factual

What is the full name of the 'Franchisee' in the Amorino franchise agreement amendment?

Amorino Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisor has signed or intends to sign a franchise agreement with Franchisee (the "Franchise Agreement"), under which Franchisor grants to Franchisee certain rights with regard to the development and operation of an Amorino Store (all capitalized terms used but not defined herein shall have the meanings set forth in the Franchise Agreement). Before allowing Covenantor to have access to the Confidential Information (defined below), and as a material requirement necessary to protect Franchisor's proprietary rights in and Franchisee's right to use the Confidential Information, Franchisor and Franchisee require that Covenantor enter into this Agreement.

To induce Franchisor to enter into the Franchise Agreement and/or to avoid a material breach thereof, as the case may be, Franchisor, Franchisee and Covenantor desire that Covenantor enter into this Agreement. Furthermore, due to the nature of Franchisor's and Franchisee's business, any use or disclosure of the Confidential Information other than in accordance with this Agreement will cause Franchisor and Franchisee substantial harm.

Source: Item 22 — CONTRACTS (FDD pages 80–81)

What This Means (2025 FDD)

According to the 2025 Amorino FDD, the franchise agreement is established between the Franchisor and the Franchisee. Specifically, the document states that the Franchisor intends to sign a franchise agreement with the Franchisee, outlining the rights granted to the Franchisee regarding the development and operation of an Amorino store.

Furthermore, before allowing the Covenantor access to confidential information, both Franchisor and Franchisee require the Covenantor to enter into an agreement to protect the Franchisor's proprietary rights and the Franchisee's right to use confidential information. This highlights the importance of protecting sensitive business information within the Amorino franchise system.

To ensure the Franchisor enters into the Franchise Agreement, or to avoid any potential breach, the Franchisor, Franchisee, and Covenantor agree that the Covenantor will enter into this Agreement. The agreement emphasizes that any unauthorized use or disclosure of confidential information could cause substantial harm to both the Franchisor and the Franchisee. However, the FDD does not specify the full name of the 'Franchisee'.

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.