factual

Does section 24.3 of the Beggars Pizza agreement confer rights to any third-party legal entity?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 24.3 No Rights or Remedies Conferred. Except as expressly provided to the contrary herein, nothing in the Agreement is intended, nor will be deemed, to confer upon any person or legal entity other than Franchisee, Franchisor, Franchisor's officers, directors, shareholders, agents, and employees, and such of Franchisor's successors and assigns as may be contemplated by Section 14, any rights or remedies under or by reason of the Agreement.

Source: Item 22 — CONTRACTS (FDD page 39)

What This Means (2025 FDD)

According to the 2025 Beggars Pizza Franchise Disclosure Document, section 24.3 of the franchise agreement clarifies that the agreement does not grant rights or remedies to any third-party legal entity. The only parties who have rights under the agreement are the franchisee, Beggars Pizza (the franchisor), the franchisor's officers, directors, shareholders, agents, and employees, as well as any of the franchisor's successors and assigns as outlined in Section 14 of the agreement.

This provision ensures that only the parties directly involved in the franchise agreement can enforce its terms or seek remedies for any breaches. It prevents other individuals or entities from claiming rights or benefits under the agreement.

For a prospective Beggars Pizza franchisee, this means that the franchise agreement is a contract strictly between them and Beggars Pizza. No other party can interfere with or claim rights under the agreement, unless explicitly stated otherwise within the agreement itself. This clause helps to maintain clarity and avoid potential disputes with third parties who might otherwise try to assert claims related to the franchise agreement.

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.