Who is included in the definition of "City Wide Indemnities"?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee will indemnify, defend and hold harmless City Wide and its past, present and future officers, directors, agents, attorneys, employees, shareholders, successors, assigns and affiliates (collectively "City Wide Indemnities") from and against any and all expenses, damages, taxes, claims, suits, losses, actions, judgments, liabilities and costs, including City Wide Indemnities' reasonable attorney's fees and in-house counsel fees, arising out of or based on any claim, action, judicial proceeding, administrative proceeding, personal injury or damage to real or personal property brought or threatened in connection with City Wide's provision of IT Services, or otherwise related to or arising out of a Cyber Event.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the term "City Wide Indemnities" encompasses City Wide and its past, present, and future officers, directors, agents, attorneys, employees, shareholders, successors, assigns, and affiliates. This definition is relevant within the context of the indemnification clause in the franchise agreement.
This means that a City Wide franchisee is obligated to defend and protect all the listed parties from any expenses, damages, taxes, claims, suits, losses, actions, judgments, liabilities, and costs, including attorney's fees. This obligation arises from claims or actions related to City Wide's provision of IT Services or cyber events.
For a prospective franchisee, this highlights a significant responsibility to cover potential legal and financial exposures for a broad range of individuals and entities associated with City Wide. It is important to fully understand the scope of this indemnification and potentially seek legal counsel to assess the risks involved. Franchisees should also ensure they have adequate insurance coverage to address potential claims.