What is the date of the Amended and Restated License Agreement between FocalPoint International and us regarding the Focalpoint Coaching trademarks?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Under an Amended and Restated License Agreement between FocalPoint International and us dated February 1, 2016, FocalPoint International has licensed us the right to use the Marks and to sublicense them to our franchise owners to use in operating FocalPoint Franchised Businesses and FocalPoint AR Businesses. The license agreement between FocalPoint International and us is for a term of 10 years and will automatically renew for additional 10 year terms after the expiration of the initial term unless FocalPoint International or we terminate the
license or the license agreement between Tracy and Fraser and FocalPoint International terminates. However, termination of the license agreement will not affect existing franchise agreements and/or area representative agreements. No other agreement limits our right to use or license the Marks.
Source: Item 13 — Trademarks (FDD pages 38–40)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the Amended and Restated License Agreement between FocalPoint International and Focalpoint Coaching is dated February 1, 2016. This agreement grants Focalpoint Coaching the right to use and sublicense the Focalpoint Coaching trademarks to its franchise owners for operating their FocalPoint Franchised Businesses and FocalPoint AR Businesses. The license agreement has an initial term of 10 years and automatically renews for additional 10-year terms unless terminated by either party. Termination of this agreement does not impact existing franchise agreements or area representative agreements.
This license agreement is crucial for franchisees because it secures their right to use the Focalpoint Coaching brand's trademarks, which are essential for operating their businesses. The automatic renewal provision provides long-term stability, but franchisees should be aware that the agreement can be terminated, potentially impacting their right to use the trademarks. However, the FDD states that termination of the license agreement will not affect existing franchise agreements.
Prospective franchisees should carefully consider the terms of the license agreement, particularly the conditions under which it can be terminated and the implications of such termination on their franchise operations. Understanding these details is vital for assessing the long-term viability and security of their investment in a Focalpoint Coaching franchise.