How much written notice is required to terminate the agreement with City Wide after the initial term?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
At any time after the Initial Term, either Party may terminate this Agreement upon providing six (6) months' prior written notice to the other Party, with the termination effective as stated in the notice, but in no event earlier than six (6) months.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, after the initial term of the agreement, either party can terminate the agreement by providing six months' prior written notice to the other party. The termination becomes effective as stated in the notice, but no earlier than six months from the date of the notice.
This means that a City Wide franchisee who wishes to terminate their agreement after the initial term must provide a written notice to City Wide at least six months in advance. This allows both parties ample time to prepare for the transition and wind down operations. The franchisee remains bound by the agreement's terms during this six-month period.
It is important to note that the franchisee is responsible for all costs associated with the transition or termination, which will be billed according to the pricing outlined in the agreement. This could include costs related to transferring accounts or data, removing City Wide branding, and other close-down procedures. Franchisees should carefully review the pricing details to understand the potential financial implications of termination.
This termination clause applies specifically to the agreement outlined in the excerpt. Franchisees should consult the full franchise agreement and seek legal counsel to fully understand their rights and obligations regarding termination, as specific circumstances and any additional agreements may affect the termination process.