What is the section number in the Batteries Plus Bulbs Franchise Agreement that covers 'Definitions'?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
BATTERIES PLUS® FRANCHISE AGREEMENT
THIS FRANCHISE AGREEMENT ("Agreement") is made and entered into this day of , 20, between Batteries Plus, L.L.C., a Wisconsin limited liability company, with a principal place of business at 1325 Walnut Ridge Drive, Hartland, Wisconsin 53029 ("Franchisor"), and , a formed and operating under the laws of the State of, or, an individual, with a principal place of business at ("Franchisee").
INTRODUCTION
- A. Franchisor develops and owns a system (the "System") relating to the development and operation of retail stores selling batteries, light bulbs and related items, and offering device repair and key fob repair and replacement, and related services for the individual retail and commercial consumer.
- B. Franchisor is the owner of the Batteries Plus® trademark, and other trademarks and service marks (the "Licensed Marks") used in operating the System.
- C. Franchisor grants qualified persons the right to develop, own and operate a Batteries Plus® store at a specific location.
- D. Franchisee desires to obtain the right to develop and operate a Batteries Plus® store using the System at a specific location.
AGREEMENTS
In consideration of the mutual covenants and agreements stated below, the parties agree as follows:
1. DEFINITIONS
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Section 1 of the franchise agreement outlines the definitions used within the agreement. This section is crucial as it clarifies the specific meaning of terms used throughout the document, ensuring both Batteries Plus Bulbs and the franchisee have a shared understanding of their contractual obligations and rights.
For a prospective franchisee, understanding these definitions is paramount. Misinterpreting a defined term could lead to unintentional breaches of the agreement or misunderstandings about the scope of the franchise. For instance, the definition of "Confidential Information" specifies what information the franchisee must protect, while the "Designated Area" definition clarifies the geographic area in which the franchisee can operate.
Paying close attention to defined terms is a standard practice in franchising, as franchise agreements are legally binding documents. Franchisees should carefully review Section 1 and seek clarification from Batteries Plus Bulbs or a legal professional if any definition is unclear. This proactive approach can prevent disputes and ensure a smooth franchise operation.