factual

What are the franchisee's obligations upon termination or non-renewal of the Epcon Communities franchise agreement?

Epcon_Communities Franchise · 2025 FDD

Answer 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.
termination/nonrenewal

[Chunk 2 | Item 17: Renewal, Termination, Transfer, and Dispute Resolution] (chunk_id: 9300ba2b-c5a1-4782-88b3-8a3890bafb13) [Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP]

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 franchisee's obligations upon termination or non-renewal vary depending on the specific agreement.

Specifically, regarding the Non-Disclosure and On-Line Information Access Agreement, the franchisee must cease use of the Epcon Communities Intranet. This means that access to internal communication networks and proprietary information systems must be discontinued.

Concerning the Sublicense Agreement, the franchisee is obligated to cease use of, and if applicable, return the Marks, Epcon Communities Works, Development System or systems or parts of the Development System. Additionally, the franchisee must cancel the recording of the Sublicense Agreement in all governmental records. This ensures that all rights and licenses granted under the Sublicense Agreement are terminated and properly documented.

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.