Upon termination of the Dermani Medspa agreement, what is the Manager required to do with practice materials belonging to the practice?

According to Dermani Medspa's 2025 Franchise Disclosure Document, upon termination of the agreement, the Manager is required to promptly relinquish to the Practice all papers, documents, writings, files, data, or materials, including Practice Materials, that belong to the Practice and are in the Manager's possession at the time of termination. This ensures that all materials and information owned by the Dermani Medspa practice are returned to the practice owner, maintaining the integrity and ownership of the practice's assets.

This requirement protects the Dermani Medspa practice by ensuring it retains control over its proprietary information and materials. It prevents the Manager from potentially misusing or withholding essential documents and data necessary for the continued operation of the medspa. The term 'Practice Materials' refers to educational and marketing materials, advertisements, programs, guides, publications, pamphlets, flyers, and other forms of information and materials designed and developed solely by the Practice for marketing its professional services.

For a prospective Dermani Medspa franchisee, this provision offers assurance that their practice-specific materials will be returned if the management agreement ends. It is important for franchisees to understand what constitutes 'Practice Materials' versus 'Marketing Materials' (which belong to the Manager) to ensure proper handling and return of assets upon termination. This distinction helps clarify ownership and responsibilities, reducing potential disputes at the end of the agreement.