factual

What happens to the Kidokinetics franchisee's signage upon termination of the franchise agreement?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 17.1. Franchisee's Obligations. Upon termination or expiration of this Agreement, all rights and licenses granted hereunder to Franchisee will immediately terminate and Franchisee and each Principal, if any, shall:
    • 17.1.1. immediately cease to operate the Kidokinetics Business, and not, directly or indirectly, identify himself, herself or itself as a current or former Kidokinetics Business owner, franchisee or licensee;
    • 17.1.2. immediately and permanently cease to use the Marks, any imitation of any Mark or other indicia of a Kidokinetics Business, or use any trade name, trade or service mark or other commercial symbol that suggests an association with Franchisor, Licensor, or the System. In particular, Franchisee shall cease to use, without limitation, all signs, advertising materials, displays, vehicle wraps, stationery, forms and any other articles, which display the Marks;
    • 17.1.3. take such action as may be necessary to cancel any assumed name or equivalent registration that contains the Mark or any other service mark or trademark of Franchisor, and Franchisee shall furnish Franchisor with evidence of compliance with this obligation, which is satisfactory to Franchisor, within five (5) days after termination or expiration of this Agreement;

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to the 2024 Kidokinetics Franchise Disclosure Document, upon termination or expiration of the Franchise Agreement, the franchisee must immediately cease operating the Kidokinetics Business and cannot identify themselves as a current or former Kidokinetics owner, franchisee, or licensee.

Specifically, the franchisee must immediately and permanently stop using the Kidokinetics Marks, any imitation of the Marks, or any other indication of a Kidokinetics Business. This includes discontinuing the use of all signs, advertising materials, displays, vehicle wraps, stationery, forms, and any other items that display the Marks.

Furthermore, the franchisee is required to take necessary actions to cancel any assumed name or equivalent registration that contains the Kidokinetics Mark or any other service mark or trademark of Kidokinetics. The franchisee must provide Kidokinetics with evidence of compliance within five days after the termination or expiration of the agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.