What is the definition of 'Franchise Agreement' in the context of the Bumper Man Certified Technician Addendum?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Inc., 1432 Airport Blvd, Mesquite, TX, 75181. Capitalized terms not defined in this Exhibit E have the meanings set forth in the Agreement.
Garage Liability Insurance
Garage Liability Insurance policy with a minimum each occurrence policy limit of $1,000,000.
Garage Keepers Insurance
Garage Keepers Insurance policy with a required limit per vehicle of $50,000.
Commercial Vehicle Insurance
Commercial Vehicle Insurance policy with a combined single policy limit of $500,000.
EXHIBIT F TO FRANCHISE AGREEMENT CERTIFIED TECHNICIAN ADDENDUM
CERTIFIED TECHNICIAN ADDENDUM TO BUMPER MAN FRANCHISE AGREEMENT
| 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.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the Certified Technician Addendum refers to the 'Franchise Agreement' as the agreement dated sometime in 20XX between the Franchisor and Franchisee, under which the Franchisee operates a Bumper Man bumper repair business. The addendum allows a franchisee to retain a certified technician to maximize the number of customers serviced.
Capitalized terms within the addendum, if not specifically defined in the addendum itself, carry the same meaning as defined in the original Franchise Agreement. This ensures consistency in interpreting the obligations and rights of all parties involved. The Certified Technician is subject to the obligations outlined in the Franchise Agreement, including those related to representations, warranties, covenants, insurance, restrictive covenants, and indemnification.
The Franchisee remains responsible for the Certified Technician's performance and any breaches of the Franchise Agreement or Addendum. The Franchisee must directly supervise the Certified Technician's work. This highlights that the Franchisee bears the ultimate responsibility for ensuring that the Bumper Man business operates in accordance with the standards set forth in the Franchise Agreement, even when utilizing a Certified Technician.