Does the Devon Creek Agreement survive the termination of the Franchise Agreement?

According to the 2024 Devon Creek Franchise Disclosure Document, the agreement between the franchisee and Devon Creek survives the termination of the Franchise Agreement.

Specifically, the FDD states that "This Agreement shall survive the Termination of the Franchise Agreement." This means that certain obligations and responsibilities outlined in the agreement will continue to be in effect even after the franchise agreement itself has ended, whether through voluntary termination, involuntary termination, or natural expiration.

This survival clause has significant implications for a prospective Devon Creek franchisee. It means that even after the franchise relationship ends, the franchisee may still be bound by certain terms, such as those related to non-competition, confidentiality, or payment obligations. Franchisees should carefully review the entire agreement to understand which specific provisions survive termination and for how long they remain in effect. Understanding these post-termination obligations is crucial for planning future business activities after the franchise term.