What page number in the Chatime Franchise Agreement discusses Guarantee and Indemnity for Chatime?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| F | Page(s) | |
|---|---|---|
| 1 | Definitions and Interpretations | 1 |
| 2 | Grant of Rights and Development Obligations. | 9 |
| 3 | Developer's Development and Operational Obligations | 13 |
| 4 | Other Obligations of Developer | 15 |
| 5 | Initial and Continuing Fees. | 19 |
| 6 | Confidential Information | 21 |
| 7 | Protection of Goodwill | 22 |
| 8 | Indemnity and Limitation of Liability | 24 |
| 9 | Intellectual Property | 25 |
| 10 | Transfer and Other Dealings | 27 |
| 11 | Transfer and Other Dealings by Developer | 28 |
| 12 | Temporary Operation by Franchisor | 31 |
| 13 | Termination of Agreement | 31 |
| 14 | Dispute Resolution | 31 |
| 15 | Rights and Obligations Upon Termination or Expiration | 35 |
| 16 | Guarantee and Indemnity | 36 |
| 17 | Corporate Developer | 37 |
| 18 | Acknowledgements, Representations, and Warranties | 38 |
| 19 | Notices | 39 |
| 20 | Force Majeure | 40 |
| 21 | Power of Attorney | 40 |
| 22 | Changes in Laws | 41 |
| 23 | Miscellaneous | 41 |
| Sch | nedule 1 Developer Particulars | |
| Sch | nedule 2 Marks and Exhibits |
Agreement is made and entered into by and between:
Parties Chatime Franchise, LLC being a Delaware limited liability company located at 8, The Green, Suite A, Dover, Delaware 19901 (Franchisor)
The party identified as Developer in Section 1 of Schedule 1 (Developer)
The party identified as Guarantor in Section 3 of Schedule 1 (Guarantor)
Introduction
- A. Franchisor's indirect parent company, La Kaffa International Co., Ltd., has developed a business and proprietary know-how, information, systems, and procedures including distinctive business formats, specifications, and the Marks for the establishment and operation of retail businesses offering for sale gourmet coffees, teas, other beverages, and certain complementary products (including food products), accessories, and services.
- B. Franchisor has been licensed by La Kaffa International Co., Ltd. to use the System and h
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the concept of guarantee and indemnity is addressed within the introductory sections of the franchise agreement. Specifically, in the 'Introduction' section, point D states that the guarantor agrees to provide a guarantee and indemnity to the franchisor. This agreement is made in consideration of the franchisor granting the franchise to the franchisee, thus highlighting the importance of the guarantor's role in ensuring the franchisee's obligations are met.
Furthermore, the document outlines the parties involved in the agreement, including Chatime Franchise, LLC as the Franchisor, the Developer, and the Guarantor. This section clarifies the relationships and responsibilities of each party, setting the stage for the detailed terms and conditions that follow in the agreement. The inclusion of a guarantor and their agreement to provide indemnity suggests that Chatime places a strong emphasis on securing its interests and ensuring compliance with the franchise agreement.
While the FDD excerpts mention the guarantee and indemnity agreement, they do not specify a particular page number where this information is located. A prospective franchisee should review the full franchise agreement to find the specific page numbers and sections that elaborate on the guarantor's obligations, the scope of the indemnity, and any limitations or conditions that may apply. This information is crucial for understanding the full extent of the guarantor's commitment and potential liabilities.