Who are considered 'Parties' in the Bumper Man franchise agreement?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Certified Technician Addendum to Bumper Man Franchise Agreement ("Addendum") is effective as of, 20 (the "Effective Date") by and among Bumper Man, Inc. ("Franchisor"), and ("Franchisee"), ("Principal") and ("Certified Technician"). Franchisor, Franchisee, Principal and Certified Technician are collectively referred to as "Parties" in this Addendum. |
|---|
| 1. |
| INTRODUCTION. Franchisor and Franchisee are parties to the Bumper Man Franchise |
| Agreement dated, 20 (the "Franchise Agreement") pursuant to which Franchisee |
| operates |
| a |
| Bumper |
| Man |
| bumper |
| repair |
| business |
| at |
| ("Bumper Business"). |
| Franchisee has |
| requested Franchisor's consent to retain the services of a Certified Technician to perform |
| services within the Designated Area on, 20 ("Commencement Date") to maximize |
| the number of customers serviced by the Bumper Business. |
| 2. |
| DEFINITIONS. |
| All capitalized terms used herein but not defined shall have the |
| meaning given to such terms in the Franchise Agreement. |
| 3. |
| CONDITIONS FOR APPROVAL. Franchisor will grant the limited right to Certified |
| Technician to perform the services in the Designated Area during the Term of the Franchise |
| Agreement (unless terminated in accordance with Section 18), as further set forth in Section 4 of |
| this Addendum, subject to Franchisee's and Certified Technician's satisfaction of the conditions |
| set forth in this Section 3 prior to or concurrently with the proposed Commencement Date: |
| (a) |
| Franchisee and its Principals have paid all Continuing Service Fees and all other amounts |
| owed to Franchisor and its Affiliates, submitted all required Reports and other statements |
| and data and otherwise are in full compliance with this Agreement as of the date of |
| Franchisee's |
| request |
| for |
| approval |
| of |
| the |
| Certified |
| Technician |
| and |
| as |
| of |
| the |
| Commencement Date. |
| (b) |
| The proposed Certified Technician: (1) has sufficient business experience, aptitude, |
| assets and financial resources to operate the Bumper Business; (2) meets Franchisor's |
| then-applicable standards for Bumper Business franchisees set forth in the Manual; (3) |
| and each of the Persons holding a direct or indirect Equity Interest in Certified |
| Technician (if Certified Technician is an Entity) is not engaged and will not engage in the |
| operation or ownership of a business offering bumper repair services or any competitor of |
| Bumper Man, and will engage only in the operation of the Bumper Business; and (4) will |
| cooperate with reasonable due diligence requests made by Franchisor promptly thereafter |
| and if additional time is reasonably needed, then prior to the proposed Commencement |
| Date. |
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the parties to the Certified Technician Addendum to the Bumper Man Franchise Agreement are the Franchisor (Bumper Man, Inc.), the Franchisee, the Principal, and the Certified Technician. These entities are collectively referred to as "Parties" within the context of this addendum.
This definition is important because the Certified Technician Addendum outlines specific conditions and obligations for each of these parties. For example, the franchisee must be current on all fees and reports, and the certified technician must meet certain qualifications and not be involved in any competitive businesses. These conditions must be met before the franchisor grants the certified technician the right to perform services within the designated area.
It is important to note that this definition of "Parties" applies specifically to the Certified Technician Addendum. The Franchise Agreement itself is primarily between Bumper Man, Inc. as the Franchisor, and the Franchisee. Understanding the different roles and responsibilities of each party is crucial for ensuring compliance and a successful franchise operation.