What is the 'Deck Medic Business Franchise System'?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
has executed this Agreement as of the date or dates set forth below.
| Individual Signature of Restricted Party | Individual Signature of Restricted Party | ||||
|---|---|---|---|---|---|
| Name (please print) | Name (please print) | ||||
| Date: | Date: |
Franchise Agreement Exhibit 3 Assignment of Telephone Numbers and Digital Media Accounts
ASSIGNMENT OF TELEPHONE NUMBERS AND DIGITAL MEDIA ACCOUNTS
(for the benefit of Deck Medic, Inc. and its assigns)
| Business Franchise System"); | WHEREAS, Assignee is the franchisor of the Deck Medic |
|---|---|
| Business franchise system (the "Deck Medic WHEREAS, Assignor, as franchisee, and Assignee, as franchisor, are parties to a Deck Medic Business Franchise Agreement (the "Franchise Agreement"); | |
| WHEREAS, the term "Digital Media" shall refer to and mean | |
| any interactive or static digital document, | |
| listing, directory, application, advertisement, link, metadata, or media that is transmitted | |
| within a closed or | |
| private network, or that is connected to, in communication with, and/or networked with computers, | |
| applications, or other devices linked by communications systems, data systems, a part of the world wide | |
| web including, traditional websites, web based applications, distributed databases, including, blockchain, | |
| software applications, smart phone applications, or social media platforms such as Facebook, LinkedIn, | |
| Twitter, Pinterest, Instagram, SnapChat, TikTok, and YouTube, that refers, references, identifies, reviews, | |
| promotes and/or relates, in any way, to a Deck Medic | |
| Business, Deck Medic | |
| Businesses, Assignor's Deck | |
| Medic | |
| Business and/or trademarks associated with the Deck Medic | |
| Business, the Deck Medic | |
| Business | |
| Franchise System | |
| and/or Assignee; | |
| and | WHEREAS, in connection with Assignor's establishment and operation of a Deck Medic Business, Assignor will be utilizing accounts, information, phone numbers and Digital Media subject to strict requirements set forth in the Franchise Agreement. |
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the 'Deck Medic Business Franchise System' is referenced within the context of defining various terms and outlining the relationship between the franchisor and franchisee. The FDD mentions that the franchisee will operate their Deck Medic business as part of the 'System' and in accordance with the franchise agreement and operations manual. The franchisor retains the right to modify aspects of the system in their reasonable business judgment. The 'System' is also related to the brand's intellectual property.
The FDD defines several components related to the Deck Medic Business Franchise System. These include the 'Business Management System,' which encompasses the software and IT infrastructure used for day-to-day operations, and 'Approved Services and Products,' which are designated by the franchisor and are the only offerings franchisees are permitted to sell. The 'System' also involves the use of 'Licensed Marks,' such as the Deck Medic trademark and logo, which franchisees are authorized to use.
For a prospective franchisee, understanding the 'Deck Medic Business Franchise System' is crucial as it dictates how the business must be operated, the services and products that can be offered, and the technology and branding that must be utilized. The franchisee is obligated to adhere to the franchisor's standards and utilize the designated systems to maintain consistency across all Deck Medic franchises. This also means the franchisee must stay updated with any modifications or changes the franchisor makes to the system, ensuring compliance and alignment with the overall brand strategy.