Does Floyds 99 provide updates for the Program during the term of the license?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
- 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 Floyds 99's 2025 Franchise Disclosure Document, franchisees will receive updates for the proprietary computer software programs, referred to as the "Program," during the term of their license agreement. Floyds 99 licenses this software for use in the operation of the FLOYD'S 99 Shop. The Program includes any modifications or revisions, documentation related to the software, the tangible media on which the programs are recorded, and the database file structure.
This means that as a Floyds 99 franchisee, you are entitled to receive updates to the software used in your shop throughout the duration of your franchise agreement. These updates are intended to keep the software current and functional. The software must be installed on computer equipment that meets Floyds 99's specifications.
It is important to note that the license granted to use the Program is nonexclusive and nontransferable, meaning you cannot transfer the license to another party. The license is also fully paid, suggesting that the initial franchise fee covers the cost of the software license for the term of the agreement. Franchisees should ensure that they understand what is included in the Program and how frequently updates are provided.