Does Bigfoot Forestry specify the form of license agreement for proprietary technology?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
We and/or our affiliate may develop proprietary Technology Systems (or components thereof) that become part of our System.
If this occurs, you agree to: (i) pay us (or our affiliate) commercially reasonable licensing, support and maintenance fees; and (ii) upon request, sign our prescribed form of license agreement governing use of proprietary Technology Systems (or components thereof).
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, if Bigfoot Forestry or its affiliate develops proprietary technology systems, franchisees must, upon request, sign Bigfoot Forestry's prescribed form of license agreement governing the use of these systems or their components. This agreement is a standard part of the franchise relationship when proprietary technology is involved.
This means that as a Bigfoot Forestry franchisee, you may be required to enter into a specific license agreement if the company develops proprietary technology that is part of the Bigfoot Forestry system. The agreement will dictate the terms and conditions under which you can use that technology. It is important to understand that this is in addition to the standard franchise agreement and covers specific aspects of technology usage within your franchise.
Prospective franchisees should carefully review the standard form of license agreement to understand their rights and obligations regarding the use of Bigfoot Forestry's proprietary technology. This includes understanding the scope of the license, any restrictions on use, and the fees associated with the technology. It is also important to clarify what happens to the licensed technology upon termination or expiration of the franchise agreement.