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  4.  » “The Good, the Bad, and the Ugly – Franchise Agreement and FDD Provisions” an article by J. Michael Dady

“The Good, the Bad, and the Ugly – Franchise Agreement and FDD Provisions” an article by J. Michael Dady

On Behalf of | Jun 5, 2014 | Franchise Agreements

“The Good, the Bad, and the Ugly – Franchise Agreement and FDD Provisions” an article by J. Michael Dady

Michael Dady discusses Franchisee’s rights and limitations of the agreement.

1. The Duration of the Relationship

  • The Good: Consecutive, unlimited renewal terms, with renewal agreements that do not materially differ over time.
  • The Bad: Limited renewal rights, expressly allowing material, adverse changes to renewal agreements.
  • The Ugly: No renewal rights, with franchisor claiming the right to acquire the franchisee’s business at the end of the term for the fair market value of the hard assets… “

Read the full outline here: The Good the Bad and the Ugly-Franchise Agreement and FDD Provisions One Franchisee Lawyer’s Perspective