factual

Who owns the Crawlspace Medic trademarks and grants the right to use them?

Crawlspace_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

Crawlspace Medic, LLC ("Licensor") is the owner of the Marks and has granted us the right to use the Marks and license to others the right to use the Marks in the operation of a Crawlspace Medic outlet in accordance with the System. The Franchise Agreement will license to you the right to operate your Franchised Business under the Crawlspace Medic service mark, as described below ("Principal Mark") Licensor has registered the following

Source: Item 13 — TRADEMARKS (FDD pages 30–32)

What This Means (2024 FDD)

According to Crawlspace Medic's 2024 Franchise Disclosure Document, Crawlspace Medic, LLC, referred to as the "Licensor," owns the trademarks (or "Marks") associated with the Crawlspace Medic system. While Crawlspace Medic, LLC owns the trademarks, it has granted rights to another entity (referred to as "us" and "we" in the FDD) to use these trademarks and to license them to Crawlspace Medic franchisees. Therefore, as a franchisee, you are granted the right to operate under the Crawlspace Medic service mark through a license from this second entity.

The FDD also specifies that franchisees must immediately notify the franchisor upon becoming aware of any infringement or challenges to the use of the Principal Mark or other Marks. In such cases, the Licensor and the franchisor will take appropriate action, and franchisees who provide timely notice and comply with the Franchise Agreement will be indemnified for expenses and damages arising from claims challenging their authorized use of the Marks. The Licensor and the franchisor retain the right to control any administrative or legal proceedings involving the licensed Marks, and franchisees are required to cooperate fully in defending or settling any related litigation.

Crawlspace Medic also reserves the right to substitute different Marks if the current Marks can no longer be used or if a substitution is deemed beneficial to the system. In such an event, franchisees may be required, at their own expense, to modify or discontinue the use of any Mark, including the Principal Mark, or to use additional or substitute Marks. Franchisees are prohibited from directly or indirectly contesting the Licensor's or the franchisor's rights to the Principal Mark or other Marks. As of the date of the 2024 Disclosure Document, there are no known superior prior rights or infringing uses that could materially affect a franchisee's use of the Principal Mark.

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.