factual

Does any other agreement limit Crisp & Green's right to use or sublicense the Marks?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

No other agreement limits our right to use or sublicense the Marks.

Source: Item 13 — TRADEMARKS (FDD pages 47–49)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, no other agreement limits their right to use or sublicense the Marks. Crisp & Green operates its restaurants under trademarks, service marks, trade dress, and logos, all of which are owned by Crisp & Green LLC, the parent company. These marks are licensed to Crisp & Green through a Trademark License Agreement dated February 28, 2018.

The Trademark License Agreement is for an indefinite term but can be terminated by mutual agreement of Crisp & Green and its parent company, or by the parent company if Crisp & Green defaults and fails to correct the default. However, because Crisp & Green is a wholly-owned subsidiary of its parent company, the FDD states that the termination of this agreement is not anticipated to affect a franchisee's right to use the marks.

It is important to note that while some of Crisp & Green's marks are federally registered, others are not. Unregistered marks lack the legal benefits of registered trademarks. If the right to use an unregistered mark is challenged, franchisees may be required to stop using it and switch to an alternative mark, potentially increasing expenses. Franchisees are responsible for notifying Crisp & Green immediately of any trademark infringements or challenges to the use of a mark. Crisp & Green and its parent company have the exclusive right to control any litigation or proceedings concerning the marks.

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.