What other duties require performance by a Ledgers franchisee after they are no longer a franchisee?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon termination or expiration of this Agreement, including a sale of the Franchise Business, you will:
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- Adhere to the post-term duties stated in Section 8.6 entitled Non-Compete and No Solicitation and any other duties that require your performance after you are no longer a franchisee.
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- Abide by any other covenant in this Agreement that requires performance by you after you are no longer a franchisee.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, there are several obligations a franchisee must adhere to even after the termination or expiration of the franchise agreement. Besides the specific duties outlined in section 8.6 regarding non-competition and non-solicitation, franchisees must also comply with any other covenant within the agreement that necessitates performance post-termination.
These post-termination duties are broad, requiring adherence to all applicable covenants. This means a former Ledgers franchisee needs to carefully review the entire franchise agreement to identify all clauses that continue to bind them after the agreement ends.
This could include, but is not limited to, maintaining confidentiality, abiding by non-disparagement clauses, and fulfilling any pending obligations to clients. The exact nature of these 'other duties' will depend on the specifics of the franchise agreement and any amendments made during its term.