What happens to a Flowerama Florist's obligations regarding licensed property upon termination or non-renewal of the Premier Order Fulfillment Agreement?
Flowerama Franchise · 2024 FDDAnswer from 2024 FDD Document
| Provisions | Section in Premier Order Fulfillment Agreement | Summary | |
|---|---|---|---|
| (i) | Florist's obligations on termination/non-renewal | Sections 2(b), 2(e) and 12(b) | Cannot use Licensed Property |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 60–71)
What This Means (2024 FDD)
According to Flowerama's 2024 Franchise Disclosure Document, if the Premier Order Fulfillment Agreement is terminated or not renewed, the florist cannot use the licensed property. This is a standard clause in franchise agreements to protect the franchisor's brand and intellectual property.
This obligation is detailed within Item 17 of the FDD, which outlines the provisions, sections, and summaries related to the Premier Order Fulfillment Agreement. Specifically, Section 2(b), 2(e), and 12(b) of the agreement address the florist's obligations upon termination or non-renewal, emphasizing the restriction on using licensed property.
For a prospective Flowerama franchisee, this means that upon termination or non-renewal of the Premier Order Fulfillment Agreement, they must immediately cease using any of Flowerama's licensed trademarks, logos, and other intellectual property. Failure to comply with this provision could result in legal action by Flowerama to protect its brand and proprietary assets.