What is the definition of 'Affiliate' in the Bumper Man Franchise Agreement?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
(a) "Affiliate" means, with respect to a named Person, any Person that is controlled by, Controlling or under common Control with the named Person.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the term 'Affiliate' is specifically defined within the franchise agreement. The definition is important because it clarifies the relationships between different entities that could be related to the franchisor or franchisee, and it has implications for various aspects of the franchise agreement, such as compliance and potential conflicts of interest.
Specifically, the Bumper Man franchise agreement defines an 'Affiliate' as any person or entity that controls, is controlled by, or is under common control with a named person. This definition is crucial for determining the scope of various obligations and restrictions within the franchise agreement. For instance, if a franchisee has an affiliate, the actions of that affiliate could potentially impact the franchisee's compliance with the agreement.
This definition is fairly standard in franchise agreements. It ensures that the franchisor can address situations where a franchisee might try to circumvent the agreement by operating through a related entity. Prospective Bumper Man franchisees should understand this definition and how it applies to their own business structure and any related entities they may have.