What specific actions must a Kidokinetics franchisee take regarding assumed names or equivalent registrations containing Kidokinetics trademarks upon termination or expiration of the franchise agreement?

According to Kidokinetics's 2024 Franchise Disclosure Document, upon termination or expiration of the franchise agreement, a franchisee must take specific actions regarding any assumed names or equivalent registrations that include Kidokinetics trademarks. The franchisee is required to take the necessary steps to cancel any assumed name or equivalent registration that contains the Kidokinetics trademark or any other service mark or trademark belonging to Kidokinetics.

Furthermore, the franchisee must provide Kidokinetics with evidence of compliance with this obligation. This evidence must be satisfactory to Kidokinetics, ensuring that the cancellation is properly executed and documented. The franchisee is required to furnish this evidence to Kidokinetics within five days after the termination or expiration of the franchise agreement.

This requirement ensures that upon termination or expiration, the franchisee no longer uses the Kidokinetics name or trademarks in any business registration, preventing potential confusion or misuse of the brand. The short five-day window to provide evidence of compliance underscores the importance Kidokinetics places on quickly and definitively severing the franchisee's association with the brand after the agreement ends.