Does the Apricot Lane franchise agreement define 'Associate' to include the Associate's partners?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) "Associate" shall mean the individual or entity described in the first paragraph of this Agreement and the Associate's managers, officers, beneficial owners, directors, employees, shareholders, partners, members, principals, immediate family members and domestic partners.
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane FDD, the definition of "Associate" is broad and explicitly includes the Associate's partners. This definition extends beyond just the individual or entity signing the agreement.
The definition encompasses a wide range of individuals and entities connected to the Associate, including managers, officers, beneficial owners, directors, employees, shareholders, members, principals, immediate family members, and domestic partners. This comprehensive definition is important because it extends the obligations and restrictions outlined in the agreement to all these related parties.
For a prospective Apricot Lane franchisee, this means that not only are they bound by the terms of the agreement, but so are their partners and other affiliated individuals. This is particularly relevant regarding confidentiality, non-competition, and other restrictive covenants. Franchisees need to ensure that all individuals falling under this definition are aware of and comply with the terms of the franchise agreement to avoid potential breaches and liabilities.