factual

According to the text, what is the name of the agreement being described for Cream franchises?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

Landlord acknowledges that Tenant intends to operate a Jeni's® Shop (a "Jeni's Ice Creams Scoop Shop") at the Premises, and that Tenant's rights to operate the Jeni's Ice Creams Scoop Shop and to use the Jeni's*®* name, trademarks, and service marks (the "Marks") are solely pursuant to a franchise agreement ("Franchise Agreement") between Tenant and Jeni's Splendid Ice Creams Franchise, LLC ("Franchisor").

Source: Item 23 — RECEIPTS (FDD pages 61–192)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, the agreement between the franchisor, Jeni's Splendid Ice Creams Franchise, LLC, and the franchisee is referred to as the "Franchise Agreement". This agreement grants the franchisee the right to develop, own, and operate a Jeni's Ice Creams Scoop Shop.

The Franchise Agreement outlines the terms and conditions under which the franchisee can operate the Cream business. It also defines the rights and responsibilities of both the franchisor and the franchisee. The landlord acknowledges that the tenant's right to operate the Jeni's Ice Creams Scoop Shop and use the trademarks is solely pursuant to this Franchise Agreement.

Furthermore, if a developer is opening multiple Cream locations, on the execution of the area development agreement, they will also execute the Franchise Agreement for their first Jeni's Ice Creams Scoop Shop. For each subsequent shop, the developer will sign the then-current form of the Franchise Agreement when the site is approved. The terms of these subsequent Franchise Agreements may differ substantially from the terms contained in the Franchise Agreement in effect on the Effective Date.

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.