What does 'you' or 'your' refer to in the Dermani Medspa franchise agreement?

According to Dermani Medspa's 2025 Franchise Disclosure Document, the terms "you" or "your" refer to the person or legal entity that purchases the franchise. This definition extends to include the direct and indirect owners of a corporation, partnership, limited liability company, or limited liability partnership that signs the franchise agreement as the franchisee. Therefore, all individuals or entities that are part of the ownership structure of the franchise are bound by the terms and conditions outlined in the agreement.

This definition is crucial because it clarifies who is responsible for fulfilling the obligations and enjoying the rights detailed in the Franchise Agreement. For instance, if a limited liability company (LLC) signs the agreement, the owners of that LLC are also considered parties to the agreement. This ensures that Dermani Medspa can enforce the agreement against not only the business entity but also the individuals who control it.

Furthermore, the FDD specifies that if a franchisee signs an Area Development Agreement, the number of Franchised Businesses to be established will be mutually determined by the franchisee and Dermani Medspa. This determination is based on factors such as the size of the Development Area, demographics, economic factors, expected demand, and the franchisee's desire and ability to manage the Dermani Medspa locations. The franchisee must also maintain at least the number of Dermani Medspa locations required by the Development Schedule during the term of the Area Development Agreement. This highlights the importance of understanding the full scope of obligations when entering into any agreement with Dermani Medspa.