What is Crisp & Green entitled to do in the Development Area after the Development Area expires?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
Notwithstanding anything in this Agreement, when the earliest of the above events occurs: (i) the Development Area will expire; and (ii) we will be entitled to develop and operate—or to franchise others to develop and operate—CRISP & GREEN Restaurants from locations in the Development Area, except as may be otherwise provided under any Franchise Agreement that has been signed between us and you and that has not been terminated.
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, upon the expiration of the Development Area, Crisp & Green has the right to develop and operate Crisp & Green restaurants, or franchise others to do so, within that Development Area. This is with the exception of any areas covered by existing Franchise Agreements that are still in effect between the developer and Crisp & Green.
This means that once the Development Area expires, Crisp & Green is no longer restricted from opening its own stores or franchising new locations within the former Development Area. The developer's exclusive rights to that territory cease, allowing Crisp & Green to expand its presence without being bound by the prior agreement.
However, any individual franchise agreements signed within the Development Area before its expiration remain valid. Crisp & Green must honor those agreements until they are terminated according to their own terms. This ensures that existing franchisees retain their rights and territories as defined in their separate franchise agreements, even after the broader Development Area agreement has ended.