What is the initial term length of the License Agreement that Casiola Worldwide LLC granted to Casiola?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Under the terms of the Franchise Agreement, you will be granted a license to use the "Casiola" trademark and those other marks identified in the table below in connection with the operations of the Franchised Business. Our affiliate Casiola Worldwide LLC is the owner of the Licensed Marks and has granted to us a license with an initial 20 year term and with automatic renewal thereafter to use the Licensed Marks and to license our franchisees to use the Licensed Marks (the "License Agreement"). Although the License Agreement may be terminated as a result of a breach of the License Agreement, in the event of any termination of the License Agreement, our franchisee will continue to maintain the right to use the Marks pursuant to the terms of their Franchise Agreement. Termination of the License Agreement does not terminate use of the Marks by our authorized franchisees. We reserve the right to supplement and modify the marks that you may or may not use in connection with the operations of your Casiola Business. You may only use the Licensed Marks as authorized by us in writing and under the terms of your Franchise Agreement. You may not use the Licensed Marks in the name of any Corporate Entity that you establish.
Source: Item 13 — TRADEMARKS (FDD pages 32–34)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, Casiola Worldwide LLC, which owns the licensed marks, has granted Casiola a license agreement with an initial term of 20 years. This agreement allows Casiola to use the trademarks and license its franchisees to use them as well. The license agreement also includes an automatic renewal provision after the initial term.
Even if the License Agreement between Casiola and Casiola Worldwide LLC is terminated due to a breach, Casiola franchisees retain the right to use the marks under the terms of their individual Franchise Agreements. This means that a franchisee's right to use the Casiola trademarks is protected even if the overarching license between the parent companies is terminated.
Casiola retains the right to modify the marks used in connection with the operations of a Casiola Business. Franchisees may only use the licensed marks as authorized by Casiola in writing and under the terms of the Franchise Agreement. Franchisees are prohibited from using the licensed marks in the name of any corporate entity they establish.