In the Technology Agreement, who are the two parties involved with Big O Tires?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
[SIGNATURES ON NEXT PAGE]
[SIGNATURE PAGE TO TECHNOLOGY AGREEMENT]
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
BIG O: Big O Tires, LLC, a Nevada limited liability company VP – Franchise Development
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to the 2025 Big O Tires Franchise Disclosure Document, the Technology Agreement is executed by two parties. These parties are Big O Tires, LLC, identified as a Nevada limited liability company, and the Franchisee. This agreement outlines the terms under which the Franchisee is authorized to utilize the Software System and services, in exchange for the Franchisee's commitment to fulfill the obligations detailed in the agreement.
Big O Tires' authorization allows the Franchisee to use the Approved Point-of-Sale Vendor and software system, Tekmetric, in their Big O Tires store. This authorization is contingent upon the Franchisee's adherence to the Software as a Service End User Agreement (SaaS User Agreement). The Technology Agreement is specifically designed to facilitate the acquisition of repository data, as outlined in Schedule A, which pertains to Shared Information.
This agreement ensures that Big O Tires and its franchisees are aligned in their use of technology, which is essential for data collection, customer relationship management, and overall operational efficiency. By entering into this agreement, the franchisee commits to using the specified software system and sharing necessary data, while Big O Tires commits to providing access to the software and utilizing the collected data to support the franchise network.