On termination of the Franchise Agreement for any reason, the following procedures are to be adhered to:-

 

1.       Return the Operations Manual and all other printed material provided to you.

2.       Return all ABC company documents and stationery.

3.       Remove all notices bearing your name as a Franchisee of ABC

4.       Cancel from any register your name as a Franchisee of ABC.

5.       Settle all outstanding accounts for products, franchise fees and costs.

6.       Conclude all leases for any vehicle or equipment supplied by ABC or by any of its associates or affiliates.

7.       Transfer any telephone or facsimile numbers or directory entries to ABC.

 

Following termination, under the terms of our Franchise Agreement, you are not permitted to engage in the operation of a business in a similar industry for a period of the remainder of the term of the Franchise Agreement.