What happens to the provision of services under the Caption By Hyatt agreement upon termination?

According to Caption By Hyatt's 2025 Franchise Disclosure Document, upon termination or expiration of the agreement, Caption By Hyatt will cease providing services to the owner, and the owner must immediately stop using the services. The owner is obligated to pay all fees for services that were provided up to the date of termination or expiration. Certain sections of the agreement that, by their nature or to give effect to their meaning, are intended to survive termination or expiration will remain in effect.

This means that when the agreement ends, whether through termination or expiration, the flow of services from Caption By Hyatt to the franchisee stops. Simultaneously, the franchisee loses the right to utilize these services. However, the franchisee is still responsible for settling any outstanding payments for services rendered up to the termination date.

It is important for prospective Caption By Hyatt franchisees to understand which sections of the agreement survive termination, as these clauses could impose ongoing obligations or restrictions even after the business relationship has ended. Understanding these post-termination obligations is crucial for planning and financial forecasting.