Does the indemnification and limitation of liability section of The Standardx agreement survive termination or expiration of the agreement?

According to The Standardx's 2025 Franchise Disclosure Document, Section 9, which pertains to indemnification and limitation of liability, will survive the termination or expiration of the agreement. Specifically, this means that even after the franchise agreement ends, the provisions regarding who is responsible for covering losses or damages, and the limits on each party's liability, will remain in effect.

For a prospective franchisee, this is an important consideration. It means that even after the franchise term is over, they may still be responsible for certain liabilities or be limited in their ability to claim damages from The Standardx, and vice versa. This survival clause ensures that any unresolved issues related to liability and indemnification are not automatically extinguished when the agreement ends.

This type of clause is relatively common in franchise agreements, as it provides a framework for dealing with potential long-term liabilities that may arise from the operation of the franchise. Franchisees should carefully review Section 9 and understand the scope of their indemnification obligations and the limitations on The Standardx's liability, as well as their own rights and limitations, both during the term of the agreement and after its termination or expiration.