For Bumble Roofing, who does the Aggregate Reporting Addendum apply to, in addition to the parties involved?

According to the 2025 Bumble Roofing Franchise Disclosure Document, the Aggregate Reporting Addendum is binding upon, and applies to, each party (Franchisor and Franchisee) and their respective successors and assigns. This means that if either the franchisor or the franchisee transfers their rights or obligations under the Franchise Agreement to another party, such as through a sale of the business or a merger, the terms of the Aggregate Reporting Addendum will continue to apply to the new parties involved.

This provision ensures that the agreement remains effective even if the ownership or management of either the franchise or the franchisor changes. For a prospective Bumble Roofing franchisee, this clause provides assurance that the terms of the addendum will remain in effect should Bumble Roofing be acquired or undergo a significant corporate restructuring. Similarly, if the franchisee sells their franchise, the new owner will also be bound by the Aggregate Reporting Addendum.

It is important for franchisees to understand the implications of this clause, particularly in the context of potential future business transactions. Franchisees should seek legal counsel to fully understand their rights and obligations under the Aggregate Reporting Addendum and how it may affect their ability to sell or transfer their franchise in the future. This ensures clarity and protects the interests of all parties involved throughout the duration of the franchise agreement and any subsequent transfers or assignments.