What is the Gokhale Method franchisee required to do with signs displaying the marks after termination?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Upon termination or expiration of this Agreement for any reason, all rights granted hereunder to you shall forthwith terminate, and:
- 16.2. Cease Use of Confidential Information and Marks. You shall immediately and permanently cease to use, in any manner whatsoever, any of our Intellectual Property, including but not limited to Confidential Information, methods, procedures and techniques associated with the System, and all Marks and distinctive forms, slogans, signs, symbols, colors, and devices associated with the System. In particular, you shall cease to use, without limitation, all signs, advertising materials, displays, stationery, forms, products and any other articles that display the Marks. You shall de-identify the Location of the Franchised Business so that there is no use or display of the Marks after the effective date of termination or expiration.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, upon termination or expiration of the franchise agreement, a franchisee must immediately and permanently cease using any of Gokhale Method's intellectual property, including confidential information, methods, procedures, techniques, marks, and distinctive forms associated with the system. This includes all signs, advertising materials, displays, stationery, forms, products, and any other articles that display the marks.
Specifically, the franchisee is required to de-identify the location of the franchised business to ensure there is no use or display of the Gokhale Method marks after the termination or expiration date. This means removing or altering any signs or materials that identify the location as a Gokhale Method franchise.
These obligations are in place to protect Gokhale Method's brand and prevent confusion among customers after a franchise ceases operation. Failure to comply with these requirements could result in legal action from Gokhale Method to enforce the terms of the franchise agreement.