Common use of Existing Franchises Clause in Contracts

Existing Franchises. Notwithstanding anything in Sections 4.4, 4.5, 4.6 or 4.7, the Executive shall not be prohibited from operating in their normal course any business owned and operated by the Executive under franchise agreements with the Company or any of its Affiliates or under other agreement with the Company or its Affiliates in effect as of the date of this Employment Agreement or as expressly hereafter authorized by the Company’s board of directors.

Existing Franchises. Notwithstanding anything in Sections 4.42, 4.53, 4.6 4 or 4.75, the Executive shall not be prohibited from operating in their normal course any business owned and operated by the Executive under franchise agreements with the Company or any of its Affiliates or under other agreement with the Company or its Affiliates in effect as of the date of this Employment Agreement or as expressly hereafter authorized by the Company’s board of directors.