Does the Epcon Communities franchise agreement specify any obligations of the franchisee upon termination or non-renewal of the franchise?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Article in Non- Disclosure and On-Line Information Access Agreement | Summary |
|---|---|---|
| i. Franchisee’s obligations on | Section 14 | Cease use of Epcon Communities Intranet. |
| Provision | Section of Sublicense Agree ment | Summary |
| --- | --- | --- |
| i. Franchisee’s obligations on termination/non-renewal | Section 5 | Cease use and, if applicable, return to us, the Marks, Epcon Communities Works, Development System or systems or parts of the Development System; cancel recording of Sublicense Agreement in all governmental records. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 55–69)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the franchise agreements outline specific obligations for the franchisee upon termination or non-renewal. Specifically, the Non-Disclosure and On-Line Information Access Agreement states that the franchisee must cease use of the Epcon Communities Intranet.
Additionally, the Sublicense Agreement requires the franchisee to cease using and, if applicable, return the Marks, Epcon Communities Works, Development System or systems or parts of the Development System to Epcon Communities. The franchisee must also cancel the recording of the Sublicense Agreement in all governmental records.
These obligations are fairly standard in franchising. They ensure that upon termination or non-renewal, the franchisee no longer represents the brand or utilizes proprietary systems and intellectual property. Prospective franchisees should carefully review these sections of the agreements to fully understand their responsibilities when the franchise relationship ends.