What happens if a Devon Creek franchisee fails to comply with the covenants in Article 15?

According to the 2024 Devon Creek Franchise Disclosure Document, failure to comply with the covenants in Article 15 constitutes a breach of the franchise agreement. Specifically, section 17.2.6 states that the franchisor can terminate the franchise agreement if the franchisee fails to comply with the covenants in Article 15.

Article 15 likely contains important obligations for the franchisee. Because the FDD excerpt does not specify the contents of Article 15, it is important for a prospective franchisee to review Article 15 within the Franchise Agreement carefully to understand the specific obligations it contains.

It is important to understand the consequences of failing to meet these obligations, as Devon Creek can terminate the franchise agreement if the franchisee fails to comply with the covenants in Article 15.