What is the document called that outlines the agreement between Bumper Man, the franchisee, the principal, and the certified technician?
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. |
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the agreement between Bumper Man, the franchisee, the principal, and the certified technician is called the "Certified Technician Addendum to Bumper Man Franchise Agreement" or simply the "Addendum". This document outlines the terms and conditions under which a franchisee can retain a certified technician to perform services within their designated area.
The Addendum is effective as of a specific date and involves Bumper Man Inc. as the Franchisor, the Franchisee, the Principal, and the Certified Technician, all collectively referred to as "Parties". The Addendum allows the franchisee to maximize the number of customers serviced by their Bumper Business by utilizing a certified technician. The franchisor grants the certified technician the right to perform services in the designated area during the term of the Franchise Agreement, subject to certain conditions being met by both the franchisee and the certified technician.
Several conditions must be satisfied before the certified technician can commence services. The franchisee must be in full compliance with the Franchise Agreement, including payment of all fees and submission of required reports. The proposed certified technician must meet Bumper Man's standards for franchisees, have sufficient business experience and financial resources, and not be involved in any competing businesses. The principal of the certified technician also provides a personal guarantee to Bumper Man, ensuring the technician's compliance with the agreement.
The Certified Technician Addendum has a term of two years, but can be renewed for two consecutive two-year terms if the Certified Technician meets certain conditions. The Addendum terminates immediately upon the expiration, termination, or transfer of the Franchise Agreement. The Certified Technician also has an option to purchase a Bumper Man franchise for a new, available Designated Area if they meet certain criteria.