In the event of a termination of the Agreement, the Franchisor shall have the right, but not the obligation, to continue to operate the totality or part of the lW·Stores on the Territory In its own name and on I s own account. To this purpose, it submits to the Franchisee (respectively to the Individual SUb-Franchisees) a corresponding proposal for the take-over of the store equipment respectively of the lease agreements for the respective tocattcns. The take-over price shall be equal to 20 % of the last annual turnover on purchase wIthout VAT or additional fees or levies for the corresponding lW-Store,