Under state franchise laws car companies must show good cause to terminate a dealer's franchise agreement.
PLC, which already has a franchise agreement with Tata Group's Star Bazaar stores, welcomed the news.
Lord Hunt said the shortage of drivers was "ample evidence" that the government should intervene in the franchise agreement.
Southeastern said the Department of Transport (DOT) formally offered the continuation after it met the performance criteria set out in the franchise agreement.
Disclosure documents also include a system's franchise agreement, which is an overview of the requirements of the relationship between the franchiser and franchisee.
Wiederhorn points out that his past malfeasances are spelled out in the franchise agreement so no one can say he didn't know what he was getting into.
At Smithtown's first public hearing on Sept. 26, more than 75 people flooded the town's tiny boardroom with election night fervor to comment on the 30-page franchise agreement.
National Express indicated that it would walk away from the loss-making route, and not put further money into it, after failing to alter the terms of its franchise agreement.
If franchisees refuse to participate when price promotions are mandatory as per their franchise agreement, they could lose their franchise or risk being sued by the franchisor for breach of contract, says Zarco.
But we know he signed an agreement with an NFL franchise that subjected itself, and obligated its players to abide by certain areas of discretion reserved for the Commissioner of the NFL. The interesting question is how far and wide is that discretion.
Of course, the above assumes there is a new collective bargaining agreement (CBA), a Franchise tag again with a new CBA ( which the Colts are certainly banking on with Peyton Manning) and that Kolb is still an Eagle, as there will likely be a market for his services.
The group said it looked forward to an agreement being reached on the West Coast rail franchise.
Victims get no representation due to the agreement they were forced to sign to own a franchise.
The 2011 collective bargaining agreement now allows a team to keep a player under its franchise tag based on the average of the last five years of the top players at that position, not just the last year average.
My sense, however, is that Bill Polian must know one thing about whatever new agreement is forged: that there will continue to be a Franchise player designation.
The agreement signed last year was part of a sponsorship renewal for the Bobcats franchise.
For a long time. sports franchise owners have been mocked by the press for pleading poverty every time a collective bargaining agreement with their players comes up.
FORBES: Today's Sports Owners: It's Not About Winning, It's About Business
Keeping control in his family will be difficult, though according to a 1999 partnership agreement, his wife, Carol, will become the chief executive of the franchise upon his death.
"We are happy to announce that we have entered into a binding agreement with the Maloofs to purchase a controlling interest in the Sacramento Kings NBA franchise, " Hansen said in a statement.
Not to mention that also at stake is how the prospect of billions of dollars would be divvied up and that with each passing day without an agreement the calendar moves closer to mid-July, which some league and franchise officials believe is the time that preseason games would be begin to be canceled.
However, BBC transport correspondent Tom Symonds said it was generally accepted that the franchise would return to the government at some point after National Express failed to alter the terms of its agreement.
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