factual

Does the Endless Summer Sweets Multi-Unit Development Agreement define 'cause' for termination?

Endless_Summer_Sweets Franchise · 2024 FDD

Answer from 2024 FDD Document

Provision Section in franchise Summary
or other agreement
If you sign a Multi-Unit Development
Agreement, termination of your MUDA does
not give us the right to terminate your franchise
agreement. However, if your franchise
agreement is terminated, we have the right to
terminate your MUDA.
g. “Cause” defined-- Non-payment by you (10 days to cure); violate
curable defaults
franchise agreement other than non-curable
default (30 days to cure).
h. “Cause” defined--non- FA: Misrepresentation when applying to be a
curable defaults
franchisee; knowingly submitting false
information; bankruptcy; lose possession of
your location; violation of law; violation of
confidentiality; violation of non-compete;
violation of transfer restrictions; slander or
libel of us; refusal to cooperate with our
business inspection; cease operations for more
than 5 consecutive days; three defaults in 12
months; cross-termination;
conviction of, or plea to a felony, or
commission or accusation of an act that is
reasonably likely to materially and unfavorably
affect our brand; any other breach of franchise
agreement which by its nature cannot be cured.
MUDA: failure to meet development schedule;
violation of franchise agreement or other
agreement which gives us the right to terminate
it.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 30–34)

What This Means (2024 FDD)

According to Endless Summer Sweets's 2024 Franchise Disclosure Document, the Multi-Unit Development Agreement (MUDA) does define 'cause' for termination. The FDD outlines both curable and non-curable defaults that can lead to the termination of the MUDA.

Curable defaults for the franchise agreement include non-payment, with a 10-day cure period, and violating the franchise agreement (other than a non-curable default), with a 30-day cure period. Non-curable defaults under the franchise agreement include misrepresentation when applying to be a franchisee, knowingly submitting false information, bankruptcy, losing possession of the location, violating laws, confidentiality, or non-compete agreements, slandering or libeling Endless Summer Sweets, refusing to cooperate with business inspections, ceasing operations for more than 5 consecutive days, having three defaults within 12 months, cross-termination, conviction of a felony, or any breach that cannot be cured.

For the MUDA specifically, non-curable defaults include failure to meet the development schedule or violating the franchise agreement or any other agreement that gives Endless Summer Sweets the right to terminate it. This means that franchisees need to adhere to the development schedule outlined in the MUDA and ensure compliance with all agreements to avoid termination.

It is important to note that termination of the MUDA does not automatically terminate the franchise agreement, but termination of the franchise agreement gives Endless Summer Sweets the right to terminate the MUDA. Prospective franchisees should carefully review these termination clauses and seek legal counsel to fully understand their obligations and potential risks.

Disclaimer: This information is extracted from the 2024 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.