According to Cinch I.T.'s 2024 Franchise Disclosure Document, Cinch I.T. has the right to transfer or assign its rights and obligations under the Multi-Unit Development Agreement. Specifically, Cinch I.T. can transfer all or any part of its rights or obligations to another person or legal entity.

However, there is a condition attached to this right. The person or legal entity to whom Cinch I.T. transfers these obligations must assume Cinch I.T.'s obligations under the agreement. Once this assumption occurs, Cinch I.T. is released from any further liability to the Multi-Unit Developer.

This clause is fairly standard in franchising, allowing the franchisor flexibility in the event of a merger, acquisition, or other business restructuring. For a prospective Cinch I.T. multi-unit developer, this means that the original entity they contracted with might not be the entity they deal with throughout the term of the agreement. However, the franchisee's rights should remain protected as the new entity is required to assume the original franchisor's obligations.