factual

Who are the 'Telephone Companies' as defined in the Dryject Franchise Agreement regarding telephone numbers and listings?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

On Termination of the Franchise Agreement, if Franchisor directs Franchisee to do so, Franchisee will immediately direct all telephone companies, telephone directory publishers, and telephone directory listing agencies (collectively, the "Telephone Companies") with which Franchisee has Telephone Numbers and Listings: (i) to transfer all Franchisee's Interest in such Telephone Numbers and Listings to Franchisor; and (ii) to execute such documents and take such actions as may be necessary to effectuate such transfer.

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, the term "Telephone Companies" in the context of the Telephone Listing Agreement refers collectively to "all telephone companies, telephone directory publishers, and telephone directory listing agencies" with which the franchisee has telephone numbers and listings.

This definition is important because upon termination of the Dryject Franchise Agreement, Dryject has the right to direct the franchisee to transfer all rights and interests in their telephone numbers and listings to Dryject. The franchisee is obligated to instruct these "Telephone Companies" to execute the necessary documents and actions to complete this transfer.

Dryject is also granted the power of attorney to act on behalf of the franchisee to direct the Telephone Companies to transfer or terminate the phone numbers and listings. Furthermore, Dryject can provide the Telephone Companies with a written statement as conclusive proof of the Franchise Agreement's termination, allowing for the transfer or termination of services. The franchisee releases the Telephone Companies from any liabilities related to the Telephone Listing Agreement once the transfer of interest has been completed.

Disclaimer: This information is extracted from the 2025 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.