factual

What is a required action for a Dryject franchisee upon receiving notice of a material breach?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

As a result, You acknowledge and agree that the occurrence of any of the following events, each or any of which shall be considered a Material Breach default of this Agreement, constitutes reasonable grounds for termination of this Franchise Agreement by Us; provided, however that You shall be given the opportunity, within fifteen (15) days after receipt of written notice of such Material Breach, to cure the default by promptly providing proof of cure to Us.

Notwithstanding the foregoing, if the breach is curable but is of a nature which cannot reasonably be cured within such fifteen (15) day period and You have commenced and are continuing to make good faith efforts to cure the breach, You shall be given an additional reasonable period of time to cure the default, and this Agreement shall not terminate.

If any such default is not cured within the time as specified by Us, this Agreement shall terminate effective immediately without further notice to You.

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

What This Means (2025 FDD)

According to the 2025 Dryject Franchise Disclosure Document, if Dryject notifies a franchisee of a material breach of the franchise agreement, the franchisee has a 15-day opportunity to cure the default by providing proof of the cure to Dryject. This initial period allows the franchisee to rectify the situation and avoid termination of the agreement.

However, if the breach is curable but cannot reasonably be resolved within the initial 15-day period, and the franchisee has started and continues to make good faith efforts to cure the breach, Dryject will grant an additional reasonable period to complete the cure. This demonstrates some flexibility on Dryject's part, acknowledging that some breaches may require more time to resolve.

If the franchisee fails to cure the default within the specified time, including any extension granted for good faith efforts, the franchise agreement will terminate immediately without further notice. This highlights the importance of addressing any notified breaches promptly and diligently to maintain the franchise rights. The franchisee must provide proof of cure to Dryject within the allotted time frame.

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.