terminate the agreement with notice if the franchisee breaches a material provision. There are also specific conditions related to defaults that can be cured within 30 days, such as failure to pay amounts due, submit financial information, or comply with advertising expenditure requirements. Non-curable defaults include abandoning the business, a felony conviction, unapproved transfer, or repeated defaults.
Transfer of the franchise requires Canine Dimensions's approval, and the franchisor can transfer the agreement without the franchisee's consent. Conditions for approval include the franchisee being in full compliance with the agreement, Canine Dimensions declining their right of first refusal, the transferee executing the current franchise agreement and completing the initial training program, payment of a transfer fee of $10,000 for each protected territory, and the franchisee executing a general release of claims. Dispute resolution involves non-binding mediation, and if unsuccessful, arbitration within five miles of Canine Dimensions's headquarters in Florida, subject to federal and state law. Florida law governs the agreement, subject to applicable state law.