Does the Burros Fries franchise agreement explicitly define 'You' as the franchisee?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
THIS FRANCHISE AGREEMENT ("Agreement") is made by and between Burros & Fries Franchise, Inc, a California corporation, hereinafter sometimes referred to as "Burros & Fries" or "Franchisor" and that party or parties described as the Franchisee in this Agreement and on the signature line, hereinafter known as "you" or "Franchisee." If the Franchisee is a corporation or limited liability company, partnership or other entity, certain provisions of this Agreement also apply to your shareholders, members, partners or owners. Any such entity may be referred to as an "Entity" and those who own the Entity may be referred to as "Owners." For ease of reference, Burros & Fries, Inc., will also be referred to as "we," "us" or "our" in this Agreement. The persons signing as Franchisee, Owners or Guarantors will also be referenced to herein individually as "you" or "yours" or collectively as "Franchisee."
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, the franchise agreement explicitly defines "you" or "Franchisee" as the party or parties described as the Franchisee in the agreement and on the signature line. If the franchisee is a corporation, limited liability company, partnership, or other entity, certain provisions of the agreement also apply to the shareholders, members, partners, or owners. Any such entity may be referred to as an "Entity" and those who own the Entity may be referred to as "Owners."
For ease of reference, Burros & Fries, Inc., will also be referred to as "we," "us" or "our" in this Agreement. The persons signing as Franchisee, Owners or Guarantors will also be referenced to herein individually as "you" or "yours" or collectively as "Franchisee."
This definition is important as it clarifies who is bound by the terms of the franchise agreement. It extends beyond just the individual franchisee to include any entity they may use to operate the franchise and the owners of that entity. This ensures that all parties involved are aware of their responsibilities and obligations under the agreement.