On what page of the Carbones Pizzeria Franchise Agreement is the section pertaining to termination located?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
15. Termination.
Franchisor may terminate this Agreement on the happening of any one of the following events:
- a. Franchisee voluntary abandons the Franchise relationship, the Restaurant or its business;
- b. Conviction of Franchisee (or of a principal officer, director, principal shareholder, or partner of Franchisee) or entry by any of the same of a plea of guilty or of no contest in a court of competent jurisdiction, of an offense;
- c. Any action of Franchisee which substantially impairs the good will associated with Franchisor's Names and Marks if Franchisee has not terminated such action within twenty-four (24) hours after receipt of written notice demanding that Franchisee terminate such action and cure the default caused thereby;
- d. Bankruptcy or insolvency of Franchisee or an assignment for the benefit of Franchisee's creditors;
- e. Material breach of the terms and conditions of this Agreement other than a failure to make payments; or
- f. Failure of Franchisee to make payment to Franchisor of any Royalty, Advertising Fees or other amounts (including interest) due to Franchisor pursuant to the terms of this Agreement.
Termination for the events described in items (a) through (d) shall occur immediately upon receipt of written notice. Termination for the events described in item I shall occur if Franchisee fails to correct the breach within thirty (30) days after notice from Franchisor. Termination for the events described in item (f) shall occur if Franchisee fails to cure such payment default within ten (10) days of notice from Franchisor.
16. Procedures Upon Termination.
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the section discussing termination begins on page 48. Specifically, section 15 outlines the conditions under which Carbones Pizzeria may terminate the franchise agreement.
These conditions include instances such as the franchisee voluntarily abandoning the franchise, being convicted of an offense, or engaging in actions that significantly harm the goodwill associated with Carbones Pizzeria's brand. Termination can also occur if the franchisee becomes bankrupt or insolvent, breaches the agreement, or fails to make required payments like royalties or advertising fees.
The FDD details that termination for abandonment, conviction, bankruptcy, or insolvency is effective immediately upon written notice. For other breaches, Carbones Pizzeria will provide a 30-day notice to correct the issue. Failure to make payments results in termination if the default is not cured within 10 days of notice. Section 16, which discusses procedures upon termination, is also located on page 48.