What entities are considered parties to the Camp Margaritaville Technology Agreement?

According to the 2025 Camp Margaritaville FDD, the parties to the Camp Margaritaville Technology Agreement are Margaritaville Enterprises, LLC ("MVE") and the Customer. The Customer is the franchisee. Both MVE and the franchisee are referred to as a "Party" and collectively as the "Parties" within the agreement. The agreement includes all attachments, annexes, exhibits and schedules, including order documents, and all other documents expressly incorporated herein or therein by reference.

This agreement is crucial because it outlines the technological framework under which the Camp Margaritaville resort will operate. It ensures that both the franchisor and franchisee are aligned on the technology standards and systems to be used. This alignment is essential for maintaining brand consistency and operational efficiency across all Camp Margaritaville locations.

For a prospective franchisee, understanding the Technology Agreement is vital. It dictates which technology systems they must adopt, potentially limiting their choice of vendors. However, it also ensures they have access to necessary technology and support to run the resort effectively. Franchisees should carefully review this agreement to understand their obligations and the costs associated with implementing and maintaining the required technology.