What kind of documentation is a Bambu franchisee required to execute to assign intellectual property?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall assign, or cause its owner, officer or employee to assign, all proprietary rights, including copyrights, in these works to Bambu without additional consideration.
Franchisee hereby assigns and will execute (or will cause its owner, officer or employee to assign and execute) such additional assignments or documentation to effectuate the assignment of all intellectual property, inventions, drink and food item preparation information, recipes, copyrights, trademarks and trade secrets developed in part or in whole in relation to the shoppe, during the term of this Agreement, as Bambu may deem necessary in order to enable it, at its expense, to apply for, prosecute and obtain copyrights, patents, trademarks or other proprietary rights in the United States and in foreign countries or in order to transfer to Bambu all right, title, and interest in said property.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a franchisee must assign all proprietary rights, including copyrights, to Bambu without additional compensation for any approved changes or improvements made to the Bambu system or marks. This includes ensuring that the franchisee, its owners, officers, or employees execute additional assignments or documentation.
Specifically, these documents effectuate the assignment of all intellectual property, inventions, drink and food item preparation information, recipes, copyrights, trademarks, and trade secrets. This applies to anything developed in relation to the shoppe during the term of the Franchise Agreement, as Bambu deems necessary.
The purpose of these assignments and documentation is to enable Bambu, at its own expense, to apply for, prosecute, and obtain copyrights, patents, trademarks, or other proprietary rights in the United States and foreign countries. It also ensures the transfer of all right, title, and interest in said property to Bambu.