Who is the Licensor in the Trademark and System License Agreement for Dermani Medspa?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company executed a Trademark and System License Agreement (the "Trademark Agreement") on April 22, 2019 with Lazcoz, LLC (the "Licensor" ). The Licensor is the owner of a format and system (the "System" ) relating to the establishment, operation, management and franchising of medical spa centers, which operate under the "dermani MEDSPA®" name and the System. The Company has the right to sublicense the properties to third‐party franchisees for the operation of dermani MEDSPA® pursuant to the execution of an approved Franchise Agreement. The Trademark Agreement commenced on the effective date of the Trademark Agreement and shall remain in effect for twenty (20) years (April 22, 2039) and shall renew automatically for successive one (1) year periods unless terminated in accordance with the Trademark Agreement.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the Licensor in the Trademark and System License Agreement is Lazcoz, LLC. Dermani Medspa executed the Trademark Agreement with Lazcoz, LLC on April 22, 2019. Lazcoz, LLC owns the format and system related to establishing, operating, managing, and franchising medical spa centers under the Dermani Medspa name.
Dermani Medspa, as the company, has the right to sublicense these properties to third-party franchisees for operating a Dermani Medspa, provided they execute an approved Franchise Agreement. This arrangement allows Dermani Medspa to grant franchisees the right to use the Dermani Medspa system and trademarks.
The Trademark Agreement became effective on April 22, 2019, and is set to remain in effect for an initial term of twenty years, expiring on April 22, 2039. After this initial term, the agreement will automatically renew for successive one-year periods unless terminated according to the terms outlined within the Trademark Agreement. This long-term agreement provides a stable foundation for Dermani Medspa's franchising operations.