What agreements are included under 'Ancillary Agreements' for a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- "Ancillary Agreements" refers to and means, individually and collectively, each and every agreement between: (a) Franchisor and Franchisee, but not including this Agreement; (b) Franchisor and each of Franchisee's Owners, whether individually and/or collectively; and (c) Franchisor and each Spouse of Franchisee's Owners, whether individually and/or collectively.
Without limitation to the foregoing, the term Ancillary Agreements includes the Franchise Owner and Spouse Agreement and Guaranty and the Assignment of Telephone Numbers and Digital Media Accounts, as said agreements, individually and/or collectively, may have been entered into between the foregoing parties.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, 'Ancillary Agreements' refer to all agreements between the franchisor and franchisee, excluding the franchise agreement itself. This definition also extends to agreements between Deck Medic and the franchisee's owners, both individually and collectively, as well as agreements with the spouses of the franchisee's owners, again, both individually and collectively.
Specifically, the term 'Ancillary Agreements' includes the Franchise Owner and Spouse Agreement and Guaranty. It also includes the Assignment of Telephone Numbers and Digital Media Accounts. These agreements, whether entered into individually or collectively, fall under the umbrella of 'Ancillary Agreements'.
Prospective Deck Medic franchisees should carefully review these ancillary agreements to understand their obligations and the franchisor's rights beyond the main franchise agreement. These agreements often cover important aspects of the franchise relationship, such as guarantees, intellectual property, and the involvement of spouses or owners in the business.