What is the name of the licensor in the Aerus Software License Agreement?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT II
FORM OF SOFTWARE LICENSE AGREEMENT
THIS SOFTWARE LICENSE AGREEMENT(this "Software License"), is being entered into simultaneously with that certain Franchise Agreement (the "Franchise Agreement") dated of even date herewith (the "Effective Date") by and between Aerus Franchising, LLC, a Delaware limited liability company, having offices at 14841 Dallas Parkway, Suite 500, Dallas, Texas 75254 ("Licensor") and the individual or entity executing this Agreement as Licensee ("Licensee"). All capitalized terms used herein that are not otherwise defined have the meanings assigned to such terms in the Franchise Agreement.
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the licensor in the Software License Agreement is Aerus Franchising, LLC, a Delaware limited liability company. The document specifies that the Software License Agreement is entered into by and between Aerus Franchising, LLC, and the individual or entity executing the agreement as the Licensee. The agreement outlines the terms and conditions under which Aerus grants the Licensee the right to use the specified software.
This means that as a franchisee, you are granted a license to use Aerus's proprietary software to operate your franchise. The Software License Agreement is made between you (the Licensee) and Aerus Franchising, LLC (the Licensor). The agreement also states that capitalized terms used within the Software License Agreement, but not specifically defined in that agreement, will have the same meanings as defined in the overarching Franchise Agreement.
As a franchisee, it is important to understand the terms of the Software License Agreement, as it dictates how you can use the software, what responsibilities you have regarding its use, and what restrictions are placed upon you. The agreement also states that Aerus may secure the software from its affiliates or other third-party licensors. You should review this agreement carefully with your legal advisors to fully understand your rights and obligations.