What documents can a former Card My Yard franchisee retain after termination?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
- (6) Promptly deliver to us all Manuals, Software Programs, Confidential Information, and other materials related to the operation of the Card My Yard business in your possession or control, and all copies thereof, all of which are acknowledged to be our property, and retain no copy or record of any of the foregoing, except your copy of this Agreement and of any correspondence between you and us and any other documents which you reasonably need for compliance with any provision of law.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, upon termination of the Franchise Agreement, a franchisee must promptly deliver to Card My Yard all Manuals, Software Programs, Confidential Information, and other materials related to the operation of the Card My Yard business that are in their possession or control, including all copies.
The franchisee is explicitly required to retain no copy or record of any of the aforementioned items. However, there are exceptions. A former Card My Yard franchisee is allowed to keep their copy of the Franchise Agreement, any correspondence between the franchisee and Card My Yard, and any other documents which the franchisee reasonably needs for compliance with any provision of law.
This stipulation ensures that while Card My Yard retains control over its proprietary information and operational materials, the franchisee maintains access to essential legal and contractual documentation for their records and to ensure legal compliance.