Which section of the Focus Cfo Franchise Agreement covers transfer of the franchise?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| h. "Cause" defined - defaults which cannot be cured | Section 11.2, 12.1.6 | time to time after written notice by Focus CFO. (i) You become insolvent; (ii) You file a petition in bankruptcy; (iii) You make an assignment for the benefit of your creditors; (iv) You take action or inaction that defames or disparages Focus CFO; (v) You engage in any act of dishonesty, misrepresentation, material neglect of duty, or willful misconduct in connection with the performance of your duties or responsibilities required pursuant to the franchise agreement; (vi) you engage in any behavior that caused physical, mental or emotional harm to an individual or property or behavior which is coercive, threatening, abusive, exploitive, harassing (including sexual, verbal or physical harassment) or which is otherwise inappropriate in a workplace or professional environment; (vii) you make any unauthorized use of the Focus CFO Marks or unauthorized use or disclosure of any confidential information of Focus CFO; (viii) you engage in or are accused of the commission of an act or omission constituting or involving fraud, embezzlement or other crime which could affect the reputation of Focus CFO, the Focus CFO System or the Focus CFO Marks or you are charged with or indicted for a felony, or |
Source: Item 9 — Franchisee's Obligations (FDD page 16)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Item 17 provides a summary of the franchise agreement, indicating that the transfer of the franchise is addressed in Section 12.1.6 of the Focus Cfo Franchise Agreement.
Specifically, Section 12.1.6 outlines conditions related to the transfer of the franchise by the franchisee, also referred to as the "Transferring Area President," to another individual, known as the "Recipient Area President." This section likely details the specific steps and requirements that must be met for a transfer to be approved by Focus Cfo.
Item 17 provides a table summarizing key provisions of the franchise agreement, including the term and renewal conditions, termination rights, and dispute resolution. The table clearly indicates which sections of the franchise agreement cover these topics, offering a roadmap for franchisees to quickly locate relevant information within the full agreement. This is a common practice in FDDs to help potential franchisees navigate the legal document.