factual

Under the Star University License Agreement, who is considered the Licensor for a Carls franchise?

Carls Franchise · 2024 FDD

Answer from 2024 FDD Document

THIS STAR UNIVERSITY LICENSE AGREEMENT ("'Agreement") is made as of DATE ("Effective Date") by and between CKE RESTAURANTS HOLDINGS, INC., a Delaware corporation ("Licensor"), and FRANCHISEE (collectively, "Licensee").

Source: Item 23 — RECEIPTS (FDD pages 80–480)

What This Means (2024 FDD)

According to the 2024 FDD, under the Star University License Agreement, the licensor is CKE Restaurants Holdings, Inc., a Delaware corporation. This agreement outlines the terms and conditions under which a Carls franchisee (referred to as "Licensee" in this context) can operate a Carl's Jr. restaurant in conjunction with the Star University program.

This means that CKE Restaurants Holdings, Inc. is granting the franchisee the right to use certain intellectual property or systems associated with the Star University program. The franchisee, in turn, must adhere to the stipulations laid out in the Star University License Agreement. This agreement is separate from the standard franchise agreement with Carl's Jr. Restaurants LLC.

Prospective Carls franchisees should carefully review the Star University License Agreement to understand their rights and obligations. They should pay close attention to the fees, term, and termination conditions outlined in the agreement. Understanding the relationship between CKE Restaurants Holdings, Inc. and Carl's Jr. Restaurants LLC is also crucial, as the franchisee will be dealing with both entities under different agreements.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.