What must a franchisee do with signs containing any Hyper Kidz mark upon termination or expiration of the agreement?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
- (b) remove all signs containing any Mark and return to us or destroy forms and materials containing any Mark or otherwise identifying or relating to a Hyper Kidz Business;
Source: Item 22 — CONTRACTS (FDD page 52)
What This Means (2024 FDD)
According to the 2024 Hyper Kidz Franchise Disclosure Document, upon termination or expiration of the franchise agreement, a franchisee must remove all signs containing any Hyper Kidz mark. The franchisee is then required to either return these signs to Hyper Kidz or destroy them. This ensures that the Hyper Kidz brand and trademarks are protected after the franchise agreement ends.
This requirement is standard practice in franchising. It prevents any potential confusion or misrepresentation that could arise if a former franchisee continued to display the franchisor's branding after the agreement has ended. This protects the integrity of the Hyper Kidz brand and prevents unauthorized use of its trademarks.
In addition to removing signs, the franchisee must also cease using any materials that identify them as a current or former Hyper Kidz franchisee and discontinue using any trademarks or trade dress associated with Hyper Kidz. The franchisee must also take action to cancel or transfer any assumed name registrations related to the use of Hyper Kidz marks, as directed by Hyper Kidz.