Which exhibit contains the License Agreement between the franchisor and Margaritaville Enterprises for Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Margaritaville Enterprises granted us the rights to use and sublicense the Camp Margaritaville Intellectual Property under a trademark license agreement dated January 14, 2019 ("Trademark License Agreement"). The Trademark License Agreement has a term concurrent with the termination or expiration of the last sub-license or franchise agreement to a developer/operator of a Camp Margaritaville Resort. So long as the term of any such sub-license or franchise agreement is in effect, the Trademark License Agreement may not be terminated and a party's remedy for breach shall be limited to monetary damages and equitable remedies (excluding termination).
Source: Item 22 — CONTRACTS (FDD pages 71–72)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, the Trademark License Agreement, which grants Margaritaville RV Resorts, LLC the rights to use and sublicense the Camp Margaritaville Intellectual Property, is dated January 14, 2019. This agreement is between Margaritaville Enterprises and Margaritaville RV Resorts, LLC.
The FDD states that the Trademark License Agreement's term runs concurrently with the termination or expiration of the last sub-license or franchise agreement to a developer/operator of a Camp Margaritaville Resort. The agreement cannot be terminated as long as any such sub-license or franchise agreement is in effect, and any remedy for breach is limited to monetary damages and equitable remedies, excluding termination.
The Trademark License Agreement itself is not included as an exhibit to the franchise agreement. A prospective franchisee should request a copy of this agreement from the franchisor to fully understand the terms and conditions under which Camp Margaritaville licenses its intellectual property.