When did EOS OpCo license the Marks, Intellectual Property, and System to Eos Worldwide?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
We have the right to the use, license and sublicense the Marks as well applicable copyrights, patents, know-how and trade secrets owned and developed by EOS OpCo (including any intellectual property developed by us, the "Intellectual Property"), under a license agreement between us and EOS OpCo (the "License Agreement"). On February 15, 2021, EOS OpCo licensed to us a worldwide nonexclusive right to use, and sublicense the use of, the Marks, Intellectual Property and System in connection with the offer, sale and operation of EOS Worldwide businesses. The License Agreement is for a term of 99 years unless EOS OpCo or we terminate the license. However, termination of the license agreement will not affect existing Franchise Agreements. We will sub-license to you the right to use the Marks to operate your Franchised Business upon the terms of your Franchise Agreement.
Source: Item 13 — TRADEMARKS (FDD pages 47–51)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, EOS OpCo licensed the Marks, Intellectual Property, and System to Eos Worldwide on February 15, 2021. Under the license agreement, Eos Worldwide received a worldwide nonexclusive right to use and sublicense the Marks, Intellectual Property, and System in connection with the offer, sale, and operation of Eos Worldwide businesses.
The license agreement between EOS OpCo and Eos Worldwide has a term of 99 years. The agreement continues unless either EOS OpCo or Eos Worldwide chooses to terminate it. However, the FDD specifies that the termination of the license agreement will not affect existing Franchise Agreements.
Eos Worldwide, in turn, sub-licenses the right to use the Marks to its franchisees, allowing them to operate their franchised businesses under the terms of their Franchise Agreement. This arrangement ensures that franchisees have the necessary rights to use the Eos Worldwide brand and intellectual property to conduct their business.