What does Section 17.6 of the Eos Worldwide Franchise Agreement specifically address?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| i. Franchisee's obligations on termination/non-renewal | 17.6 | You must: (i) immediately cease to use any of the Confidential Information, the Intellectual Property and the Marks; (ii) immediately return to us (or destroy upon our request) all of your copies of any materials containing any of the Confidential Information or any materials bearing the Intellectual Property or the Marks and all copies and records of any Client or other similar lists; (iii) upon our request, cooperate in assigning to us or to a person or entity designated by us any and all vendor agreements or sales or service contracts for the Services with Clients of your Franchised Business, which will be automatic at our option as a result of the termination or expiration; (iv) immediately cease all use of our Marks and Intellectual Property including any of our marketi |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 54–59)
What This Means (2025 FDD)
According to the 2025 Eos Worldwide Franchise Disclosure Document, Section 17.6 of the Franchise Agreement outlines the franchisee's obligations upon termination or non-renewal of the franchise agreement. Specifically, it details several actions the franchisee must undertake to ensure a smooth transition and protect Eos Worldwide's interests. These obligations are designed to prevent misuse of confidential information, intellectual property, and brand reputation after the franchise relationship ends.
Upon termination or non-renewal, the franchisee must immediately stop using any Confidential Information, Intellectual Property, and Marks associated with Eos Worldwide. This includes ceasing all marketing activities and representations that associate the franchisee with the Eos Worldwide brand. The franchisee is also required to return or destroy all copies of materials containing Confidential Information, Intellectual Property, or Marks, including client lists and records. This ensures that sensitive business data and proprietary materials are not retained or misused by the former franchisee.
Additionally, Eos Worldwide has the option to request the assignment of vendor agreements or sales/service contracts with clients of the Franchised Business. If Eos Worldwide exercises this option, the assignment will occur automatically upon termination or expiration. This provision allows Eos Worldwide to maintain relationships with existing clients and continue providing services without disruption. Finally, the franchisee must immediately cease all use of Eos Worldwide's Marks and Intellectual Property, including any marketing materials. This prevents any potential confusion or misrepresentation of the franchisee's affiliation with Eos Worldwide after the termination or non-renewal of the agreement.