What information about the Exit franchisee's employer must be provided to the Subfranchisor after termination?

According to Exit's 2025 Franchise Disclosure Document, for three years following the termination or non-renewal of the Franchise Agreement, the franchisee must keep the Subfranchisor informed of their current business and residence address and telephone numbers. Additionally, they must provide the business address and phone number of their employer, if applicable.

This requirement ensures that the Subfranchisor can maintain contact with the former franchisee and monitor their activities, particularly concerning non-compete clauses or potential misuse of confidential information. It allows the Subfranchisor to verify that the franchisee is not engaging in any activities that could harm the Exit brand or business.

For a prospective Exit franchisee, this means understanding that even after the franchise agreement ends, there's an ongoing obligation to provide personal and professional contact information to the Subfranchisor. This obligation lasts for three years, so it is important to keep accurate records and promptly update the Subfranchisor with any changes to avoid potential breaches of the agreement.

This type of clause is relatively common in franchise agreements, especially in industries where maintaining brand consistency and protecting trade secrets are crucial. Franchisees should be aware of these post-termination obligations and factor them into their long-term business and career plans.