Common use of Default and Notice Clause in Contracts

Default and Notice. (a) In the event there is a default or violation by Lessee under the terms of the Lease Agreement, Lessor shall give Lessee and Franchisor written notice of the default or violation within ten (10) days after Lessor receives knowledge of its occurrence. If Lessor gives Lessee a default notice, Lessor shall contemporaneously give Franchisor a copy of the notice. Franchisor shall have the right, but not the obligation, to cure the default. Franchisor will notify Lessor whether it intends to cure the default and take an automatic assignment of Lessee’s interest as provided in Paragraph 4(a). Franchisor will have an additional fifteen (15) days from the expiration of Lessee’s cure period in which it may exercise the option to cure, but is not obligated to cure the default or violation. (b) All notices to Franchisor shall be sent by registered or certified mail, postage prepaid, to the following address: The Joint Corp. 10000 X. Xxxxxxxxx Xx., Xxxxx 000 Xxxxxxxxxx, XX 00000 Attention: Cxxx Xxxxxx E-mail: cxxxxxx@xxxxxxxx.xxx Franchisor may change its address for receiving notices by giving Lessor written notice of the new address. Lessor agrees that it will notify both Lessee and Franchisor of any change in Lessor’s mailing address to which notices should be sent. (c) Following Franchisor’s approval of the Lease Agreement, Lessee agrees not to terminate, or in any way alter or amend the same during the Initial Term of the Franchise Agreement or any Interim Period thereof without Franchisor’s prior written consent, and any attempted termination, alteration or amendment shall be null and void and have no effect as to Franchisor’s interests thereunder; and a clause to the effect shall be included in the Lease. The Joint…The Chiropractic Place™ Exhibit 3 – Addendum to Lease Agreement

Default and Notice. (a) In the event there is a default or violation by Lessee under the terms of the Lease Agreement, Lessor shall give Lessee and Franchisor written notice of the default or violation within ten (10) days after Lessor receives knowledge of its occurrence. If Lessor gives Lessee a default notice, Lessor shall contemporaneously give Franchisor a copy Franchisox x xxpy of the notice. Franchisor shall have the right, but not the obligation, to cure the default. Franchisor will notify Lessor whether it intends to cure the default and take an automatic assignment of Lessee’s interest as provided in Paragraph 4(a4(x). Franchisor Xxanchisor will have an additional fifteen (15) days from the expiration of Lessee’s cure period in which it may exercise the option xxx xption to cure, but is not obligated to cure the default or violation. (b) All notices to Franchisor shall be sent by registered or certified mail, postage prepaid, to the following address: The Joint Corp. 10000 X. Xxxxxxxxx Xx.Attention: Eric Simon, Xxxxx 000 XxxxxxxxxxVP of Franchise Sales and Developxxxx 00007 N. Perimeter Dr., Suite 240 Scottsdale, XX 00000 AttentionXxxxxxxxx: Cxxx Xxxxxx Xxxxxxxx Xanagement E-mail: cxxxxxx@xxxxxxxx.xxx eric.simon@thejoint.com Franchisor may change its address for receiving changx xxx xxxxxxx xxx xxxxxving notices by giving Lessor written notice of the new address. Lessor agrees Lesxxx xxrees that it will notify both Lessee and Franchisor xxx Xranchisor of any change in Lessor’s mailing Lessor’x xxxling address to which notices should be shoxxx xx sent. (c) Following Franchisor’s approval of the Lease Agreement, Lessee agrees Xxxxxx xxrees not to terminate, or in any way alter xxxxx or amend the same during the Initial Term of the Franchise Agreement or any Interim Period thereof without Franchisor’s prior written consent, and any attempted termination, alteration or amendment shall be null and void and have no effect as to Franchisor’s interests thereunder; and a clause to the effect shall be included in the Lease. The Joint…The Chiropractic Place™ Exhibit 3 – Addendum to Lease Agreement.

Default and Notice. (a) In the event there is a default or violation by Lessee under the terms of the Lease Agreement, Lessor shall give Lessee and Franchisor written notice of the default or violation within ten (10) days after Lessor receives knowledge of its occurrence. If Lessor gives Lessee a default notice, Lessor shall contemporaneously give Franchisor a copy Franchisox x xxpy of the notice. Franchisor shall have the right, but not the obligation, to cure the default. Franchisor will notify Lessor whether it intends to cure the default and take an automatic assignment of Lessee’s interest as provided in Paragraph 4(a4(x). Franchisor Xxanchisor will have an additional fifteen (15) days from the expiration of Lessee’s cure period in which it may exercise the option xxx xption to cure, but is not obligated to cure the default or violation. (b) All notices to Franchisor shall be sent by registered or certified mail, postage prepaid, to the following address: The Joint Corp. 10000 X. Xxxxxxxxx Xx.Attention: Eric Simon, Xxxxx 000 XxxxxxxxxxVP of Franchise Sales and Developxxxx 00007 N. Perimeter Dr., Suite 240 Scottsdale, XX 00000 AttentionXxxxxxxxx: Cxxx Xxxxxx EXxxxxxxx Xxxxxxxxxx X-mailxxxx: cxxxxxx@xxxxxxxx.xxx xxxc.simon@thejoint.com Franchisor may change its address for receiving changx xxx xxxxxxx xxx xxxxxving notices by giving Lessor written notice of the new address. Lessor agrees Lesxxx xxrees that it will notify both Lessee and Franchisor xxx Xranchisor of any change in Lessor’s mailing Lessor’x xxxling address to which notices should be shoxxx xx sent. (c) Following Franchisor’s approval of the Lease Agreement, Lessee agrees Xxxxxx xxrees not to terminate, or in any way alter xxxxx or amend the same during the Initial Term of the Franchise Agreement or any Interim Period thereof without Franchisor’s prior written consent, and any attempted termination, alteration or amendment shall be null and void and have no effect as to Franchisor’s interests thereunder; and a clause to the effect shall be included in the Lease. The Joint…The Chiropractic Place™ Exhibit 3 – Addendum to Lease Agreement.