AND OTHER CONFIDENTIAL INFORMATION
21
SECTION 6.1
IN GENERAL
21
SECTION 6.2
CONFIDENTIAL USE
22
SECTION 6.3
PERIODIC REVISIONS
22
ARTICLE 7 -
ADVERTISING
22
SECTION 7.1
LOCAL ADVERTISING
22
SECTION 7.2
REGIONAL COOPERATIVE ADVERTISING
23
SECTION 7.3
WEB SITE ADVERTISING
24
SECTION 7.4
SPECIAL ADVERTISING EXPENDITURES
24
SECTION 7.5
MARKETING FUND
24
SECTION 7.6
CONTENT AND CONCEPTS
25
SECTION 7.7
TERMINATION OF EXPENDITURES
25
SECTION 7.8
ADVERTISING CONTRIBUTIONS BY US
25
ARTICLE 8 -
ACCOUNTING AND RECORDS
25
SECTION 8.1
RECORDS
25
SECTION 8.2
REPORTS AND STATEMENTS;
CONFIDENTIALITY
25
SECTION 8.3
REVIEW AND AUDIT
26
SECTION 8.4
YOUR NAME, ADDRESS AND TELEPHONE NUMBER
26
2
ARTICLE 9 - INSURANCE
26
SECTION 9.1
TYPES AND AMOUNTS OF COVERAGE
26
SECTION 9.2
EVIDENCE OF YOUR INSURANCE
27
SECTION 9.3
REQUIREMENTS FOR CONSTRUCTION AND RENOVATION
27
SECTION 9.4
OUR RIGHT TO PARTICIPATE IN CLAIMS PROCEDURE
28
SECTION 9.5
WAIVER OF SUBROGATION
28
SECTION 9.6
EFFECT OF OUR INSURANCE
28
SECTION 9.7
FAILURE TO MAINTAIN INSURANCE
28
SECTION 9.8
GROUP INSURANCE
28
ARTICLE 10 -
INDEPENDENT ASSOCIATION OF LA BOXING FRANCHISEES
28
SECTION 10.1
YOUR RIGHT TO JOIN THE INDEPENDENT ASSOCIATION
OF LA BOXING
FRANCHISEES
28
SECTION 10.2
OUR DEALINGS WITH THE FRANCHISEE ASSOCIATION.
28
SECTION 10.3
ANNUAL CONVENTION
28
ARTICLE 11 -
TRANSFER OF INTEREST
29
SECTION 11.1
TRANSFER BY US
29
SECTION 11.2
TRANSFER BY YOU
29
SECTION 11.3
TRANSFER UPON DIVORCE OR PARTNERSHIP DISSOLUTION
30
SECTION 11.4
TRANSFER UPON DEATH OR DISABILITY
31
SECTION 11.5
OUR PURCHASE OBLIGATION UPON YOUR DEATH.
31
SECTION 11.6
OUR RIGHT OF FIRST PURCHASE
31
SECTION 11.7
YOUR TRANSFER OF ACCOUNTS TO ANOTHER FRANCHISEE
33
ARTICLE 12 -
DEFAULT AND TERMINATION
33
SECTION 12.1
TERMINATION BY YOU
33
SECTION 12.2
TERMINATION BY US - WITHOUT NOTICE
33
SECTION 12.3
TERMINATION BY US - AFTER NOTICE
33
SECTION 12.4
TERMINATION BY US - AFTER NOTICE AND RIGHT TO CURE
34
ARTICLE 13 -
YOUR OBLIGATIONS UPON TERMINATION DUE TO YOUR
DEFAULT
OR ON NONRENEWAL
34
SECTION 13.1
CEASE OPERATIONS
35
SECTION 13.2
PAYMENT OF OUTSTANDING AMOUNTS
35
SECTION 13.3
DISCONTINUANCE OF USE OF TRADE NAME
35
SECTION 13.4
OUR OPTION TO PURCHASE YOUR LA BOXING FRANCHISE
35
SECTION 13.5
DISTINGUISHING OPERATIONS
36
SECTION 13.6
UNFAIR COMPETITION
37
SECTION 13.7
RETURN OF MATERIALS
37
SECTION 13.8
OUR PURCHASE RIGHTS OF ITEMS BEARING INTELLECTUAL PROPERTY
37
SECTION 13.9
LIQUIDATED DAMAGES FOR PREMATURE TERMINATION
37
ARTICLE 14 -
YOUR INDEPENDENT COVENANTS
38
SECTION 14.1
DIVERSION OF BUSINESS; COMPETITION AND INTERFERENCE
WITH
US.
38
SECTION 14.2
INDEPENDENT COVENANTS; THIRD PARTY BENEFICIARIES
39
3
ARTICLE 15 -
INDEPENDENT CONTRACTOR AND INDEMNIFICATION
39
SECTION 15.1
INDEPENDENT STATUS
39
SECTION 15.2
INDEMNIFICATION
39
ARTICLE 16 -
REPRESENTATIONS AND WARRANTIES
40
SECTION 16.1
OUR REPRESENTATIONS
40
SECTION 16.2
YOUR REPRESENTATIONS
40
SECTION 16.3
RECEIPT OF FRANCHISE OFFERING CIRCULAR (FOC)
40
SECTION 16.4
RECEIPT OF COMPLETED FRANCHISE AGREEMENT
41
SECTION 16.5
ACKNOWLEDGMENT OF RISK
41
ARTICLE 17 -
TERM
41
SECTION 17.1
TERM
41
SECTION 17.2
OPTION TO OBTAIN SUCCESSOR LA BOXING FRANCHISE