Does the B Bops indemnification extend to the Company's agents?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon termination of this Agreement for any reason whatsoever by either party hereto, or upon Company's determination not to grant the Rights to Applicant, the rights of Applicant shall be limited solely to the return of the Deposit, or a portion thereof, as provided in Section 7 hereof. Applicant hereby waives any and all rights to any damages and/or reimbursement from Company or any affiliate, director, officer, employee or agent thereof for expenses or costs incurred by Applicant in investigating the feasibility of purchasing the Rights. Applicant hereby acknowledges that any such costs or expenses are the sole obligation and responsibility of Applicant and that Company and its affiliates, directors, officers, employees and agents shall have no liability whatsoever with respect to such costs or expenses.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
Based on the 2025 B Bops Franchise Disclosure Document, the indemnification extends to the Company's agents. Specifically, if an applicant is investigating the feasibility of purchasing rights to a B Bops franchise and the company decides not to grant those rights, the applicant waives any right to damages or reimbursement from B Bops, its affiliates, directors, officers, employees, or agents.
This means that the applicant cannot seek compensation from B Bops or any of the listed parties for expenses incurred during their investigation. The FDD clarifies that these costs and expenses are the sole responsibility of the applicant, and B Bops and its associated parties have no liability regarding these costs.
This clause protects B Bops and its agents from potential claims related to expenses incurred by franchise applicants during the investigation phase, should the applicant not be awarded the rights to the franchise. Prospective franchisees should carefully consider this provision and factor in the potential for unrecoverable expenses when evaluating the B Bops franchise opportunity.