factual

Does the Crawlspace Medic agreement survive the termination of the Franchise Agreement?

Crawlspace_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 18.1. Franchisee's Obligations. Upon termination or expiration of this Agreement, all rights and licenses granted hereunder to Franchisee shall immediately terminate and Franchisee and each Principal, if any, shall:
    • 18.1.1. immediately cease to operate the Franchised Business, and shall not thereafter, directly or indirectly identify himself, herself or itself as a current Crawlspace Medic owner, franchisee or licensee;
    • 18.1.2. immediately and permanently cease to use the Marks, any imitation of any Mark, Franchisor's designs, copyrighted material or other intellectual property, confidential or proprietary material or indicia of the Franchised Business, or use any trade name, trade or service mark or other commercial symbol that suggests an association with Franchisor, Licensor, or the System. In particular, Franchisee shall cease to use, without limitation, all signs, billboards, advertising materials, displays, stationery, forms and any other articles, which display the Marks;

Source: Item 22 — CONTRACTS (FDD page 42)

What This Means (2024 FDD)

According to the 2024 Crawlspace Medic Franchise Disclosure Document, the franchise agreement does not survive termination. Upon termination or expiration of the agreement, all rights and licenses granted to the franchisee immediately terminate.

Specifically, the franchisee must immediately cease operating the franchised business and cannot identify themselves as a current Crawlspace Medic owner, franchisee, or licensee. They must also immediately and permanently stop using the Crawlspace Medic marks, imitations of the marks, designs, copyrighted material, or other intellectual property. This includes refraining from using any trade name, trade or service mark, or other commercial symbol that suggests an association with Crawlspace Medic.

This means that after the franchise agreement ends, the franchisee loses all rights to operate under the Crawlspace Medic brand and must completely disassociate from the franchise system. This is a standard practice in franchising to protect the brand's integrity and prevent confusion in the marketplace.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.