How many business days does a Southern Steer franchisee have to execute additional documentation required by the franchisor after notice?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
- (h) within five business days of Franchisor's notice, execute additional documentation required by Franchisor to effectuate this Section 21.1;
Source: Item 22 — ITEM. 22 CONTRACTS (FDD pages 61–168)
What This Means (2025 FDD)
According to the 2025 Southern Steer Franchise Disclosure Document, a franchisee has five business days to execute additional documentation required by Southern Steer after receiving notice. This requirement is specifically triggered after the termination, expiration, transfer, or cancellation of the franchise agreement.
This means that upon the end of the franchise relationship, Southern Steer can demand that the franchisee sign further documents to finalize the separation. The franchisee must act quickly to fulfill this obligation within the five-day window.
This clause protects Southern Steer by ensuring they can promptly obtain necessary signatures and paperwork to formally conclude the franchise agreement and protect their interests. Franchisees should be prepared to seek legal counsel to review any such documents to ensure they understand the implications of what they are signing.