factual

Does the Dryject franchisee's indemnification obligation survive the termination of the franchise agreement?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 3.7 Survival.

This Telephone Listing Agreement shall survive the Termination of the Franchise Agreement.

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to the 2025 Dryject FDD, the franchisee's indemnification obligations, as outlined in the Telephone Listing Agreement, do survive the termination of the Franchise Agreement. Specifically, the Telephone Listing Agreement remains in effect even after the Franchise Agreement ends. This means that any liabilities or responsibilities the franchisee has undertaken within the Telephone Listing Agreement, including indemnification, continue to apply post-termination.

This survival clause has significant implications for a prospective Dryject franchisee. It means that even after the franchise relationship ends, the franchisee could still be held liable for certain obligations. This could include financial responsibilities or legal liabilities related to the Telephone Listing Agreement. Franchisees should carefully review the terms of the Telephone Listing Agreement and understand the scope of their indemnification obligations to assess the potential long-term risks.

It is important for potential Dryject franchisees to seek legal counsel to fully understand the implications of this survival clause and how it might affect them after the franchise agreement is terminated. Understanding the specific terms of the Telephone Listing Agreement and the potential liabilities that could extend beyond the franchise term is crucial for making an informed decision about investing in a Dryject franchise.

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.