factual

Does Desi District intend to renew its trademark registrations?

Desi_District Franchise · 2024 FDD

Answer from 2024 FDD Document

Because the federal trademark registration is less than six years old, no affidavits are required at this time. The registration has not yet been renewed, but we intend to do so at the time they are legally required.

Source: Item 13 — TRADEMARKS (FDD pages 40–42)

What This Means (2024 FDD)

According to Desi District's 2024 Franchise Disclosure Document, the company intends to renew its federal trademark registrations when legally required. The FDD states that because the federal trademark registrations are less than six years old, no affidavits are required at the time of the disclosure. Desi District owns the trademarks through its affiliate, Desi District, LLC, and has the exclusive right to sublicense these trademarks to franchisees throughout the United States under an Intercompany License Agreement. This agreement is perpetual and can only be modified by mutual consent or canceled if Desi District misuses the trademarks and fails to correct the misuse, or if Desi District discontinues commercial use of the trademarks for over a year.

The trademarks licensed to franchisees are protected, and Desi District will defend franchisees against legal actions alleging infringement if the trademarks are used according to the franchise agreement. Additionally, Desi District will cover expenses and damages if any legal action is resolved unfavorably to the franchisee. However, franchisees are obligated to notify Desi District of any identical or confusingly similar trademark uses or claims, although Desi District is not required to take affirmative action upon notification. Desi District retains the right to control any administrative or legal proceedings involving the licensed trademarks.

Several trademarks are registered on the Principal Register of the United States Patent and Trademark Office. The registration dates for these trademarks are January 23, 2024, with registration number 7289724, and April 23, 2024, with registration number 7362758. These registrations indicate that Desi District has taken steps to legally protect its brand identity. Prospective franchisees can be assured that Desi District is actively managing and intends to maintain its trademark portfolio, which is crucial for brand consistency and protection.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.