factual

What must an All Team franchisee do with any assumed name registrations containing the marks upon termination?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

FRANCHISEE shall cancel any assumed name registration or equivalent registration obtained by FRANCHISEE which contains the Marks and FRANCHISEE shall furnish ATFC with evidence satisfactory to ATFC of compliance with this obligation within 5 days of the termination, expiration or Transfer.

Source: Item 22 — CONTRACTS (FDD pages 33–34)

What This Means (2025 FDD)

According to the 2025 All Team Franchise Disclosure Document, a franchisee must cancel any assumed name registrations or equivalent registrations that contain All Team's marks upon termination, expiration, or transfer of the franchise agreement. The franchisee is required to provide All Team with evidence of compliance with this obligation within 5 days of the termination, expiration, or transfer. This ensures that the franchisee no longer uses All Team's brand name or trademarks after the agreement ends.

This requirement is important for protecting All Team's brand identity and preventing confusion in the marketplace. By ensuring that franchisees cancel any assumed name registrations containing the marks, All Team maintains control over its brand and prevents former franchisees from operating under a similar name. This helps to avoid potential customer confusion and protects the goodwill associated with the All Team brand.

In the franchise industry, it is common practice for franchisors to require franchisees to discontinue using their trademarks and trade names upon termination of the franchise agreement. This provision in the All Team franchise agreement aligns with standard industry practices and is designed to protect the franchisor's intellectual property rights. The short 5-day window to provide evidence of compliance underscores the importance All Team places on quickly removing its brand from any association with the former franchisee.

Failure to comply with this requirement could result in legal action by All Team to enforce the terms of the franchise agreement and protect its trademarks. Therefore, it is crucial for prospective franchisees to understand and adhere to this obligation if they decide to terminate or transfer their All Team franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.