factual

Does the obligation to disclose improvements to Beverly Anns Cookie survive the termination, expiration, or transfer of the Beverly Anns Cookie Franchise Agreement?

Beverly_Anns_Cookie Franchise · 2025 FDD

Answer from 2025 FDD Document

If you conceive of or develop any Improvements, you agree to promptly and fully disclose the Improvements to us without disclosing the Improvements to others. You must obtain our approval before

using any such Improvements. Any Improvement we approve may be used by us and any third parties we authorize, without any obligation to pay you royalties or other fees. You must assign to all rights to any such Improvement, including the right to grant sublicenses, to us or our designee, without charge. In return, we will authorize you to use any Improvements we or other franchisees develop that we authorize for general use with the operation of a Franch

Source: Item 23 — RECEIPTS (FDD pages 57–235)

What This Means (2025 FDD)

According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, the obligation to disclose improvements survives the termination, expiration, or transfer of the Franchise Agreement. Franchisees are obligated to promptly and fully disclose any improvements they conceive or develop to Beverly Anns Cookie without disclosing them to others first.

Before using any such improvements, franchisees must obtain approval from Beverly Anns Cookie. If approved, Beverly Anns Cookie and any third parties they authorize can use the improvements without any obligation to pay royalties or other fees to the franchisee.

Furthermore, franchisees must assign all rights to any such improvement, including the right to grant sublicenses, to Beverly Anns Cookie or their designee without charge. In return, Beverly Anns Cookie will authorize the franchisee to use any improvements they or other franchisees develop that Beverly Anns Cookie authorizes for general use in the operation of a franchise.

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.