On what page of the Pearce Bespoke FDD can I find information about Pearce Bespoke's Termination Rights?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
17. FRANCHISEE'S OBLIGATIONS UPON TERMINATION
A. Post-Term Duties.
If this Agreement is terminated for any reason, Franchisee will: (1) within five (5) days after termination, pay all amounts due and owing to Franchisor or suppliers under this Agreement; (2) return by first class prepaid United States mail or at Franchisor's sole discretion, destroy and confirm destruction thereof to Franchisor the all equipment, Manuals any other manuals, advertising materials, all other printed materials or assets relating to the operation of the franchised business; (3) assign to Franchisor or, at Franchisor's discretion, disconnect the telephone number for the Pearce Bespoke Franchise; and (4) remove all signs and other materials bearing the name "Pearce Bespoke" and other Marks; (5) disconnect any internet website Franchisee has established in connection with Franchisee's operation of the Pearce Bespoke Franchise; and (6) comply with all other applicable provisions of this Agreement, including the non-compete provisions. Upon termination of this Franchise Agreement for any reason, Franchisee's right to use the name "Pearce Bespoke" and the other Marks and the Business System will immediately terminate. If Franchisee fails to remove all signs and other materials bearing the Marks, Franchisor may do so at Franchisee's expense.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, information regarding the franchisee's obligations upon termination of the franchise agreement can be found on page 103. Specifically, this information is located under Item 22, which pertains to contracts, and is detailed in section 17, titled "FRANCHISEE'S OBLIGATIONS UPON TERMINATION".
This section outlines the duties a franchisee must fulfill if the Franchise Agreement is terminated for any reason. These obligations include paying all outstanding amounts to Pearce Bespoke or its suppliers within five days of termination. Additionally, the franchisee is required to return or destroy all equipment, manuals, advertising materials, and other assets related to the operation of the franchised business. The franchisee must also assign or disconnect the telephone number associated with the Pearce Bespoke franchise and remove all signs and materials bearing the Pearce Bespoke name and other trademarks.
Furthermore, the franchisee is obligated to disconnect any internet website established in connection with their Pearce Bespoke franchise operation and comply with all other applicable provisions of the Franchise Agreement, including non-compete provisions. Upon termination, the franchisee's right to use the Pearce Bespoke name, trademarks, and the Business System immediately ceases. If the franchisee fails to remove all signs and other materials bearing the trademarks, Pearce Bespoke reserves the right to do so at the franchisee's expense. These post-termination obligations are fairly standard in franchising to protect the brand and ensure a smooth transition.