Can Intuit, as the franchisor, assign or transfer the Remax Franchise Agreement to another party?

You understand and acknowledge that REMAX Regional and REMAX, LLC are parties to a regional master franchise agreement which authorizes REMAX Regional to sell franchises for RE/MAX offices. REMAX, LLC may terminate the regional master franchise agreement if REMAX Regional materially violates its terms. You acknowledge that in the event of the termination or expiration of the regional master franchise agreement between REMAX Regional and REMAX, LLC, REMAX, LLC shall have the option, to be exercised in its sole discretion, to elect to assume REMAX Regional's rights and obligations under this Agreement (or to designate another party to assume such rights and obligations) or to immediately terminate this Agreement upon notice to you. If REMAX, LLC elects to assume (or to designate another party to assume) such rights and obligations, you consent to the assumption and the assignment of all related rights under this Agreement, and you agree to execute any documents and take such other actions required or deemed necessary by REMAX, LLC to effect such assumption and assignment. You further agree that in the event of such an assumption and assignment, you shall hold REMAX, LLC harmless from any

obligation for performance or liability for default or non-performance by REMAX Regional under this Agreement which arises before the effective date of the assumption and assignment.

Source: Item 22 — Contracts (FDD pages 108–334)