factual

What is the U.S. Serial Number for the Cool Binz patent?

Cool_Binz Franchise · 2025 FDD

Answer 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 U.S. Serial Number for their non-provisional patent is 17/748,355. The patent filing date was May 19, 2022, and its status is currently pending. The patent covers a climate-controlled portable storage unit that includes a window for remote control access to climate controls. The inventors are listed as Kathryn and Ernest Paladino, and the patent is held by Cool Binz, LLC.

As a Cool Binz franchisee, your rights to use this patented technology are derived solely from the Franchise Agreement. Cool Binz retains the authority to dictate how the patented technology is used, and franchisees must 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. Franchisees 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 for the franchisee to use the patented technology cease. Franchisees must notify Cool Binz immediately of any infringement or challenge to their use of the patent, and Cool Binz has sole discretion to take action. Cool Binz will indemnify and hold the franchisee harmless from claims of infringement arising from the franchisee's conforming use of the patent, provided the franchisee promptly notifies Cool Binz of the claim. However, Cool Binz reserves the right to discontinue the franchisee's use of the patent, and the Franchise Agreement does not provide any right to compensation if the franchisee is required to modify or discontinue its use.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.