factual

How much time does Dryject have to cure a material breach after receiving written notice from the franchisee?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (a) If You are in compliance with this Agreement and We materially breach this Agreement and fail to cure such breach within thirty (30) days after written notice thereof is delivered to Us, then You may terminate this Agreement and the Franchised Business effective thirty (30) days after delivery to Us of notice of termination.

Notwithstanding the foregoing, if the breach is capable of being cured but is of a nature which cannot reasonably be cured within such thirty (30) day period, and We have commenced and are continuing to make good faith efforts to cure the breach, We shall be given an additional reasonable period of time to cure the breach, and this Agreement shall not terminate.

Any termination of this Agreement and the Franchised Business by You, without complying with the foregoing requirements, or for any reason other than a material breach of this Agreement by Us and Our failure to cure such material breach within the time allowed shall be deemed a termination by You without cause.

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

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, if Dryject materially breaches the agreement, the franchisee must provide written notice. Dryject then has thirty (30) days to cure the breach. If the breach cannot reasonably be cured within 30 days but Dryject has commenced and continues to make good faith efforts to cure the breach, Dryject is granted an additional reasonable period to complete the cure.

However, if the franchisee terminates the agreement without providing the required notice and cure period, or for any reason other than Dryject's material breach and failure to cure within the allotted time, it will be considered a termination by the franchisee without cause. This could have significant financial and legal ramifications for the franchisee.

This cure period is a fairly standard practice in franchising, as it provides an opportunity for both parties to resolve disputes and maintain the franchise relationship. It is important for a prospective Dryject franchisee to understand the specific conditions under which they can terminate the agreement and the potential consequences of not following the proper procedures.

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.