What must a Card My Yard franchisee promptly deliver to the franchisor upon termination?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
nforcement of any provisions of this Article XIX., which obligation shall give rise to and remain a lien in favor of us against any and all of your assets, until such obligations are paid in full.
- (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. Such shall expressly include all branded materials, signs purchased from us, and all other materials relating to or arising out of the operation of the Card My Yard business, which must be delivered within ten (10) business days to us, at our cost.
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, the franchisee is obligated to promptly deliver specific items to the franchisor. These include all Manuals, Software Programs, Confidential Information, and other materials related to the operation of the Card My Yard business that are in the franchisee's possession or control, along with all copies of these items. The franchisee must not retain any copies or records of these materials, except for their copy of the Franchise Agreement, any correspondence with the franchisor, and documents needed for legal compliance.
This obligation specifically includes all branded materials and signs purchased from Card My Yard, as well as any other materials related to or arising out of the operation of the Card My Yard business. These items must be delivered to the franchisor within ten business days, with the franchisor covering the delivery costs. Additionally, the franchisee must furnish an itemized list of all advertising and sales promotion materials bearing the Card My Yard Marks, regardless of their location, whether at the Card My Yard business or any other location under the franchisee's control.
These post-termination obligations are fairly standard in franchising. Franchisees are required to return proprietary materials to ensure brand consistency and prevent misuse of confidential information after the agreement ends. The detailed list of items to be returned helps to avoid ambiguity and potential disputes. The franchisee should ensure they understand these requirements fully to avoid any post-termination conflicts with Card My Yard.