factual

Is Floyds 99 obligated to provide updates for the Program during the term of the license?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

16. SOFTWARE LICENSE

  • 16.1 Grant of License. The Franchisor will license one or more proprietary computer software programs (the "Software") to the Franchisee for use in the operation of the FLOYD'S 99 Shop, including any modifications or revisions thereto, all documentation (other than the Software) related to the Software, the tangible media upon which such programs are recorded and the database file structure thereof (collectively, the "Program"). The Franchisor hereby grants to the Franchisee a nonexclusive, nontransferable, fully paid license to use the Program (the "License") for the term hereof, and agrees to provide updates for the Program for the term hereof. The parties agree as follows:
    • a. The Program shall be installed on the computer equipment designated by the Franchisor as meeting its specifications (the "Designated Equipment").

Source: Item 22 — CONTRACTS (FDD pages 57–58)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 is obligated to provide updates for the Program during the term of the license. The Program consists of proprietary computer software programs that Floyds 99 licenses to the franchisee for use in the operation of their shop. This includes any modifications or revisions, documentation related to the software, the tangible media upon which the programs are recorded, and the database file structure.

Floyds 99 grants the franchisee a nonexclusive, nontransferable, fully paid license to use the Program for the term of the agreement. The Program must be installed on computer equipment designated by Floyds 99 as meeting its specifications.

This obligation ensures that franchisees have access to the latest software versions and improvements necessary for operating their Floyds 99 shop. It also helps maintain consistency and efficiency across all franchised locations by providing franchisees with the tools they need to manage their business effectively.

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.