Who is identified as "we/us" in the Afuri Ramen Dumpling Franchise Disclosure Document?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
listings; websites, website addresses, and domain names media content and accounts will deliver it to interested third parties, between us and you dated corporation ("we/us"), you assign to us all business telephone numbers; business telephone and internet related to our brand or the franchise; social related our brand or the franchise; and business email addresses you use in the operation of the franchise. The foregoing sentence does not grant you rights beyond those expressly granted by the franchise agreement or our franchise operations manual. We will hold this assignment, and only upon expiration or termination of the Franchise Agreement DATED this _ day of , 20 ("we/us"): AFURI FRANCHISE INC. (jointly and severally "you"): Print Name: Print Name: Name of Corporation/LLC/Partnership:
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the term "we/us" refers to Afuri Franchise Inc. This is clarified within the context of a conditional assignment agreement, where the franchisee assigns certain business assets to the franchisor.
This assignment becomes relevant upon the expiration or termination of the Franchise Agreement. The assets include business telephone numbers, website addresses, domain names, social media content and accounts related to the Afuri brand, and business email addresses used in the operation of the franchise.
This clause ensures that Afuri Franchise Inc. maintains control over its brand identity and customer communication channels, even after a franchise ceases operation. For a prospective franchisee, this means understanding that certain digital assets and communication channels developed during the franchise term will revert to the franchisor upon termination or expiration of the agreement.