Which article of the Cordova Franchise Agreement defines 'Renewal Notice'?

Based on the 2025 Cordova Franchise Disclosure Document, the term "Renewal Term" is defined in Article 15.A of the Franchise Agreement. This means that franchisees looking to understand the specifics around renewing their franchise agreement should refer to this section. Article 15.A likely contains details about the conditions, procedures, and any associated fees for renewing the franchise.

For a prospective Cordova franchisee, understanding the renewal terms is crucial. It dictates the process and requirements for extending the franchise agreement beyond its initial term. This includes timelines for notifying Cordova of the intent to renew, any conditions that must be met (such as meeting certain performance metrics or completing additional training), and any fees associated with the renewal.

It's important for potential franchisees to carefully review Article 15.A to fully understand their rights and obligations regarding renewal. This knowledge can help them plan for the future and make informed decisions about their investment in a Cordova franchise. Paying close attention to the renewal terms can prevent misunderstandings or disputes with Cordova later on.