How long does a Care Plus Medical Ucc franchisee have to cure non-compliance before a fee is charged?
Care_Plus_Medical_Ucc Franchise · 2024 FDDAnswer from 2024 FDD Document
are Plus Medical UCC may charge its thencurrent training fee. As of the date of this Agreement, the training fee is $450 per day.
- 4.5 Non-Compliance Fee. Care Plus Medical UCC may charge Franchisee $500 for any instance of non-compliance with the System Standards or this Agreement (other than Franchisee's non-payment of a fee owed to Care Plus Medical UCC) which Franchisee fails to cure after 30 days' notice. Thereafter, Care Plus Medical UCC may charge Franchisee $250 per week until Franchisee ceases such non-compliance. This fee is a reasonable estimate of Care Plus Medical UCC's internal cost of personnel time attributable to addressing the non-compliance, and it is not a penalty or estimate of all damages arising from Franchisee's breach. The non-compliance fe
Source: Item 22 — CONTRACTS (FDD page 41)
What This Means (2024 FDD)
According to the 2024 Care Plus Medical Ucc Franchise Disclosure Document, a franchisee has 30 days to cure non-compliance with the System Standards or the Franchise Agreement before a non-compliance fee is charged. After this 30-day period, Care Plus Medical Ucc may charge the franchisee $500 for the non-compliance.
If the non-compliance continues beyond the initial 30 days, Care Plus Medical Ucc may then charge the franchisee $250 per week until the non-compliance is resolved. This fee is designed to cover Care Plus Medical Ucc's internal costs related to addressing the franchisee's non-compliance and is not considered a penalty or a comprehensive estimate of all damages resulting from the breach.
It is important to note that this non-compliance fee is in addition to any other rights and remedies that Care Plus Medical Ucc may pursue, including default and termination of the Franchise Agreement under Section 14.2. This means that franchisees should take any notice of non-compliance seriously and address it promptly to avoid incurring fees and potential further action from Care Plus Medical Ucc.