When a Regional Franchisor's contract is up for renewal Jim's Group will do so based on the below (extract from RF contract)
This Agreement may be renewed for a further term of 10 years upon the expiry of the Term provided that the Regional Franchisor:
(a) Is fully compliant with this agreement and the Manuals;
(b) Pays any government charges required by law;
(c) The National Franchisor will notify the Regional Franchisor in writing, not less than 6 months prior to the end of the Term, of its intention to enter into a renewal; and
(d) Renewal is approved by at least 60% of Franchisees in the Region, who respond to a referendum conducted by the National Franchisor