In the Burros Fries franchise agreement, what pronouns are used to refer to 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 pronouns "you" and "yours" are used to refer to the franchisee in the franchise agreement. Additionally, the term "Franchisee" is also used. If the franchisee is a corporation, limited liability company, partnership, or other entity, the terms "Entity" and "Owners" may be used to refer to the franchisee's shareholders, members, partners, or owners. Burros Fries refers to itself as "we," "us," or "our."
This is a fairly standard practice in franchise agreements, as it clearly defines the parties involved and their respective roles. Using "you" and "yours" creates a direct and personal connection in the legal document, while "Franchisee" provides a formal designation. The inclusion of terms for different business structures (Entity, Owners) ensures the agreement can apply to a variety of franchisee situations.
Prospective Burros Fries franchisees should pay close attention to how these terms are used throughout the franchise agreement, as they define the franchisee's rights, responsibilities, and obligations. Understanding these definitions is crucial for interpreting the agreement accurately and ensuring compliance with its terms.