any cause, or the termination of any other agreement between the Parties, Global may, at its option,
terminate any or all of such other agreements.
10. OBLIGATIONS UPON TERMINATION OR EXPIRATION
10.1 No Future Development. Upon termination of this Agreement (“Termination Date”)
Master Licensee shall comply with the following provisions:
10.1.1 Master, subject to Section 10.2 and 10.3, shall have the right to continue to own
and operate all of its Owned Franchised Businesses in the Development Area, each under a then-current
Franchise Agreement between Global and Master Licensee.
10.1.2 Master, subject to Section 10.2 and 10.3, shall have the right to continue to
Open, own and operate all Master Licensee Owned Franchised Business that have not yet been Opened
if it is bound by a lease with the landlord which is in full force and effect on the Termination Date.
10.1.3 Master shall have no further right to itself develop any additional Franchised
Businesses in the Development Area following the Termination Date, except as provided in Section
10.1.2.
10.1.4 Master shall have no further right to grant franchises to Franchisees to develop,
own and operate a Franchised Business in the Development Area, except for which there exists a fully
executed lease between a Franchisee and a landlord of a site that is in full force and effect on the
Termination Date.
10.1.5 Master shall have no further rights or obligations under this Agreement or the
Franchise Agreements that remain in full force and effect on the Termination Date.
10.1.6 Global, may, but shall not be required to assume Master Licensee’s
responsibilities for the sale of Franchises in the Development Area, and may, but shall not be required
to, assume the responsibilities for the support of the Franchises and Franchisees operating Franchised
Businesses in the Development Area on the Termination Date.
10.1.7 If Global assumes the responsibilities for the support of Franchises and
Franchisees operating Franchisee Businesses in the Development Area, Global, and not Master Licensee,
shall be entitled to all future royalty fees, all of the various fund contributions and any other fees, that
thereafter become due from Franchisees.
10.1.8 If Global exercises its option to take over the rights and obligations of Master
with regard to the Franchised Businesses, it may thereafter develop, own and operate, and grant
franchises to third parties to develop, own and operate Franchised Businesses at any location within or
outside of the Development Area, without restriction, subject only to any protected territorial rights
previously granted to any Franchisee under a Franchise Agreement that remains in full force and effect
on the Termination Date.