Does the trademark license agreement between Lynx IP and Bumble Roofing contain any limitations other than those described?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
Lynx IP has granted us the perpetual right to use and sublicense others to use the principal Marks, as well as other Marks under a trademark license agreement with an effective date of August 4, 2023. Lynx IP may terminate the trademark agreement if any misuse of these Marks materially impairs the goodwill associated with these Marks, if we violate any provision of the license agreement or we do not comply with Lynx IP's instruction concerning the quality of these Marks. If the trademark agreement is terminated, any then-existing sublicenses (franchises) will continue for the term of the sublicenses, provided that the sublicensees (franchisees) comply with all other terms of their franchise agreements. The trademark license agreement contains no other limitations.
Source: Item 13 — TRADEMARKS (FDD pages 39–40)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the trademark license agreement between Lynx IP and Bumble Roofing contains no limitations other than those specifically outlined in the document. Lynx IP granted Bumble Roofing the perpetual right to use and sublicense its principal marks through a trademark license agreement effective August 4, 2023.
However, Lynx IP retains the right to terminate the trademark agreement under certain conditions. These conditions include misuse of the marks that materially impairs the associated goodwill, any violation of the license agreement's provisions, or failure to comply with Lynx IP's instructions regarding the quality of the marks. Despite these potential termination triggers, the FDD states that if the trademark agreement is terminated, any existing sublicenses (franchises) will continue for the term of the sublicenses, provided the franchisees comply with all other terms of their franchise agreements.
Bumble Roofing franchisees must adhere to specific rules when using the marks, including obtaining prior written approval for their company name before filing any registration documents. Franchisees must also indicate they are independent operators, as specified in the Franchise Agreement and Operations Manual. The Operations Manual contains guidelines regarding proper trademark use, which Bumble Roofing may update periodically. Franchisees are prohibited from using the marks with unauthorized products or services or in any manner not explicitly authorized in writing by Bumble Roofing.
Prospective franchisees should carefully review the full trademark license agreement to understand all rights, restrictions, and obligations related to the use of Bumble Roofing's trademarks. Understanding these terms is crucial for maintaining compliance and protecting the brand's integrity.