factual

Who owns the Confidential Information and trade secrets of Crawlspace Medic?

Crawlspace_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

14. INTELLECTUAL PROPERTY

14.1 Ownership.

  • 14.1.1. Franchisee expressly understands and acknowledges that Crawlspace Medic, LLC ("Licensor") is the record owner of the Marks. Franchisor holds the exclusive right to license the Marks to franchisees of the System for use pursuant to the System. Franchisee further expressly understands and acknowledges that Franchisor and/or Licensor claims copyrights on certain material used in the System, including but not limited to its website, documents, project designs, advertisements, promotional materials and the Manual, whether or not Franchisor has filed for copyrights thereto with t

Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD page 32)

What This Means (2024 FDD)

According to Crawlspace Medic's 2024 Franchise Disclosure Document, the franchisor, Crawlspace Medic, LLC, and/or its licensor claim copyrights on certain materials used in the Crawlspace Medic system. These materials include the website, documents, project designs, advertisements, promotional materials, and the operations manual, regardless of whether Crawlspace Medic has formally registered copyrights for them.

Crawlspace Medic retains ownership of all customer data stored in the franchisee's computer system. The franchisor has the right to independently access the franchisee's sales information and customer data generated by and stored in their system. There are no contractual limitations on Crawlspace Medic's right to have full access to this information, and they may retrieve, download, analyze, and store such information and data at any time.

As a franchisee, you expressly understand and acknowledge that Crawlspace Medic, LLC, is the record owner of the Marks. Franchisor holds the exclusive right to license the Marks to franchisees of the System for use pursuant to the System. Franchisee further expressly understands and acknowledges that Franchisor and/or Licensor claims copyrights on certain material used in the System, including but not limited to its website, documents, project designs, advertisements, promotional materials and the Manual, whether or not Franchisor has filed for copyrights thereto.

Disclaimer: This information is extracted from the 2024 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.