What is the current status of the Cool Binz patent with U.S. Ser. No. 17/748,355?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
The following is a list of patents (the "Patents") that are material to the franchise:
US Non-Provisional having U.S. Ser. No. 17/748,355.
Filing date: May 19, 2022
Status: Pending
The above Patent is for climate-controlled portable storage unit with a window for remote control access to climate controls. The Patents are held by Cool Binz, LLC, and were invented by Kathryn and Ernest Paladino.
Your rights to the use of the patent are derived solely from your Franchise Agreement. You will only use the patented technology as we authorize. In using the patented technology, you must strictly follow our rules, standards, specifications, requirements and instructions which may
be modified by us in our discretion. All goodwill associated with patent remains our exclusive property. You may not use the patent with any unauthorized product or service or in any way not explicitly authorized by the Franchise Agreement or that we may otherwise approve. When your Franchise Agreement expires or terminates, all rights for you to use the patented technology shall cease and you shall not maintain any rights to use the patent.
In the event of any infringement of, or challenge to, your use of the patent, you must immediately notify us, and we will have sole discretion to take such action as deemed appropriate. We will indemnify and hold you harmless from any suits, proceedings, demands, obligations, actions or claims, including costs and reasonable attorneys' fees, for any alleged infringement under federal or state patent law arising solely from your conforming use of the patent in accordance with the Franchise Agreement or as otherwise set forth by us in writing, if you have notified us promptly of the claim. We reserve the right, under the Franchise Agreement, to discontinue your use of the Patent. The franchise agreement does not provide you with any right to compensation if you are required to modify or discontinue use of the patent.
Source: Item 14 — PATENTS, COPYRIGHTS, AND PROPRIETARY INFORMATION (FDD pages 50–52)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, the US Non-Provisional patent with U.S. Ser. No. 17/748,355, filed on May 19, 2022, is currently pending. This patent covers a climate-controlled portable storage unit featuring a window for remote control access to climate controls. The patent is held by Cool Binz, LLC, and was invented by Kathryn and Ernest Paladino.
As a Cool Binz franchisee, your right to use this patented technology is solely derived from the Franchise Agreement. You are authorized to use the patented technology only as permitted by Cool Binz and must strictly adhere to their rules, standards, specifications, requirements, and instructions, which Cool Binz can modify at their discretion. All goodwill associated with the patent remains the exclusive property of Cool Binz. You are prohibited from using the patent with any unauthorized product or service or in any way not explicitly authorized by the Franchise Agreement or otherwise approved by Cool Binz. Upon expiration or termination of the Franchise Agreement, all rights to use the patented technology cease.
If there is any infringement or challenge to your use of the patent, you must immediately notify Cool Binz, who has the sole discretion to take appropriate action. Cool Binz will indemnify and hold you harmless from any suits, proceedings, demands, obligations, actions, or claims, including costs and reasonable attorneys' fees, for any alleged infringement under federal or state patent law arising solely from your conforming use of the patent in accordance with the Franchise Agreement or as otherwise set forth by Cool Binz in writing, provided you promptly notify them of the claim. However, Cool Binz reserves the right to discontinue your use of the Patent under the Franchise Agreement, and the agreement does not provide you with any right to compensation if you are required to modify or discontinue use of the patent. This means that while Cool Binz will protect you from legal challenges related to your authorized use of the patent, they can also revoke your right to use it without compensating you.