What is the Face Foundrie franchisee required to do regarding payment for telephone numbers upon termination or expiration of the Franchise Agreement?

According to the 2025 Face Foundrie Franchise Disclosure Document, upon termination or expiration of the Franchise Agreement, the franchisee is required to immediately pay all outstanding amounts for telephone listings and numbers. This includes any sums owed under existing contracts for telephone directory advertising, regardless of whether they are due at the time of termination or expiration.

In practical terms, this means that a franchisee cannot simply walk away from their financial obligations related to telephone services when the franchise agreement ends. They are responsible for settling all accounts, including those that may extend beyond the termination date. This could include contracts for directory advertising that were signed for a specific duration.

Furthermore, the franchisee irrevocably assigns the telephone listing and numbers to Face Foundrie Franchising L.L.C. upon termination of the Franchise Agreement. The franchisee must also sign all documents, pay all monies, and take all other actions necessary to transfer the listing and numbers to Face Foundrie at Face Foundrie's request. This ensures that Face Foundrie maintains control over the telephone numbers and listings associated with the business, preventing any potential disruption or confusion for customers.