Common use of Exclusivity Arrangements Clause in Contracts

Exclusivity Arrangements. Except as set forth in Section 3.25(c) of the Company Disclosure Letter, no franchisee of the Company has a protected territory, exclusive territory, covenant not to compete, right of first refusal, option to acquire additional territories or other similar arrangement with the Company or any of its affiliates which in any case would be material to the Company and its Subsidiaries, taken as a whole (collectively, the “Territorial Rights”), pursuant to which the Company is restricted in any way in its right to own or operate, or license others to own or operate, any business or line of business. Except as set forth in Section 3.25(c) of the Company Disclosure Letter, no Franchisee’s Territorial Rights conflict with the Territorial Rights of any other Franchisee.