What is the cure period if I breach Section 10.11 of the Eos Worldwide agreement?

According to the 2025 Eos Worldwide Franchise Disclosure Document, if a franchisee breaches Section 10.11 of the agreement, they have fifteen (15) days to cure the breach after receiving written notice from Eos Worldwide. Failing to remedy the breach within this timeframe may result in Eos Worldwide terminating the agreement or taking other actions permitted by the agreement.

Cure periods are common in franchise agreements, allowing franchisees an opportunity to correct certain defaults before the franchisor takes drastic action like termination. The length of the cure period can vary depending on the nature and severity of the breach. For Eos Worldwide, breaches related to payments or unauthorized use of marks have shorter cure periods, while other breaches may have longer periods.

It is important for prospective Eos Worldwide franchisees to understand the specific obligations outlined in Section 10.11 of the franchise agreement and the potential consequences of failing to meet those obligations. Franchisees should also be aware of the other sections of the agreement that specify different cure periods for various types of breaches. Understanding these cure periods and obligations can help franchisees avoid defaults and maintain a positive relationship with Eos Worldwide.