Can Petro Stopping Center exclude a franchisee and their personnel from the site or other collateral in case of default?

According to the 2025 Petro Stopping Center Franchise Agreement, Petro Franchise Systems LLC has the authority to exclude a franchisee and their personnel from the site or other collateral in the event of a default. This is explicitly stated as one of the actions Petro Stopping Center can take to regain control and manage the business. This action can be taken without notice and with or without process of law.

This provision grants Petro Stopping Center significant control over the franchise in the event of a default, allowing them to quickly secure the premises and assets. For a prospective franchisee, this highlights the importance of adhering to the terms of the franchise agreement, lease, and loan documents to avoid such a scenario. Defaulting on these agreements could lead to immediate exclusion from the business and loss of control over the assets.

It is important for potential franchisees to fully understand the conditions under which a default can be declared and the implications of such a declaration. This includes understanding what constitutes 'the Site or other Collateral' as defined in the agreement, and what steps a franchisee can take to remedy a default situation. Prospective franchisees should seek legal counsel to fully understand their rights and obligations under the franchise agreement.