What is the name of the unique system that Cinch I.T. franchisees have rights to?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
RECITALS
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- We and Our affiliates and/or predecessors have developed a system for establishing, operating and marketing an Information Technology (I.T.) support business providing business computer support, general I.T. support, and other technology related services under the trade name and/or trademark "CINCH I.T." and Franchisor is currently marketing and selling franchises under that name and/or mark;
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- Through the expenditure of time, effort and money, We have acquired unique experience, special skills, techniques and knowledge, marks, concepts, and proprietary information and have created and developed a unique business system for providing Information Technology Support Services ("Franchisor's System" or "System"), which System includes standards, specifications, methods, procedures, techniques, know-how, management directives, identification schemes, and proprietary marks and information in connection with the operation of the CINCH I.T. business ("System Standards"), which System Standards may be further developed by Us;
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- Our System is used in connection with the name CINCH I.T., CINCH I.T. design trademark, other trademarks, service marks, trade names and trade symbols, trade dress, signs, slogans, logos, designs, emblems, URLs, domain names, website addresses, e-mail addresses, digital cellular addresses, wireless web addresses and the like ("e-marks") and copyrights (hereinafter referred to collectively as "Marks"), as We have adopted and designated, or may subsequent to the date of this Franchise Agreement acquire and/or develop and designate for use by You in connection with Our System ("Licensed Rights");
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, the unique system that franchisees have the right to operate under is called the "CINCH I.T. SYSTEM" or "System". This system is designed for establishing, operating, and marketing an Information Technology (I.T.) support business, offering services such as business computer support, general I.T. support, and other technology-related services. Cinch I.T. is currently marketing and selling franchises under this name and/or mark.
The CINCH I.T. system includes standards, specifications, methods, procedures, techniques, know-how, management directives, identification schemes, and proprietary marks and information in connection with the operation of the Cinch I.T. business. These "System Standards" may be further developed by Cinch I.T. The system utilizes the name CINCH I.T., CINCH I.T. design trademark, other trademarks, service marks, trade names and trade symbols, trade dress, signs, slogans, logos, designs, emblems, URLs, domain names, website addresses, e-mail addresses, digital cellular addresses, wireless web addresses and the like and copyrights, which are collectively referred to as "Marks".
Cinch I.T. grants franchisees the right to use the Licensed Rights in the establishment and operation of their franchised business, subject to the terms and conditions of the Franchise Agreement. Franchisees must use the Licensed Rights strictly in accordance with the agreement, and any unauthorized use is considered an infringement of Cinch I.T.'s rights and a material breach of the agreement. Franchisees acknowledge that they do not acquire any right, title, or interest to the Licensed Rights, and all goodwill associated with these rights accrues exclusively to Cinch I.T.'s benefit.