Under what conditions can Jersey Mikes terminate the National Media Fund?

According to Jersey Mike's 2025 Franchise Disclosure Document, Jersey Mike's maintains the right to terminate the National Media Fund. However, this right is conditional. Jersey Mike's cannot terminate the fund until all the monies within it have been fully expended for advertising and promotional purposes.

This condition protects franchisees by ensuring that contributions to the National Media Fund are used as intended for advertising and promotional activities before the fund can be terminated. It prevents Jersey Mike's from simply dissolving the fund and reallocating the remaining money without fulfilling its purpose.

This provision is fairly standard in franchising, as advertising funds are typically meant to benefit the entire franchise system. Franchisees should confirm how often Jersey Mike's has terminated advertising funds in the past and the process involved to ensure transparency and accountability.