lease option agreement provides that plaintiff has 30 days after defendants receive notice of termination of the franchise agreement to elect to enter into a new lease with defendants. Id. ¶ 2. Defendants then agreed that they would execute a new lease with plaintiff in the form attached to the lease option agreement and surrender possession of the premises to plaintiff. Id. It is undisputed that plaintiff gave defendants the requisite notice of election under the lease option agreement on October 7, 1997, within 30 days following not hise Guide (CCH) ¶ 11,374 (N.D.N.Y. March 31, 1998) (ordering specific performance of lease option agreement after termination of franchise); Rita’s Water Ice Franchise Corp. v. DBI Invest. Corp., Bus. Franchise Guide (CCH) ¶ 10,918 (E.D.Pa. Apr. 9, 1996) (<HOLDING>). E. Plaintiffs request for reasonable
holding that franchisor not only has valid interest in protecting good will it has developed but it also has an interest in being able to place a new franchisee at or near the same location where its goodwill has been created holding that a restrictive covenant will be upheld where a franchisor has a protectable interest in the sale of his franchise holding that restrictive covenants in franchise agreements are enforceable to protect the basic product which the franchisor has to sell namely the franchise itself   holding that the kcc has the power to deny a certificate of convenience and necessity regardless of whether the city has granted a franchise holding that franchisor has an interest in the goodwill its franchise has created