What is the purpose of Article 2 in the Deck Medic Franchise Agreement for Deck Medic?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
and Products within Franchisee's Operating Territory from Franchisor designated and authorized Service Vehicles, the System standards designated by Franchisor, and in accordance with the requirements designated by Franchisor in the Operations Manual;
- (5) Except as otherwise provided in this Agreement including, but not limited to, the Reserved Rights and Closed Markets, provided that, at all times, Franchisee is and remains in compliance with the terms of this Agreement, during the Term of this Agreement, Franchisor will not and Franchisor's affiliates will not operate, or grant a franchisee the right to operate a Deck Medic Business using the Licensed Marks and System within Franchisee's Operating Territory, provided that an Operating Territory has been designated and approved by Franchisor in accordance with the terms of this Agreement; and
- (6) The foregoing rights granted in this Article 2.A. are subject to and contingent upon eac
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, Article 2.A. of the Deck Medic Franchise Agreement outlines the rights granted to the franchisee, specifically concerning their operating territory. It states that the franchisee has the right to offer and sell services and products within their designated operating territory using Deck Medic's authorized service vehicles and according to the standards outlined in the operations manual.
Furthermore, provided the franchisee remains compliant with the terms of the agreement, Deck Medic and its affiliates will not operate or grant another franchisee the right to operate a Deck Medic business within the franchisee's operating territory. This protection is contingent upon the operating territory being designated and approved by Deck Medic according to the agreement's terms.
However, these rights are subject to certain conditions and exceptions outlined elsewhere in the agreement, such as reserved rights and closed markets. This means that while Deck Medic grants territorial protection, there may be specific situations where Deck Medic retains the right to operate or authorize others to operate within the franchisee's territory. Therefore, prospective franchisees should carefully review the entire agreement to understand the full scope and limitations of their territorial rights.