What constitutes 'good cause' for Care Plus Medical Ucc to terminate a franchise agreement?

According to Care Plus Medical Ucc's 2024 Franchise Disclosure Document, 'good cause' for unilateral termination of the franchise agreement includes any material violation of the franchise agreement. This means that if a franchisee significantly breaches the terms and conditions outlined in the agreement, Care Plus Medical Ucc has grounds to terminate the franchise.

Item 14.2 details specific instances that could lead to termination. For example, Care Plus Medical Ucc may terminate the agreement if the franchisee fails to make payments when due and does not cure the non-payment within 10 days of notice. Additionally, if a franchisee breaches the agreement in a way not covered by the non-payment clause, Care Plus Medical Ucc can terminate if the franchisee fails to resolve the breach within 30 days of receiving notice.

Furthermore, there are circumstances under which Care Plus Medical Ucc can terminate the agreement without offering an opportunity to cure the breach. These include instances where the franchisee misrepresented or omitted material facts during the application process, knowingly submits false reports, fails to address a dangerous situation within 48 hours, receives multiple default notices, or is involved in activities that could negatively impact the Care Plus Medical brand. These stipulations highlight the importance of adhering to the franchise agreement and maintaining ethical business practices to avoid potential termination.