table_specific

Where in the Dryject FDD can I find information regarding the franchisee's obligations upon termination or expiration of the franchise agreement?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

DAKOTA**

Department of Labor and Regulation Division of Securities 124 S Euclid, Suite 104 Pierre, South Dakota 57501

VIRGINIA

Clerk of the State Corporation Commission 1300 East Main Street Richmond, Virginia 23219

WASHINGTON

Administrator Department of Financial Institutions Securities Division 150 Israel Rd. SW Tumwater, Washington 98501

WISCONSIN

Wisconsin Commissioner of Securities 345 W. Washington Avenue, Fourth Floor Madison, Wisconsin 53703

EXHIBIT C

STANDARD FRANCHISE AGREEMENT FOR DRYJECT MANAGEMENT, LLC

DRYJECT MANAGEMENT, LLC FRANCHISE AGREEMENT

FRANCHISE AGREEMENT

TABLE OF CONTENTS

STATE REGULATORY AUTHORITIES
SOUTH DAKOTA
23. INDEMNIFICATION; INSURANCE 33
24. BUSINESS ORGANIZATION AND PERSONAL GUARANTY(S) 35
25. COVENANTS OF NON-SOLICITATION, NON-DISCLOSURE 36
AND NON-COMPETITION
26. CONFIDENTIALITY 39
27. NON-DISCLOSURE, NON-SOLICITATION
AND NON-COMPETITION AGREEMENTS 40
28. ASSIGNMENT; CONDITIONS AND LIMITATIONS 40
29. DEATH, DISABILITY OR PERMANENT INCAPACITY OF FRANCHISEE 43
30. OPERATION OF FRANCHISED BUSINESS IN THE EVENT OF ABSENCE, 43
INCAPACITY OR DEATH
31. FRANCHISOR RIGHT OF FIRST REFUSAL 44
32. TERMINATION 45
33. STEP IN RIGHTS 49
34. CROSS-DEFAULT 49
35. OBLIGATIONS OF FRANCHISEE UPON TERMINATION OR EXPIRATION 50
36. NOTICES 51
37. DISPUTE RESOLUTION 52
38. REMEDIES 54
39. REMEDIES CUMULATIVE 55
40. LIMITATIONS OF CLAIMS 55
41. INJUNCTIVE RELIEF 56
42. DAMAGES AND WAIVER OF JURY TRIAL 56
43. ENFORCEMENT COSTS AND EXPENSES 57
44. NO RIGHT TO SET OFF 57
45. WAIVER 57
46. CONSENTS 57
--- ------------------------------------------------------ ----
47. JOINT AND SEVERAL OBLIGATION 57
48. GOVERNING LAW; CONSENT TO VENUE AND JURISDICTION 58
49. GOVERNING LANGUAGE 58
50. ENTIRE AGREEMENT; MODIFICATION 58
51. SEVERABILITY 59
52. CONSTRUCTION 59
53. HEADINGS 59
54. GENDER 59
55.

Source: Item 23 — RECEIPT (FDD pages 50–68)

What This Means (2025 FDD)

According to the 2025 Dryject FDD, Item 23, titled "RECEIPT", includes a table of contents that directs you to the section outlining the franchisee's obligations upon termination or expiration of the franchise agreement. Specifically, the table indicates that information regarding these obligations can be found on page 50 of the FDD, under the heading "OBLIGATIONS OF FRANCHISEE UPON TERMINATION OR EXPIRATION."

This section of the FDD is crucial for prospective Dryject franchisees as it details the steps and responsibilities they must undertake when the franchise agreement ends, whether through termination or expiration of the term. Understanding these obligations is essential for a smooth transition and to avoid potential legal or financial repercussions.

Typical franchise agreements contain clauses detailing post-termination obligations, such as ceasing use of trademarks, returning confidential information, and fulfilling any outstanding financial commitments. Reviewing this section carefully will help a potential Dryject franchisee understand what will be expected of them at the end of their franchise term.

Disclaimer: This information is extracted from the 2025 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.
All Dryject 2025 FAQs Ask FDD Ninja