Which article in the Crab N Spice franchise agreement addresses dispute resolution?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
- 14.3 Effect of Termination. Upon termination or expiration of this Agreement, all obligations that by their terms or by reasonable implication survive termination, including those pertaining to non-competition, confidentiality, indemnity, and dispute resolution, will remain in effect, and Franchisee must immediately:
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 19–20)
What This Means (2024 FDD)
According to the 2024 Crab N Spice Franchise Disclosure Document, Article 14.3 addresses dispute resolution upon termination or expiration of the agreement. Specifically, it states that obligations pertaining to dispute resolution will remain in effect after the termination or expiration of the agreement.
This means that even after the franchise agreement ends, either through termination or expiration, the franchisee may still be bound by the dispute resolution terms outlined in the agreement. This could include requirements for mediation, arbitration, or specific legal venues for resolving disagreements with Crab N Spice.
Prospective franchisees should carefully review the entire Article 14.3, as well as the sections of the Crab N Spice franchise agreement that detail the specific dispute resolution processes, to understand their obligations and rights both during and after the franchise term. Understanding these terms is crucial for anticipating how any potential conflicts with Crab N Spice would be handled.