When was the Crown Gold Exchange trademark registered?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 13: TRADEMARKS]
| Trademark | Registration Date | Registration Number | |
|---|---|---|---|
| Crown Gold Exchange | 6/30/2015 | 4765544 |
Source: Item 13 — TRADEMARKS (FDD pages 26–27)
What This Means (2024 FDD)
According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the Crown Gold Exchange trademark was registered on June 30, 2015, with the registration number 4765544. The trademark is owned by WAM Gold, LLC, an affiliate of Crown Gold Exchange, and is registered on the Principal Register of the United States Patent and Trademark Office.
For a prospective franchisee, this registration date is important because it establishes the legal protection of the Crown Gold Exchange brand. The fact that the trademark is owned by an affiliate, WAM Gold, LLC, and licensed to Crown Gold Exchange means that the franchisee's right to use the trademark depends on the agreement between Crown Gold Exchange and WAM Gold, LLC. However, the agreement specifies that even if the Intercompany License Agreement is terminated, the franchisee's rights will remain unaffected.
Crown Gold Exchange also states that because the federal trademark registration is less than six years old, no affidavits are required at this time. The registration has not yet been renewed, but they intend to do so at the time they are legally required. Crown Gold Exchange will defend the franchisee against any legal action by a third party alleging infringement if the franchisee uses the trademarks in accordance with the franchise agreement. They will also indemnify the franchisee for expenses and damages if the legal action is resolved unfavorably to them.