factual

Is a Casiola franchisee required to execute the Assignment of Telephone Numbers and Digital Media Accounts agreement?

Casiola Franchise · 2024 FDD

Answer from 2024 FDD Document

Without limitation to the foregoing, Franchisee shall, upon the request of Franchisor, execute and deliver to Franchisor the Assignment of Telephone Numbers and Digital Media Accounts attached to this

Agreement as Exhibit 3. Upon the request of Franchisor, Franchisee shall execute, update, and/or re-execute the Assignment of Telephone Numbers and Digital Media Accounts agreement upon the request of Franchisor. As between Franchisor and all third parties, Franchise

Source: Item 23 — RECEIPTS (FDD pages 47–209)

What This Means (2024 FDD)

According to Casiola's 2024 Franchise Disclosure Document, franchisees are required to execute the Assignment of Telephone Numbers and Digital Media Accounts agreement. This agreement, attached as Exhibit 3 to the Franchise Agreement, ensures that Casiola Franchise LLC and its assigns have control over all telephone numbers and digital media accounts associated with the franchisee's Casiola business.

The Assignment covers various digital assets, including interactive and static digital documents, listings, directories, applications, advertisements, links, metadata, and media transmitted within networks or connected to the internet. This includes traditional websites, online travel agencies, web-based applications, distributed databases, software applications, smartphone applications, and social media platforms like Facebook, LinkedIn, Twitter, Pinterest, Instagram, SnapChat, TikTok, and YouTube. The agreement applies to anything that refers to the Casiola business or its trademarks.

Upon the termination or expiration of the Franchise Agreement, the Assignment becomes effective automatically. This allows Casiola to maintain control over the Media, with third parties authorized to rely on the Assignment to ensure the transfer of accounts and media to Casiola's control. Casiola also has the right to request that franchisees update or re-execute the Assignment of Telephone Numbers and Digital Media Accounts agreement at any time.

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.